Space Exploration Technologies (XSWX:SPCX) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


XSWX:SPCX Space Exploration Technologies Corp XSWX:SPCX
5 GF Score
Price CHF125.13
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What is Space Exploration Technologies Interest Coverage?

Space Exploration Technologies XSWX:SPCX -2.23% 5 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates XSWX:SPCX with a GF Score™ of 5/100. The stock has 2 warning signs investors should review. Among 241 Aerospace & Defense companies, Space Exploration Technologies ranks worse than 414937.34% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Space Exploration Technologies's Operating Income for the three months ended in Dec. 2025 was CHF-2,064 Mil. Space Exploration Technologies's Interest Expense for the three months ended in Dec. 2025 was CHF-1,945 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Space Exploration Technologies's Interest Coverage or its related term are showing as below:


XSWX:SPCX's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.69
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Space Exploration Technologies  (XSWX:SPCX) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Space Exploration Technologies Interest Coverage Related Terms


Space Exploration Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Space Exploration Technologies Interest Coverage Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
0.30 0.47 0.00

Space Exploration Technologies Quarterly Data
Dec23 Dec24 Dec25
Interest Coverage 0.30 0.47 0.00

XSWX:SPCX vs : Interest Coverage Comparison

For the Aerospace & Defense subindustry, Space Exploration Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Space Exploration Technologies Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Space Exploration Technologies's Interest Coverage falls into.


XSWX:SPCX
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Space Exploration Technologies Corp XSWX:SPCX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Space Exploration Technologies's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Space Exploration Technologies's Interest Expense was CHF-1,945 Mil. Its Operating Income was CHF-2,064 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF21,968 Mil.

Space Exploration Technologies did not have earnings to cover the interest expense.

Space Exploration Technologies's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Space Exploration Technologies's Interest Expense was CHF-1,945 Mil. Its Operating Income was CHF-2,064 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF21,968 Mil.

Space Exploration Technologies did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Space Exploration Technologies (XSWX:SPCX) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Space Exploration Technologies and its competitors. According to the industry distribution chart, Space Exploration Technologies ranks #999999 out of 241 companies in the Aerospace & Defense industry.
Is Space Exploration Technologies' Interest Coverage too high?
Space Exploration Technologies' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Space Exploration Technologies ranks #999999 out of 241 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Space Exploration Technologies has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' Interest Coverage compare to ?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #999999 out of 241 companies for Interest Coverage. This places Space Exploration Technologies in the lower half of its industry. The industry median Interest Coverage is 8.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (XSWX:SPCX) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Space Exploration Technologies' overall GF Score™ is 5/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Space Exploration Technologies (XSWX:SPCX), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Space Exploration Technologies Business Description

Comparable Companies
Address 1 Rocket Road, Starbase, TX, USA, 78521
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
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CHF125.13
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