Space Exploration Technologies (TSX:SPCX) LT-Debt-to-Total-Asset: 0.24 (As of Dec. 2025)


TSX:SPCX Space Exploration Technologies Corp TSX:SPCX
15 GF Score
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What is Space Exploration Technologies LT-Debt-to-Total-Asset?

Space Exploration Technologies TSX:SPCX -1.15% 15 LT-Debt-to-Total-Asset is 0.24 as of Dec. 2025. GuruFocus rates TSX:SPCX with a GF Score™ of 15/100. The stock has 2 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Space Exploration Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.24.

Space Exploration Technologies's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2025 (0.24). It may suggest that Space Exploration Technologies is progressively becoming more dependent on debt to grow their business.

Space Exploration Technologies  (TSX:SPCX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Space Exploration Technologies LT-Debt-to-Total-Asset Related Terms

Space Exploration Technologies LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Space Exploration Technologies's LT-Debt-to-Total-Asset 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.

Space Exploration Technologies LT-Debt-to-Total-Asset Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
0.00 0.24 0.24

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset 0.00 0.24 0.24
TSX:SPCX
15GF Score
Space Exploration Technologies Corp TSX:SPCX
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies LT-Debt-to-Total-Asset Calculation

Space Exploration Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=30304.856/127022.981
=0.24

Space Exploration Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=30304.856/127022.981
=0.24

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.24 mean?
Space Exploration Technologies (TSX:SPCX) has a LT-Debt-to-Total-Asset of 0.24 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Space Exploration Technologies and its competitors.
Is Space Exploration Technologies' LT-Debt-to-Total-Asset too high?
Space Exploration Technologies' current LT-Debt-to-Total-Asset is 0.24. Overall, Space Exploration Technologies has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' LT-Debt-to-Total-Asset compare to ?
Space Exploration Technologies' LT-Debt-to-Total-Asset of 0.24 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Aerospace & Defense company?
A good LT-Debt-to-Total-Asset depends on the Aerospace & Defense industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Space Exploration Technologies and its competitors. Space Exploration Technologies's current LT-Debt-to-Total-Asset is 0.24. 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 (TSX:SPCX) has a current LT-Debt-to-Total-Asset of 0.24. The current LT-Debt-to-Total-Asset is 0.24. Space Exploration Technologies' overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Space Exploration Technologies (TSX:SPCX), the current LT-Debt-to-Total-Asset is 0.24 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

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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.
15GF Score

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