Space42 Balance Sheet Health
Financial Health criteria checks 5/6
Space42 has a total shareholder equity of $1.9B and total debt of $397.2M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are $3.6B and $1.7B respectively. Space42's EBIT is $56.8M making its interest coverage ratio -5.4. It has cash and short-term investments of $895.0M.
Key information
20.99%
Debt to equity ratio
US$397.22m
Debt
| Interest coverage ratio | -5.4x |
| Cash | US$895.00m |
| Equity | US$1.89b |
| Total liabilities | US$1.71b |
| Total assets | US$3.60b |
Recent financial health updates
No updates
Recent updates
SPACE42's (ADX:SPACE42) Shareholders Have More To Worry About Than Only Soft Earnings
Mar 05
There's Reason For Concern Over SPACE42's (ADX:SPACE42) Price
Mar 02Bayanat AI (ADX:BAYANAT) Strong Profits May Be Masking Some Underlying Issues
Aug 21Bayanat AI PLC's (ADX:BAYANAT) Popularity With Investors Is Under Threat From Overpricing
Apr 07Bayanat AI's (ADX:BAYANAT) Solid Earnings May Rest On Weak Foundations
Feb 14Bayanat AI (ADX:BAYANAT) May Have Issues Allocating Its Capital
Jan 17Bayanat AI's (ADX:BAYANAT) Profits Appear To Have Quality Issues
Mar 28Financial Position Analysis
Short Term Liabilities: SPACE42's short term assets ($1.4B) exceed its short term liabilities ($547.9M).
Long Term Liabilities: SPACE42's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SPACE42 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SPACE42's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SPACE42's debt is well covered by operating cash flow (132.1%).
Interest Coverage: SPACE42 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/05 18:32 |
| End of Day Share Price | 2025/06/04 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Space42 PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.