Space-Communication Balance Sheet Health
Financial Health criteria checks 3/6
Space-Communication has a total shareholder equity of $10.7M and total debt of $315.9M, which brings its debt-to-equity ratio to 2959.7%. Its total assets and total liabilities are $411.3M and $400.7M respectively. Space-Communication's EBIT is $769.0K making its interest coverage ratio 0. It has cash and short-term investments of $44.7M.
Key information
2,959.7%
Debt to equity ratio
US$315.86m
Debt
| Interest coverage ratio | 0.03x |
| Cash | US$44.72m |
| Equity | US$10.67m |
| Total liabilities | US$400.67m |
| Total assets | US$411.34m |
Recent financial health updates
Is Space-Communication (TLV:SCC) Using Too Much Debt?
Apr 03
These 4 Measures Indicate That Space-Communication (TLV:SCC) Is Using Debt Extensively
Dec 06Space-Communication (TLV:SCC) Use Of Debt Could Be Considered Risky
May 14Is Space-Communication (TLV:SCC) A Risky Investment?
Jan 11
Recent updates
Space-Communication Ltd (TLV:SCC) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 18Is Space-Communication (TLV:SCC) Using Too Much Debt?
Apr 03The Returns On Capital At Space-Communication (TLV:SCC) Don't Inspire Confidence
May 13These 4 Measures Indicate That Space-Communication (TLV:SCC) Is Using Debt Extensively
Dec 06Space-Communication (TLV:SCC) Could Be At Risk Of Shrinking As A Company
Oct 13Space-Communication (TLV:SCC) Use Of Debt Could Be Considered Risky
May 14Is Space-Communication (TLV:SCC) Set To Make A Turnaround?
Mar 05Is Space-Communication (TLV:SCC) A Risky Investment?
Jan 11Can Space-Communication (TLV:SCC) Turn Things Around?
Nov 17Financial Position Analysis
Short Term Liabilities: SCC's short term assets ($155.0M) do not cover its short term liabilities ($362.9M).
Long Term Liabilities: SCC's short term assets ($155.0M) exceed its long term liabilities ($37.8M).
Debt to Equity History and Analysis
Debt Level: SCC's net debt to equity ratio (2540.7%) is considered high.
Reducing Debt: SCC's debt to equity ratio has increased from 367.5% to 2959.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SCC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.4% per year.