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SPCXSpace Exploration Technologies Corp.

Debt to Assets Ratio: 29.64%

Is the debt to assets ratio high or low?

The debt to assets ratio of 29.64% is 13% above its 1-year average of 26.23%, near the high end of its 1-year range (24.17%–29.64%).

As of Monday, June 29, 2026. 8.77% above its 12-month average of 27.25%.

Debt to Assets

SPCX Debt to Assets Ratio

29.64%

Reported quarterly debt to assets ratio; no daily interpolation.

+22.64% 5Y
SPCX Debt to Assets Ratio

SPCX Average Debt to Assets Ratio Chart

SPCX Debt to Assets Ratio

SPCX Current vs Average Debt to Assets Ratio Chart

SPCX Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

29.64%

DEBT TO ASSETS RATIO AVG TTM

27.25%

DEBT TO ASSETS RATIO AVG 3Y

N/A

DEBT TO ASSETS RATIO AVG 5Y

N/A

DEBT TO ASSETS RATIO AVG 10Y

N/A

DEBT TO ASSETS RATIO AVG 15Y

N/A

DEBT TO ASSETS RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+8.77%

CURRENT VS 3Y AVG

N/A

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SPCX Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Space Exploration Technologies Corp. (SPCX)$2.00T29.64%27.25%N/AN/A
Caterpillar Inc. (CAT)vs ›$459.47B0.44%N/AN/AN/A
GE Aerospace (GE)vs ›$385.54B0.16%N/AN/AN/A
RTX Corporation (RTX)vs ›$253.16B0.23%N/AN/AN/A
Siemens AG (SIEGY)vs ›$234.60B0.34%N/AN/AN/A
ABB Ltd (ABBNY)vs ›$188.57B0.20%N/AN/AN/A
Schneider Electric S.E. (SBGSY)vs ›$175.60B0.28%N/AN/AN/A
The Boeing Company (BA)vs ›$171.26B0.32%N/AN/AN/A
Deere & Company (DE)vs ›$165.54B0.60%N/AN/AN/A
Union Pacific Corporation (UNP)vs ›$159.32B0.46%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

29.6%

Debt/Equity

0.55

Current Ratio

1.45

Interest Coverage

-1.3x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Space Exploration Technologies Corp. (SPCX)?
The debt to assets ratio for SPCX stock is 29.64%.
Is Space Exploration Technologies Corp.'s debt to assets ratio high or low?
The debt to assets ratio of 29.64% is 13% above its 1-year average of 26.23%, near the high end of its 1-year range (24.17%–29.64%).
What is the TTM average debt to assets ratio for Space Exploration Technologies Corp. (SPCX)?
The TTM average debt to assets ratio for SPCX stock is 27.25%.

SPCX Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3129.64%
2025-12-3124.87%
2024-12-3124.17%

About Space Exploration Technologies Corp.

Space Exploration Technologies Corp. designs, manufactures, and launches rockets and spacecraft, and provides satellite-based broadband services in the United States, Ireland, and Canada. The company offers launch services for satellites, cargo, and crew to destinations such as low Earth orbit, the International Space Station, the Moon, and Mars, using vehicles, including Falcon 9, Falcon Heavy, and Starship. It provides dedicated rideshare missions for small satellites, manufactures reusable rockets and spacecraft, such as Dragon and Starship, and conducts suborbital and orbital flight tests. The company supplies broadband internet connectivity through the Starlink satellite network for consumer and commercial use, and offers Starshield, a satellite-based solution for government users focused on sensing, communications, and satellite bus services. It supports scientific research opportunities and provides on-orbit research and travel services for private and government customers, and collaborates with government agencies for national security space launch missions. The company serves government agencies, national security organizations, commercial satellite operators, research institutions, and private spaceflight clients, supporting scientific research and commercial payload missions for professional and industrial clients in the aerospace and telecommunications sectors. The company was founded in 2002 and is based in Starbase, Texas.

Starbase, TX
22,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Elon Musk