MDA Space (MDA) Balance Sheet: Assets & Liabilities

MDA Space (MDA) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), MDA Space reported total assets of CAD 3.36B and total liabilities of CAD 2.00B. Shareholders' equity was CAD 1.35B, up 15.2% from CAD 1.18B a year earlier. Total debt stood at CAD 292.20M against CAD 152.00M in cash and short-term investments, a net debt position of CAD 140.20M. That puts debt-to-equity at 0.22, compared with 0.13 a year earlier.

MDA Space Balance Sheet Analysis

Values in billions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for MDA Space Ltd. (MDA) - Annual data in billions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	0.15	0.17	0.02	0.04	0.08	0.08
Cash & Short-Term Investments	0.15	0.17	0.02	0.04	0.08	0.08
Accounts Receivable	0.09	0.38	0.35	0.15	0.18	0.23
Inventory	0.02	0.01	0.01	0.01	0.01	0.01
Other Current Assets	0.05	0.07	0.07	0.02	0.03	0.01
Total Current Assets	0.61	0.63	0.46	0.38	0.29	0.33
Non-Current Assets
Property, Plant & Equipment (Net)	0.76	0.61	0.44	0.24	0.12	0.09
Long-Term Investments	0.01	0.00	0.00	0.00	0.00	0.01
Goodwill	0.80	0.44	0.44	0.42	0.42	0.42
Intangible Assets	0.88	0.58	0.58	0.55	0.57	0.59
Other Non-Current Assets	0.28	0.33	0.24	0.14	0.13	0.01
Total Non-Current Assets	2.74	1.97	1.71	1.37	1.24	1.13
Total Assets	3.36	2.60	2.16	1.75	1.53	1.46
Current Liabilities
Accounts Payable	0.39	0.25	0.22	0.12	0.07	0.07
Short-Term Debt	0.02	0.03	0.02	0.01	0.02	0.03
Accrued Liabilities	0.09	0.06	0.06	0.07	0.05	-
Deferred Revenue	0.80	0.76	0.08	0.11	0.09	0.07
Other Current Liabilities	0.02	0.05	0.00	0.01	0.00	0.05
Total Current Liabilities	1.32	1.09	0.37	0.32	0.23	0.24
Non-Current Liabilities
Long-Term Debt	0.27	0.12	0.44	0.24	0.14	0.55
Deferred Tax Liabilities	0.25	0.19	0.18	0.16	0.16	0.16
Other Non-Current Liabilities	0.02	0.02	0.21	0.00	0.19	0.05
Total Non-Current Liabilities	0.68	0.33	0.72	0.43	0.35	0.76
Total Liabilities	2.00	1.42	1.10	0.75	0.57	1.00
Stockholders' Equity
Common Stock	1.04	0.98	0.96	0.95	0.95	0.48
Retained Earnings	0.25	0.14	0.06	0.01	-0.01	-0.02
Accumulated Other Comprehensive Income	0.03	0.02	0.02	0.01	0.01	-0.01
Additional Paid-in Capital	0.04	0.04	0.03	0.03	0.02	0.00
Shares Outstanding	0.13	0.12	0.12	0.12	-	-
Total Stockholders' Equity	1.36	1.18	1.06	1.00	0.96	0.46
Total Liabilities & Equity	3.36	2.60	2.16	1.75	1.53	1.46

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About MDA Space Balance Sheet

How much debt does MDA Space have?

MDA Space had total debt of CAD 292.20M as of Dec 31, 2025, against CAD 152.00M in cash and short-term investments. Its debt-to-equity ratio was 0.22. Total debt was CAD 153.00M a year earlier.

What are MDA Space's total assets?

MDA Space reported total assets of CAD 3.36B as of Dec 31, 2025, up 29.2% from CAD 2.60B a year earlier. Total liabilities were CAD 2.00B.

What is MDA Space's shareholders' equity?

MDA Space's shareholders' equity was CAD 1.35B as of Dec 31, 2025, or about CAD 10.73 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition