First GenFSGCY 54 Cash Ratio is 1.22 as of Mar. 2026, which is 30% above its 10-year median of 0.94. GuruFocus rates FSGCY with a GF Score™ of 54/100 and a GF Value™ of $2.15 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 435 Utilities - Independent Power Producers companies, First Gen ranks better than 77.01% on this metric.
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
First Gen Cash Ratio Related Terms
First Gen Cash Ratio Historical Data
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The historical data trend for First Gen's Cash Ratio 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.
For the Utilities - Renewable subindustry, First Gen's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Gen Cash Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Cash Ratio distribution charts can be found below:
* The bar in red indicates where First Gen's Cash Ratio falls into.
* 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.
First Gen (FSGCY) has a Cash Ratio of 1.22 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on First Gen and its competitors. This is 30% above median its historical median of 0.94. Over the past decade, First Gen's Cash Ratio has ranged from 0.62 to 1.86. According to the industry distribution chart, First Gen ranks #100 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 23%.
Is First Gen's Cash Ratio too high?
First Gen's current Cash Ratio of 1.22 is 30% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.86. The Utilities - Independent Power Producers industry median Cash Ratio is 0.46. First Gen's value of 1.22 is 165.2% above this industry median. Based on the distribution chart, First Gen ranks #100 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, First Gen has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's Cash Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #100 out of 435 companies for Cash Ratio. This places First Gen in the top 23% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.46. First Gen's value of 1.22 is 165.2% above this benchmark. Historically, First Gen's own Cash Ratio has ranged from 0.62 to 1.86 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.46, First Gen has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Utilities - Independent Power Producers company?
The median Cash Ratio among Utilities - Independent Power Producers companies is 0.46, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current Cash Ratio of 1.22 is 165.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current Cash Ratio is 1.22, which is 30% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Gen stock overvalued right now?
Based on GuruFocus' analysis, First Gen (FSGCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.15, compared to a current price of $5.35 — trading 148.8% above its estimated fair value. The current Cash Ratio is 1.22, which is 30% above median its 10-year median of 0.94 and 165.2% above the Utilities - Independent Power Producers industry median of 0.46. First Gen's overall GF Score™ is 54/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For First Gen (FSGCY), the current Cash Ratio is 1.22 as of Mar. 2026. 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.
Is First Gen (FSGCY) Overvalued in 2026?
Based on GuruFocus' analysis, First Gen stock appears to be overvalued.
The current stock price of $5.35 is trading 148.8% above its estimated GF Value™ of $2.15.
GuruFocus considers First Gen to be Significantly Overvalued.
Key valuation signals for FSGCY:
Cash Ratio: 1.22 (30% above median its 10-year median of 0.94)
GF Value™: $2.15 vs. price of $5.35 (148.8% above fair value)
Industry Position: 165.2% above the Utilities - Independent Power Producers median (#100 of 435)
No single metric tells the full story. See the FSGCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Gen Corp is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FGEN LNG, FNPC, and Prime Meridian. The company only operates in Philippines.
54GF Score
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