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H-PowerAFGYF 32 Cash-to-Debt is 12.49 as of Apr. 2026, which is 79% below its 10-year median of 58.55. GuruFocus rates AFGYF with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 3,057 Industrial Products companies, H-Power ranks better than 79.65% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. H-Power's cash to debt ratio for the quarter that ended in Apr. 2026 was 12.49.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, H-Powercould pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
The historical rank and industry rank for H-Power's Cash-to-Debt or its related term are showing as below:
AFGYF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.56 Med: 58.55 Max: 526.25
Current: 12.48
During the past 13 years, H-Power's highest Cash to Debt Ratio was 526.25. The lowest was 3.56. And the median was 58.55.
AFGYF's Cash-to-Debt is ranked better than 79.65% of 3057
companies
in the Industrial Products industry
Industry Median: 1.13
vs AFGYF: 12.48
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
H-Power Cash-to-Debt Related Terms
H-Power Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for H-Power's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Electrical Equipment & Parts subindustry, H-Power's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
H-Power Cash-to-Debt vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, H-Power's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where H-Power's Cash-to-Debt 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.
H-Power (AFGYF) has a Cash-to-Debt of 12.49 as of Apr. 2026. This is 79% below median its historical median of 58.55. Over the past decade, H-Power's Cash-to-Debt has ranged from 3.56 to 526.25. According to the industry distribution chart, H-Power ranks #622 out of 3057 companies in the Industrial Products industry, placing it in the top 20.3%.
Is H-Power's Cash-to-Debt too high?
H-Power's current Cash-to-Debt of 12.49 is 79% below median its 10-year median of 58.55. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 526.25. The Industrial Products industry median Cash-to-Debt is 1.13. H-Power's value of 12.49 is 1005.3% above this industry median. Based on the distribution chart, H-Power ranks #622 out of 3057 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, H-Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does H-Power's Cash-to-Debt compare to VRT and BE?
According to the Industrial Products industry distribution chart, H-Power ranks #622 out of 3057 companies for Cash-to-Debt. This places H-Power in the top 20% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.13. H-Power's value of 12.49 is 1005.3% above this benchmark. Historically, H-Power's own Cash-to-Debt has ranged from 3.56 to 526.25 over the past decade. While the company's 10-year median is 58.55 vs. the industry median of 1.13, H-Power 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-to-Debt for an Industrial Products company?
The median Cash-to-Debt among Industrial Products companies is 1.13, based on 3,057 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H-Power's current Cash-to-Debt of 12.49 is 1005.3% 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Cash-to-Debt is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H-Power's current Cash-to-Debt is 12.49, which is 79% below median its own 10-year median of 58.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H-Power stock overvalued right now?
H-Power (AFGYF) has a current Cash-to-Debt of 12.49. The current Cash-to-Debt is 12.49, which is 79% below median its 10-year median of 58.55 and 1005.3% above the Industrial Products industry median of 1.13. H-Power's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For H-Power (AFGYF), the current Cash-to-Debt is 12.49 as of Apr. 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.
H-Power PLC is a provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Its products include decentralised ammonia cracker systems and fuel cell generators designed to supply low-carbon hydrogen and power for industrial and off-grid applications. The company focuses on the commercial rollout of its hydrogen and power technologies and the development of modular ammonia cracker systems and fuel cell-based power solutions. Its technologies are intended to provide alternatives to conventional diesel-based power generation systems.
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