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Astera LabsALAB -0.95%15 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 5,355.48. GuruFocus rates ALAB with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 1,032 Semiconductors companies, Astera Labs ranks better than 94.48% 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. Astera Labs's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
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, Astera Labscould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
The historical rank and industry rank for Astera Labs's Cash-to-Debt or its related term are showing as below:
ALAB'
s Cash-to-Debt Range Over the Past 10 Years
Min: 69.26 Med: 5355.48 Max: No Debt
Current: 302.21
During the past 4 years, Astera Labs's highest Cash to Debt Ratio was No Debt. The lowest was 69.26. And the median was 5355.48.
ALAB's Cash-to-Debt is ranked better than 94.48% of 1032
companies
in the Semiconductors industry
Industry Median: 1.64
vs ALAB: 302.21
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.
Astera Labs Cash-to-Debt Related Terms
Astera Labs Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Astera Labs'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 Semiconductors subindustry, Astera Labs'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.
Astera Labs Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Astera Labs's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Astera Labs's Cash-to-Debt falls into.
Astera Labs's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Astera Labs had no debt (1).
Astera Labs's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Astera Labs had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Astera Labs (ALAB) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 5,355.48. Over the past decade, Astera Labs' Cash-to-Debt has ranged from 69.26 to 10,000.00. According to the industry distribution chart, Astera Labs ranks #57 out of 1032 companies in the Semiconductors industry, placing it in the top 5.5%.
Is Astera Labs' Cash-to-Debt too high?
Astera Labs' current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 5,355.48. Over the past 10 years, this metric has ranged from a low of 69.26 to a high of 10,000.00. Based on the distribution chart, Astera Labs ranks #57 out of 1032 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Astera Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Astera Labs' Cash-to-Debt compare to NXPI and CRDO?
According to the Semiconductors industry distribution chart, Astera Labs ranks #57 out of 1032 companies for Cash-to-Debt. This places Astera Labs in the top 6% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.64. Historically, Astera Labs' own Cash-to-Debt has ranged from 69.26 to 10,000.00 over the past decade. 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 a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,032 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. 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 Semiconductors industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astera Labs's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 5,355.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astera Labs stock overvalued right now?
Astera Labs (ALAB) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 5,355.48. Astera Labs' overall GF Score™ is 15/100 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 Astera Labs (ALAB), the current Cash-to-Debt is No Debt (1) as of Jun. 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.
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
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