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Amer SportsAS +2.26%68 Cash-to-Debt is 0.65 as of Jun. 2026, which is 400% above its 10-year median of 0.13. GuruFocus rates AS with a GF Score™ of 68/100 and a GF Value™ of $37.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 830 Travel & Leisure companies, Amer Sports ranks better than 52.17% 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. Amer Sports's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.65.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Amer Sportscouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Amer Sports's Cash-to-Debt or its related term are showing as below:
AS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.68
Current: 0.65
During the past 6 years, Amer Sports's highest Cash to Debt Ratio was 0.68. The lowest was 0.04. And the median was 0.13.
AS's Cash-to-Debt is ranked better than 52.17% of 830
companies
in the Travel & Leisure industry
Industry Median: 0.55
vs AS: 0.65
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.
Amer Sports Cash-to-Debt Related Terms
Amer Sports Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Amer Sports'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 Leisure subindustry, Amer Sports'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.
Amer Sports Cash-to-Debt vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Amer Sports'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.
Amer Sports (AS) has a Cash-to-Debt of 0.65 as of Jun. 2026. This is 400% above median its historical median of 0.13. Over the past decade, Amer Sports' Cash-to-Debt has ranged from 0.04 to 0.68. According to the industry distribution chart, Amer Sports ranks #397 out of 830 companies in the Travel & Leisure industry, placing it in the top 47.8%.
Is Amer Sports' Cash-to-Debt too high?
Amer Sports' current Cash-to-Debt of 0.65 is 400% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.68. The Travel & Leisure industry median Cash-to-Debt is 0.55. Amer Sports' value of 0.65 is 18.2% above this industry median. Based on the distribution chart, Amer Sports ranks #397 out of 830 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Amer Sports has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Cash-to-Debt compare to HAS and LTH?
According to the Travel & Leisure industry distribution chart, Amer Sports ranks #397 out of 830 companies for Cash-to-Debt. This puts Amer Sports in the upper half of its industry. The industry median Cash-to-Debt is 0.55. Amer Sports' value of 0.65 is 18.2% above this benchmark. Historically, Amer Sports' own Cash-to-Debt has ranged from 0.04 to 0.68 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.55, Amer Sports 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 a Travel & Leisure company?
The median Cash-to-Debt among Travel & Leisure companies is 0.55, based on 830 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. Amer Sports's current Cash-to-Debt of 0.65 is 18.2% 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Cash-to-Debt is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amer Sports's current Cash-to-Debt is 0.65, which is 400% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (AS) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.34, compared to a current price of $26.87 — trading 28.1% below its estimated fair value. The current Cash-to-Debt is 0.65, which is 400% above median its 10-year median of 0.13 and 18.2% above the Travel & Leisure industry median of 0.55. Amer Sports' overall GF Score™ is 68/100 with 1 warning sign 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 Amer Sports (AS), the current Cash-to-Debt is 0.65 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.
Is Amer Sports (AS) Overvalued in 2026?
Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued.
The current stock price of $26.87 is trading 28.1% below its estimated GF Value™ of $37.34.
GuruFocus considers Amer Sports to be Modestly Undervalued.
Key valuation signals for AS:
Cash-to-Debt: 0.65 (400% above median its 10-year median of 0.13)
GF Value™: $37.34 vs. price of $26.87 (28.1% below fair value)
Industry Position: 18.2% above the Travel & Leisure median (#397 of 830)
No single metric tells the full story. See the AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
68GF Score
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