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Associated Banc-CorpASB -2.72%68 Cash-to-Debt is 0.35 as of Jun. 2026, which is 59% above its 10-year median of 0.22. GuruFocus rates ASB with a GF Score™ of 68/100 and a GF Value™ of $29.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,492 Banks companies, Associated Banc-Corp ranks worse than 82.17% 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. Associated Banc-Corp's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.35.
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, Associated Banc-Corpcouldn'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 Associated Banc-Corp's Cash-to-Debt or its related term are showing as below:
ASB'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.22 Max: 0.87
Current: 0.35
During the past 13 years, Associated Banc-Corp's highest Cash to Debt Ratio was 0.87. The lowest was 0.08. And the median was 0.22.
ASB's Cash-to-Debt is ranked worse than 82.17% of 1492
companies
in the Banks industry
Industry Median: 1.395
vs ASB: 0.35
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.
Associated Banc-Corp Cash-to-Debt Related Terms
Associated Banc-Corp Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Associated Banc-Corp'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 Banks - Regional subindustry, Associated Banc-Corp'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.
Associated Banc-Corp Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, Associated Banc-Corp's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Associated Banc-Corp'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.
Associated Banc-Corp (ASB) has a Cash-to-Debt of 0.35 as of Jun. 2026. This is 59% above median its historical median of 0.22. Over the past decade, Associated Banc-Corp's Cash-to-Debt has ranged from 0.08 to 0.87. According to the industry distribution chart, Associated Banc-Corp ranks #1226 out of 1492 companies in the Banks industry, placing it in the top 82.2%.
Is Associated Banc-Corp's Cash-to-Debt too high?
Associated Banc-Corp's current Cash-to-Debt of 0.35 is 59% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.87. The Banks industry median Cash-to-Debt is 1.40. Associated Banc-Corp's value of 0.35 is 74.9% below this industry median. Based on the distribution chart, Associated Banc-Corp ranks #1226 out of 1492 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Associated Banc-Corp has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Banc-Corp's Cash-to-Debt compare to FLG and ABCB?
According to the Banks industry distribution chart, Associated Banc-Corp ranks #1226 out of 1492 companies for Cash-to-Debt. This places Associated Banc-Corp in the lower half of its industry. The industry median Cash-to-Debt is 1.40. Associated Banc-Corp's value of 0.35 is 74.9% below this benchmark. Historically, Associated Banc-Corp's own Cash-to-Debt has ranged from 0.08 to 0.87 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.40, Associated Banc-Corp has consistently been below 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 Banks company?
The median Cash-to-Debt among Banks companies is 1.40, based on 1,492 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. Associated Banc-Corp's current Cash-to-Debt of 0.35 is 74.9% below 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 Banks industry, the median Cash-to-Debt is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Banc-Corp's current Cash-to-Debt is 0.35, which is 59% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Banc-Corp stock overvalued right now?
Based on GuruFocus' analysis, Associated Banc-Corp (ASB) is currently considered Fairly Valued. The stock's GF Value™ is $29.77, compared to a current price of $30.81 — trading 3.5% above its estimated fair value. The current Cash-to-Debt is 0.35, which is 59% above median its 10-year median of 0.22 and 74.9% below the Banks industry median of 1.40. Associated Banc-Corp's overall GF Score™ is 68/100 with 6 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 Associated Banc-Corp (ASB), the current Cash-to-Debt is 0.35 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 Associated Banc-Corp (ASB) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Banc-Corp stock appears to be overvalued.
The current stock price of $30.81 is trading 3.5% above its estimated GF Value™ of $29.77.
GuruFocus considers Associated Banc-Corp to be Fairly Valued.
Key valuation signals for ASB:
Cash-to-Debt: 0.35 (59% above median its 10-year median of 0.22)
GF Value™: $29.77 vs. price of $30.81 (3.5% above fair value)
Industry Position: 74.9% below the Banks median (#1226 of 1492)
No single metric tells the full story. See the ASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Banc-Corp is a bank holding company based in the United States of America. The company, through its subsidiaries, provides a broad array of banking and non-banking products and services to individuals and businesses. The group operates in three reportable segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty segment, which serves a wide range of customers, including larger businesses, developers, not-for-profits, municipalities, and financial institutions by providing lending and deposit solutions as well as support to deliver, fund, and manage such banking solutions.
68GF Score
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