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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. Australian Foundation Investment Co'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, Australian Foundation Investment Cocould 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.
ASX:AFI'
s Cash-to-Debt Range Over the Past 10 Years
Min: 14.46 Med: 5495.92 Max: No Debt
Current: No Debt
During the past 13 years, Australian Foundation Investment Co's highest Cash to Debt Ratio was No Debt. The lowest was 14.46. And the median was 5495.92.
ASX:AFI's Cash-to-Debt is ranked better than 99.65% of 1418
companies
in the Asset Management industry
Industry Median: 5.65
vs ASX:AFI: No Debt
Australian Foundation Investment Co (ASX:AFI) Cash-to-Debt Explanation
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.
Australian Foundation Investment Co Cash-to-Debt Related Terms
Australian Foundation Investment Co Cash-to-Debt Historical Data
* 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.
Australian Foundation Investment Co Cash-to-Debt Chart
For the Asset Management subindustry, Australian Foundation Investment Co'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.
Australian Foundation Investment Co Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Australian Foundation Investment Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Australian Foundation Investment Co's Cash-to-Debt falls into.
Australian Foundation Investment Co 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?
Australian Foundation Investment Co (ASX:AFI) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 5,495.92. Over the past decade, Australian Foundation Investment Co's Cash-to-Debt has ranged from 14.46 to 10,000.00. According to the industry distribution chart, Australian Foundation Investment Co ranks #5 out of 1418 companies in the Asset Management industry, placing it in the top 0.40000000000001%.
Is Australian Foundation Investment Co's Cash-to-Debt too high?
Australian Foundation Investment Co's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 5,495.92. Over the past 10 years, this metric has ranged from a low of 14.46 to a high of 10,000.00. Based on the distribution chart, Australian Foundation Investment Co ranks #5 out of 1418 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Australian Foundation Investment Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Australian Foundation Investment Co's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Australian Foundation Investment Co ranks #5 out of 1418 companies for Cash-to-Debt. This places Australian Foundation Investment Co in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 5.65. Historically, Australian Foundation Investment Co's own Cash-to-Debt has ranged from 14.46 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 an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.65, based on 1,418 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 Asset Management industry, the median Cash-to-Debt is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Foundation Investment Co's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 5,495.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Foundation Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Australian Foundation Investment Co (ASX:AFI) is currently considered Fairly Valued. The stock's GF Value™ is A$7.20, compared to a current price of A$6.86 — trading 4.7% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 5,495.92. Australian Foundation Investment Co's overall GF Score™ is 63/100 with 2 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 Australian Foundation Investment Co (ASX:AFI), 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.
Is Australian Foundation Investment Co (ASX:AFI) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Foundation Investment Co stock appears to be undervalued.
The current stock price of A$6.86 is trading 4.7% below its estimated GF Value™ of A$7.20.
GuruFocus considers Australian Foundation Investment Co to be Fairly Valued.
Key valuation signals for ASX:AFI:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 5,495.92)
GF Value™: A$7.20 vs. price of A$6.86 (4.7% below fair value)
No single metric tells the full story. See the ASX:AFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Foundation Investment Co Ltd is an asset management company which invests in Australian and New Zealand equities. It aims to provide shareholders with attractive investment returns through access to a growing stream of fully franked dividends and enhancement of capital invested. Its investment goals are to pay dividends, which, over time, grow faster than the rate of inflation, and to provide attractive total returns over the medium to long term.
63GF Score
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