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Ashley Services GroupASX:ASH 53 Cash-to-Debt is 0.02 as of Dec. 2025, which is 96% below its 10-year median of 0.48. GuruFocus rates ASX:ASH with a GF Score™ of 53/100 and a GF Value™ of A$0.24 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,072 Business Services companies, Ashley Services Group ranks worse than 95.52% 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. Ashley Services Group's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.02.
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, Ashley Services Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Ashley Services Group's Cash-to-Debt or its related term are showing as below:
ASX:ASH'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.48 Max: No Debt
Current: 0.02
During the past 11 years, Ashley Services Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.48.
ASX:ASH's Cash-to-Debt is ranked worse than 95.52% of 1072
companies
in the Business Services industry
Industry Median: 1.2
vs ASX:ASH: 0.02
Ashley Services Group (ASX:ASH) 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.
Ashley Services Group Cash-to-Debt Related Terms
Ashley Services Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Ashley Services Group'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.
ASX:ASH vs KFY, RHI, TNET: Cash-to-Debt Comparison
For the Staffing & Employment Services subindustry, Ashley Services Group'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.
Ashley Services Group Cash-to-Debt vs Business Services Industry
For the Business Services industry and Industrials sector, Ashley Services Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Ashley Services Group'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.
Ashley Services Group (ASX:ASH) has a Cash-to-Debt of 0.02 as of Dec. 2025. This is 96% below median its historical median of 0.48. Over the past decade, Ashley Services Group's Cash-to-Debt has ranged from 0.01 to 10,000.00. According to the industry distribution chart, Ashley Services Group ranks #1024 out of 1072 companies in the Business Services industry, placing it in the top 95.5%.
Is Ashley Services Group's Cash-to-Debt too high?
Ashley Services Group's current Cash-to-Debt of 0.02 is 96% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 10,000.00. The Business Services industry median Cash-to-Debt is 1.20. Ashley Services Group's value of 0.02 is 98.3% below this industry median. Based on the distribution chart, Ashley Services Group ranks #1024 out of 1072 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Ashley Services Group has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashley Services Group's Cash-to-Debt compare to KFY and RHI?
According to the Business Services industry distribution chart, Ashley Services Group ranks #1024 out of 1072 companies for Cash-to-Debt. This places Ashley Services Group in the lower half of its industry. The industry median Cash-to-Debt is 1.20. Ashley Services Group's value of 0.02 is 98.3% below this benchmark. Historically, Ashley Services Group's own Cash-to-Debt has ranged from 0.01 to 10,000.00 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.20, Ashley Services Group 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 Business Services company?
The median Cash-to-Debt among Business Services companies is 1.20, based on 1,072 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. Ashley Services Group's current Cash-to-Debt of 0.02 is 98.3% 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 Business Services industry, the median Cash-to-Debt is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashley Services Group's current Cash-to-Debt is 0.02, which is 96% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashley Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ashley Services Group (ASX:ASH) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.24, compared to a current price of A$0.27 — trading 12.5% above its estimated fair value. The current Cash-to-Debt is 0.02, which is 96% below median its 10-year median of 0.48 and 98.3% below the Business Services industry median of 1.20. Ashley Services Group's overall GF Score™ is 53/100 with 8 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 Ashley Services Group (ASX:ASH), the current Cash-to-Debt is 0.02 as of Dec. 2025. 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 Ashley Services Group (ASX:ASH) Overvalued in 2026?
Based on GuruFocus' analysis, Ashley Services Group stock appears to be overvalued.
The current stock price of A$0.27 is trading 12.5% above its estimated GF Value™ of A$0.24.
GuruFocus considers Ashley Services Group to be Modestly Overvalued.
Key valuation signals for ASX:ASH:
Cash-to-Debt: 0.02 (96% below median its 10-year median of 0.48)
GF Value™: A$0.24 vs. price of A$0.27 (12.5% above fair value)
Industry Position: 98.3% below the Business Services median (#1024 of 1072)
No single metric tells the full story. See the ASX:ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashley Services Group Ltd is engaged in staffing services. It is an integrated Labour Hire, Recruitment, and Training organization that has been delivering workforce management and business improvement programs. The group operates in two operating segments, namely Labour hire and Training. The group derives maximum revenue from providing Labour hire services. The organization operates in Australia.
53GF Score
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