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CarmaASX:CMA -0.62%2 Cash-to-Debt is 1.48 as of Jun. 2026, which is 58% below its 10-year median of 3.55. GuruFocus rates ASX:CMA with a GF Score™ of 2/100. The stock has 2 warning signs investors should review. Among 1,312 Vehicles & Parts companies, Carma ranks better than 67% 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. Carma's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.48.
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, Carmacould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Carma's Cash-to-Debt or its related term are showing as below:
ASX:CMA'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.48 Med: 3.55 Max: 5.63
Current: 1.48
During the past 4 years, Carma's highest Cash to Debt Ratio was 5.63. The lowest was 1.48. And the median was 3.55.
ASX:CMA's Cash-to-Debt is ranked better than 67% of 1312
companies
in the Vehicles & Parts industry
Industry Median: 0.6
vs ASX:CMA: 1.48
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.
Carma Cash-to-Debt Related Terms
Carma Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Carma'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.
Carma Cash-to-Debt Chart
Carma Annual Data
Trend
Jun23
Jun24
Jun25
Jun26
Cash-to-Debt
N/A
N/A
5.63
1.48
Carma Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Jun26
Cash-to-Debt
N/A
N/A
5.63
2.69
1.48
ASX:CMA vs CVNA, PAG, ALTB: Cash-to-Debt Comparison
For the Auto & Truck Dealerships subindustry, Carma'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.
Carma Cash-to-Debt vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carma's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Carma'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.
Carma (ASX:CMA) has a Cash-to-Debt of 1.48 as of Jun. 2026. This is 58% below median its historical median of 3.55. Over the past decade, Carma's Cash-to-Debt has ranged from 1.48 to 5.63. According to the industry distribution chart, Carma ranks #433 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 33%.
Is Carma's Cash-to-Debt too high?
Carma's current Cash-to-Debt of 1.48 is 58% below median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 5.63. The Vehicles & Parts industry median Cash-to-Debt is 0.60. Carma's value of 1.48 is 146.7% above this industry median. Based on the distribution chart, Carma ranks #433 out of 1312 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Carma has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Carma's Cash-to-Debt compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Carma ranks #433 out of 1312 companies for Cash-to-Debt. This puts Carma in the upper half of its industry. The industry median Cash-to-Debt is 0.60. Carma's value of 1.48 is 146.7% above this benchmark. Historically, Carma's own Cash-to-Debt has ranged from 1.48 to 5.63 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 0.60, Carma 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 Vehicles & Parts company?
The median Cash-to-Debt among Vehicles & Parts companies is 0.60, based on 1,312 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. Carma's current Cash-to-Debt of 1.48 is 146.7% 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 Vehicles & Parts industry, the median Cash-to-Debt is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current Cash-to-Debt is 1.48, which is 58% below median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current Cash-to-Debt of 1.48. The current Cash-to-Debt is 1.48, which is 58% below median its 10-year median of 3.55 and 146.7% above the Vehicles & Parts industry median of 0.60. Carma's overall GF Score™ is 2/100 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 Carma (ASX:CMA), the current Cash-to-Debt is 1.48 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.
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
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