Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
COG Financial ServicesASX:COG -1.75%29 Cash-to-Debt is 0.49 as of Dec. 2025, which is 20% above its 10-year median of 0.41. GuruFocus rates ASX:COG with a GF Score™ of 29/100 and a GF Value™ of A$0.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, COG Financial Services ranks worse than 77.24% 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. COG Financial Services's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.49.
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, COG Financial Servicescouldn'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 COG Financial Services's Cash-to-Debt or its related term are showing as below:
ASX:COG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.41 Max: No Debt
Current: 0.49
During the past 13 years, COG Financial Services's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 0.41.
ASX:COG's Cash-to-Debt is ranked worse than 77.24% of 782
companies
in the Capital Markets industry
Industry Median: 2.335
vs ASX:COG: 0.49
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.
COG Financial Services Cash-to-Debt Related Terms
COG Financial Services 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.
For the Capital Markets subindustry, COG Financial Services'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.
COG Financial Services Cash-to-Debt vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, COG Financial Services's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where COG Financial Services'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.
COG Financial Services (ASX:COG) has a Cash-to-Debt of 0.49 as of Dec. 2025. This is 20% above median its historical median of 0.41. Over the past decade, COG Financial Services' Cash-to-Debt has ranged from 0.17 to 10,000.00. According to the industry distribution chart, COG Financial Services ranks #604 out of 782 companies in the Capital Markets industry, placing it in the top 77.2%.
Is COG Financial Services' Cash-to-Debt too high?
COG Financial Services' current Cash-to-Debt of 0.49 is 20% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 10,000.00. The Capital Markets industry median Cash-to-Debt is 2.34. COG Financial Services' value of 0.49 is 79% below this industry median. Based on the distribution chart, COG Financial Services ranks #604 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, COG Financial Services has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COG Financial Services' Cash-to-Debt compare to MS and GS?
According to the Capital Markets industry distribution chart, COG Financial Services ranks #604 out of 782 companies for Cash-to-Debt. This places COG Financial Services in the lower half of its industry. The industry median Cash-to-Debt is 2.34. COG Financial Services' value of 0.49 is 79% below this benchmark. Historically, COG Financial Services' own Cash-to-Debt has ranged from 0.17 to 10,000.00 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.34, COG Financial Services 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 Capital Markets company?
The median Cash-to-Debt among Capital Markets companies is 2.34, based on 782 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. COG Financial Services's current Cash-to-Debt of 0.49 is 79% 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 Capital Markets industry, the median Cash-to-Debt is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COG Financial Services's current Cash-to-Debt is 0.49, which is 20% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, COG Financial Services (ASX:COG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.76, compared to a current price of A$1.41 — trading 84.9% above its estimated fair value. The current Cash-to-Debt is 0.49, which is 20% above median its 10-year median of 0.41 and 79% below the Capital Markets industry median of 2.34. COG Financial Services' overall GF Score™ is 29/100 with 4 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 COG Financial Services (ASX:COG), the current Cash-to-Debt is 0.49 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 COG Financial Services (ASX:COG) Overvalued in 2026?
Based on GuruFocus' analysis, COG Financial Services stock appears to be overvalued.
The current stock price of A$1.41 is trading 84.9% above its estimated GF Value™ of A$0.76.
GuruFocus considers COG Financial Services to be Significantly Overvalued.
Key valuation signals for ASX:COG:
Cash-to-Debt: 0.49 (20% above median its 10-year median of 0.41)
GF Value™: A$0.76 vs. price of A$1.41 (84.9% above fair value)
Industry Position: 79% below the Capital Markets median (#604 of 782)
No single metric tells the full story. See the ASX:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share by investing in complementary entities and growing existing businesses that specialise in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on products finance and asset types; Novated Leasing; Asset Management and Lending activities, and others.
29GF Score
Get the complete analysis for ASX:COG
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:COG has been successfully added to your 
