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Flagship InvestmentsASX:FSI -7.14%21 Cash-to-Debt is 0.10 as of Jun. 2026, which is 100% below its 10-year median of 5,000.35. GuruFocus rates ASX:FSI with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,437 Asset Management companies, Flagship Investments ranks worse than 82.32% 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. Flagship Investments's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.10.
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, Flagship Investmentscouldn'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 Flagship Investments's Cash-to-Debt or its related term are showing as below:
ASX:FSI'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 5000.35 Max: No Debt
Current: 0.1
During the past 13 years, Flagship Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 5000.35.
ASX:FSI's Cash-to-Debt is ranked worse than 82.32% of 1437
companies
in the Asset Management industry
Industry Median: 5.63
vs ASX:FSI: 0.10
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.
Flagship Investments Cash-to-Debt Related Terms
Flagship Investments Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Flagship Investments'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 Asset Management subindustry, Flagship Investments'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.
Flagship Investments Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Flagship Investments's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Flagship Investments'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.
Flagship Investments (ASX:FSI) has a Cash-to-Debt of 0.10 as of Jun. 2026. This is 100% below median its historical median of 5,000.35. Over the past decade, Flagship Investments' Cash-to-Debt has ranged from 0.09 to 10,000.00. According to the industry distribution chart, Flagship Investments ranks #1183 out of 1437 companies in the Asset Management industry, placing it in the top 82.3%.
Is Flagship Investments' Cash-to-Debt too high?
Flagship Investments' current Cash-to-Debt of 0.10 is 100% below median its 10-year median of 5,000.35. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 5.63. Flagship Investments' value of 0.10 is 98.2% below this industry median. Based on the distribution chart, Flagship Investments ranks #1183 out of 1437 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Flagship Investments has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Flagship Investments' Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Flagship Investments ranks #1183 out of 1437 companies for Cash-to-Debt. This places Flagship Investments in the lower half of its industry. The industry median Cash-to-Debt is 5.63. Flagship Investments' value of 0.10 is 98.2% below this benchmark. Historically, Flagship Investments' own Cash-to-Debt has ranged from 0.09 to 10,000.00 over the past decade. While the company's 10-year median is 5,000.35 vs. the industry median of 5.63, Flagship Investments 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 an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.63, based on 1,437 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. Flagship Investments's current Cash-to-Debt of 0.10 is 98.2% 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 Asset Management industry, the median Cash-to-Debt is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flagship Investments's current Cash-to-Debt is 0.10, which is 100% below median its own 10-year median of 5,000.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flagship Investments stock overvalued right now?
Flagship Investments (ASX:FSI) has a current Cash-to-Debt of 0.10. The current Cash-to-Debt is 0.10, which is 100% below median its 10-year median of 5,000.35 and 98.2% below the Asset Management industry median of 5.63. Flagship Investments' overall GF Score™ is 21/100 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 Flagship Investments (ASX:FSI), the current Cash-to-Debt is 0.10 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.
Flagship Investments Ltd is an investment company that provides its investors access to the portfolio of Australian growth companies. The company's investment objective is to achieve medium to long-term capital growth and income by investing in a diversified portfolio of Australian companies; to preserve and enhance the NTA backing per share after allowing for inflation; and to provide shareholders with a fully franked dividend, which will grow at a rate over the rate of inflation.
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