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FleetwoodASX:FWD -0.43%57 Cash-to-Debt is 1.07 as of Dec. 2025, which is 42% below its 10-year median of 1.84. GuruFocus rates ASX:FWD with a GF Score™ of 57/100 and a GF Value™ of A$2.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,774 Construction companies, Fleetwood ranks better than 58.4% 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. Fleetwood's cash to debt ratio for the quarter that ended in Dec. 2025 was 1.07.
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, Fleetwoodcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Fleetwood's Cash-to-Debt or its related term are showing as below:
ASX:FWD'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 1.84 Max: 1868.61
Current: 1.07
During the past 13 years, Fleetwood's highest Cash to Debt Ratio was 1868.61. The lowest was 0.41. And the median was 1.84.
ASX:FWD's Cash-to-Debt is ranked better than 58.4% of 1774
companies
in the Construction industry
Industry Median: 0.72
vs ASX:FWD: 1.07
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.
Fleetwood Cash-to-Debt Related Terms
Fleetwood Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Fleetwood'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 Engineering & Construction subindustry, Fleetwood'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.
Fleetwood Cash-to-Debt vs Construction Industry
For the Construction industry and Industrials sector, Fleetwood's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Fleetwood'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.
Fleetwood (ASX:FWD) has a Cash-to-Debt of 1.07 as of Dec. 2025. This is 42% below median its historical median of 1.84. Over the past decade, Fleetwood's Cash-to-Debt has ranged from 0.41 to 1,868.61. According to the industry distribution chart, Fleetwood ranks #738 out of 1774 companies in the Construction industry, placing it in the top 41.6%.
Is Fleetwood's Cash-to-Debt too high?
Fleetwood's current Cash-to-Debt of 1.07 is 42% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1,868.61. The Construction industry median Cash-to-Debt is 0.72. Fleetwood's value of 1.07 is 48.6% above this industry median. Based on the distribution chart, Fleetwood ranks #738 out of 1774 companies in the Construction industry, which is above the industry midpoint. Overall, Fleetwood has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fleetwood's Cash-to-Debt compare to PWR and FIX?
According to the Construction industry distribution chart, Fleetwood ranks #738 out of 1774 companies for Cash-to-Debt. This puts Fleetwood in the upper half of its industry. The industry median Cash-to-Debt is 0.72. Fleetwood's value of 1.07 is 48.6% above this benchmark. Historically, Fleetwood's own Cash-to-Debt has ranged from 0.41 to 1,868.61 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 0.72, Fleetwood 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 Construction company?
The median Cash-to-Debt among Construction companies is 0.72, based on 1,774 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. Fleetwood's current Cash-to-Debt of 1.07 is 48.6% 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 Construction industry, the median Cash-to-Debt is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fleetwood's current Cash-to-Debt is 1.07, which is 42% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleetwood stock overvalued right now?
Based on GuruFocus' analysis, Fleetwood (ASX:FWD) is currently considered Fairly Valued. The stock's GF Value™ is A$2.16, compared to a current price of A$2.34 — trading 8.3% above its estimated fair value. The current Cash-to-Debt is 1.07, which is 42% below median its 10-year median of 1.84 and 48.6% above the Construction industry median of 0.72. Fleetwood's overall GF Score™ is 57/100 with 3 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 Fleetwood (ASX:FWD), the current Cash-to-Debt is 1.07 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 Fleetwood (ASX:FWD) Overvalued in 2026?
Based on GuruFocus' analysis, Fleetwood stock appears to be overvalued.
The current stock price of A$2.34 is trading 8.3% above its estimated GF Value™ of A$2.16.
GuruFocus considers Fleetwood to be Fairly Valued.
Key valuation signals for ASX:FWD:
Cash-to-Debt: 1.07 (42% below median its 10-year median of 1.84)
GF Value™: A$2.16 vs. price of A$2.34 (8.3% above fair value)
Industry Position: 48.6% above the Construction median (#738 of 1774)
No single metric tells the full story. See the ASX:FWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominantly for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions, Building Solutions, and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.
57GF Score
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