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IgniteASX:IGN -3.90%40 Cash-to-Debt is 990.80 as of Dec. 2025, which is 40341% above its 10-year median of 2.45. GuruFocus rates ASX:IGN with a GF Score™ of 40/100 and a GF Value™ of A$0.38 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,073 Business Services companies, Ignite ranks better than 93.29% 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. Ignite's cash to debt ratio for the quarter that ended in Dec. 2025 was 990.80.
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, Ignitecould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Ignite's Cash-to-Debt or its related term are showing as below:
ASX:IGN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 2.45 Max: No Debt
Current: 990.8
During the past 13 years, Ignite's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 2.45.
ASX:IGN's Cash-to-Debt is ranked better than 93.29% of 1073
companies
in the Business Services industry
Industry Median: 1.2
vs ASX:IGN: 990.80
Ignite (ASX:IGN) 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.
Ignite Cash-to-Debt Related Terms
Ignite Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Ignite'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:IGN vs KFY, RHI, TNET: Cash-to-Debt Comparison
For the Staffing & Employment Services subindustry, Ignite'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.
Ignite Cash-to-Debt vs Business Services Industry
For the Business Services industry and Industrials sector, Ignite's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Ignite'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.
Ignite (ASX:IGN) has a Cash-to-Debt of 990.80 as of Dec. 2025. This is 40341% above median its historical median of 2.45. Over the past decade, Ignite's Cash-to-Debt has ranged from 0.05 to 10,000.00. According to the industry distribution chart, Ignite ranks #72 out of 1073 companies in the Business Services industry, placing it in the top 6.7%.
Is Ignite's Cash-to-Debt too high?
Ignite's current Cash-to-Debt of 990.80 is 40341% above median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 10,000.00. The Business Services industry median Cash-to-Debt is 1.20. Ignite's value of 990.80 is 82466.7% above this industry median. Based on the distribution chart, Ignite ranks #72 out of 1073 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ignite has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ignite's Cash-to-Debt compare to KFY and RHI?
According to the Business Services industry distribution chart, Ignite ranks #72 out of 1073 companies for Cash-to-Debt. This places Ignite in the top 7% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.20. Ignite's value of 990.80 is 82466.7% above this benchmark. Historically, Ignite's own Cash-to-Debt has ranged from 0.05 to 10,000.00 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.20, Ignite 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 Business Services company?
The median Cash-to-Debt among Business Services companies is 1.20, based on 1,073 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. Ignite's current Cash-to-Debt of 990.80 is 82466.7% 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 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. Ignite's current Cash-to-Debt is 990.80, which is 40341% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ignite stock overvalued right now?
Based on GuruFocus' analysis, Ignite (ASX:IGN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.74 — trading 94.7% above its estimated fair value. The current Cash-to-Debt is 990.80, which is 40341% above median its 10-year median of 2.45 and 82466.7% above the Business Services industry median of 1.20. Ignite's overall GF Score™ is 40/100 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 Ignite (ASX:IGN), the current Cash-to-Debt is 990.80 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 Ignite (ASX:IGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ignite stock appears to be overvalued.
The current stock price of A$0.74 is trading 94.7% above its estimated GF Value™ of A$0.38.
GuruFocus considers Ignite to be Significantly Overvalued.
Key valuation signals for ASX:IGN:
Cash-to-Debt: 990.80 (40341% above median its 10-year median of 2.45)
GF Value™: A$0.38 vs. price of A$0.74 (94.7% above fair value)
Industry Position: 82466.7% above the Business Services median (#72 of 1073)
No single metric tells the full story. See the ASX:IGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ignite Ltd is a professional employment services provider, specializing in permanent, contract, and temporary placements across all levels of seniority. The company segments include Specialist Recruitment and Managed Services. Its geographic areas are Australia and New Zealand. The company generates maximum revenue from Specialist Recruitment.
40GF Score
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