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IPHASX:IPH -6.63%88 Cash-to-Debt is 0.14 as of Jun. 2026, which is 67% below its 10-year median of 0.43. GuruFocus rates ASX:IPH with a GF Score™ of 88/100 and a GF Value™ of A$5.42 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,067 Business Services companies, IPH ranks worse than 80.69% 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. IPH's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.14.
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, IPHcouldn'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 IPH's Cash-to-Debt or its related term are showing as below:
ASX:IPH'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.43 Max: No Debt
Current: 0.14
During the past 12 years, IPH's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 0.43.
ASX:IPH's Cash-to-Debt is ranked worse than 80.69% of 1067
companies
in the Business Services industry
Industry Median: 1.12
vs ASX:IPH: 0.14
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.
IPH Cash-to-Debt Related Terms
IPH Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for IPH'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:IPH vs CTAS, CPRT, GPN: Cash-to-Debt Comparison
For the Specialty Business Services subindustry, IPH'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.
IPH Cash-to-Debt vs Business Services Industry
For the Business Services industry and Industrials sector, IPH's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where IPH'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.
IPH (ASX:IPH) has a Cash-to-Debt of 0.14 as of Jun. 2026. This is 67% below median its historical median of 0.43. Over the past decade, IPH's Cash-to-Debt has ranged from 0.13 to 10,000.00. According to the industry distribution chart, IPH ranks #861 out of 1067 companies in the Business Services industry, placing it in the top 80.7%.
Is IPH's Cash-to-Debt too high?
IPH's current Cash-to-Debt of 0.14 is 67% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 10,000.00. The Business Services industry median Cash-to-Debt is 1.12. IPH's value of 0.14 is 87.5% below this industry median. Based on the distribution chart, IPH ranks #861 out of 1067 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, IPH has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPH's Cash-to-Debt compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IPH ranks #861 out of 1067 companies for Cash-to-Debt. This places IPH in the lower half of its industry. The industry median Cash-to-Debt is 1.12. IPH's value of 0.14 is 87.5% below this benchmark. Historically, IPH's own Cash-to-Debt has ranged from 0.13 to 10,000.00 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.12, IPH 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 Business Services company?
The median Cash-to-Debt among Business Services companies is 1.12, based on 1,067 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. IPH's current Cash-to-Debt of 0.14 is 87.5% 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 Business Services industry, the median Cash-to-Debt is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPH's current Cash-to-Debt is 0.14, which is 67% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPH stock overvalued right now?
Based on GuruFocus' analysis, IPH (ASX:IPH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.42, compared to a current price of A$3.38 — trading 37.6% below its estimated fair value. The current Cash-to-Debt is 0.14, which is 67% below median its 10-year median of 0.43 and 87.5% below the Business Services industry median of 1.12. IPH's overall GF Score™ is 88/100 with 6 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 IPH (ASX:IPH), the current Cash-to-Debt is 0.14 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.
Is IPH (ASX:IPH) Overvalued in 2026?
Based on GuruFocus' analysis, IPH stock appears to be undervalued.
The current stock price of A$3.38 is trading 37.6% below its estimated GF Value™ of A$5.42.
GuruFocus considers IPH to be Significantly Undervalued.
Key valuation signals for ASX:IPH:
Cash-to-Debt: 0.14 (67% below median its 10-year median of 0.43)
GF Value™: A$5.42 vs. price of A$3.38 (37.6% below fair value)
Industry Position: 87.5% below the Business Services median (#861 of 1067)
No single metric tells the full story. See the ASX:IPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base comprises multinationals, public-sector research organizations, and local businesses across industries such as healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.
88GF Score
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