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.
MA Financial GroupASX:MAF +4.48%68 Cash-to-Debt is 0.05 as of Jun. 2026, which is 90% below its 10-year median of 0.51. GuruFocus rates ASX:MAF with a GF Score™ of 68/100 and a GF Value™ of A$8.08 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,418 Asset Management companies, MA Financial Group ranks worse than 88.72% 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. MA Financial Group's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.05.
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, MA Financial Groupcouldn'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 MA Financial Group's Cash-to-Debt or its related term are showing as below:
ASX:MAF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.51 Max: No Debt
Current: 0.05
During the past 9 years, MA Financial Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.51.
ASX:MAF's Cash-to-Debt is ranked worse than 88.72% of 1418
companies
in the Asset Management industry
Industry Median: 5.65
vs ASX:MAF: 0.05
MA Financial Group (ASX:MAF) 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.
MA Financial Group Cash-to-Debt Related Terms
MA Financial Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for MA Financial Group'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, MA Financial Group'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.
MA Financial Group Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MA Financial Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where MA Financial Group'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.
MA Financial Group (ASX:MAF) has a Cash-to-Debt of 0.05 as of Jun. 2026. This is 90% below median its historical median of 0.51. Over the past decade, MA Financial Group's Cash-to-Debt has ranged from 0.04 to 10,000.00. According to the industry distribution chart, MA Financial Group ranks #1258 out of 1418 companies in the Asset Management industry, placing it in the top 88.7%.
Is MA Financial Group's Cash-to-Debt too high?
MA Financial Group's current Cash-to-Debt of 0.05 is 90% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 5.65. MA Financial Group's value of 0.05 is 99.1% below this industry median. Based on the distribution chart, MA Financial Group ranks #1258 out of 1418 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MA Financial Group has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MA Financial Group's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, MA Financial Group ranks #1258 out of 1418 companies for Cash-to-Debt. This places MA Financial Group in the lower half of its industry. The industry median Cash-to-Debt is 5.65. MA Financial Group's value of 0.05 is 99.1% below this benchmark. Historically, MA Financial Group's own Cash-to-Debt has ranged from 0.04 to 10,000.00 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 5.65, MA Financial Group 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 5.65, based on 1,418 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. MA Financial Group's current Cash-to-Debt of 0.05 is 99.1% 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 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MA Financial Group's current Cash-to-Debt is 0.05, which is 90% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MA Financial Group stock overvalued right now?
Based on GuruFocus' analysis, MA Financial Group (ASX:MAF) is currently considered Possible Value Trap. The stock's GF Value™ is A$8.08, compared to a current price of A$5.36 — trading 33.7% below its estimated fair value. The current Cash-to-Debt is 0.05, which is 90% below median its 10-year median of 0.51 and 99.1% below the Asset Management industry median of 5.65. MA Financial Group's overall GF Score™ is 68/100 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 MA Financial Group (ASX:MAF), the current Cash-to-Debt is 0.05 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 MA Financial Group (ASX:MAF) Overvalued in 2026?
Based on GuruFocus' analysis, MA Financial Group stock appears to be undervalued.
The current stock price of A$5.36 is trading 33.7% below its estimated GF Value™ of A$8.08.
GuruFocus considers MA Financial Group to be Possible Value Trap.
Key valuation signals for ASX:MAF:
Cash-to-Debt: 0.05 (90% below median its 10-year median of 0.51)
GF Value™: A$8.08 vs. price of A$5.36 (33.7% below fair value)
Industry Position: 99.1% below the Asset Management median (#1258 of 1418)
No single metric tells the full story. See the ASX:MAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.
68GF Score
Get the complete analysis for ASX:MAF
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:MAF has been successfully added to your 
