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MetcashASX:MTS 74 Cash-to-Debt is 0.04 as of Apr. 2026, which is 60% below its 10-year median of 0.10. GuruFocus rates ASX:MTS with a GF Score™ of 74/100 and a GF Value™ of A$3.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 307 Retail - Defensive companies, Metcash ranks worse than 91.86% 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. Metcash's cash to debt ratio for the quarter that ended in Apr. 2026 was 0.04.
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, Metcashcouldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
The historical rank and industry rank for Metcash's Cash-to-Debt or its related term are showing as below:
ASX:MTS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 1.25
Current: 0.04
During the past 13 years, Metcash's highest Cash to Debt Ratio was 1.25. The lowest was 0.04. And the median was 0.10.
ASX:MTS's Cash-to-Debt is ranked worse than 91.86% of 307
companies
in the Retail - Defensive industry
Industry Median: 0.43
vs ASX:MTS: 0.04
Metcash (ASX:MTS) 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.
Metcash Cash-to-Debt Related Terms
Metcash Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Metcash'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:MTS vs SYY, USFD, PFGC: Cash-to-Debt Comparison
For the Food Distribution subindustry, Metcash'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.
Metcash Cash-to-Debt vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Metcash's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Metcash'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.
Metcash (ASX:MTS) has a Cash-to-Debt of 0.04 as of Apr. 2026. This is 60% below median its historical median of 0.10. Over the past decade, Metcash's Cash-to-Debt has ranged from 0.04 to 1.25. According to the industry distribution chart, Metcash ranks #282 out of 307 companies in the Retail - Defensive industry, placing it in the top 91.9%.
Is Metcash's Cash-to-Debt too high?
Metcash's current Cash-to-Debt of 0.04 is 60% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.25. The Retail - Defensive industry median Cash-to-Debt is 0.43. Metcash's value of 0.04 is 90.7% below this industry median. Based on the distribution chart, Metcash ranks #282 out of 307 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Metcash has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metcash's Cash-to-Debt compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Metcash ranks #282 out of 307 companies for Cash-to-Debt. This places Metcash in the lower half of its industry. The industry median Cash-to-Debt is 0.43. Metcash's value of 0.04 is 90.7% below this benchmark. Historically, Metcash's own Cash-to-Debt has ranged from 0.04 to 1.25 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.43, Metcash 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 Retail - Defensive company?
The median Cash-to-Debt among Retail - Defensive companies is 0.43, based on 307 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. Metcash's current Cash-to-Debt of 0.04 is 90.7% 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 Retail - Defensive industry, the median Cash-to-Debt is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metcash's current Cash-to-Debt is 0.04, which is 60% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metcash stock overvalued right now?
Based on GuruFocus' analysis, Metcash (ASX:MTS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.56, compared to a current price of A$2.97 — trading 16.6% below its estimated fair value. The current Cash-to-Debt is 0.04, which is 60% below median its 10-year median of 0.10 and 90.7% below the Retail - Defensive industry median of 0.43. Metcash's overall GF Score™ is 74/100 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 Metcash (ASX:MTS), the current Cash-to-Debt is 0.04 as of Apr. 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 Metcash (ASX:MTS) Overvalued in 2026?
Based on GuruFocus' analysis, Metcash stock appears to be undervalued.
The current stock price of A$2.97 is trading 16.6% below its estimated GF Value™ of A$3.56.
GuruFocus considers Metcash to be Modestly Undervalued.
Key valuation signals for ASX:MTS:
Cash-to-Debt: 0.04 (60% below median its 10-year median of 0.10)
GF Value™: A$3.56 vs. price of A$2.97 (16.6% below fair value)
Industry Position: 90.7% below the Retail - Defensive median (#282 of 307)
No single metric tells the full story. See the ASX:MTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metcash is a wholesaler, and to a lesser extent a retailer, specializing in food, liquor, and hardware. Centralized wholesale distribution enables independent retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and venues like pubs.
74GF Score
Get the complete analysis for ASX:MTS
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