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ParkwayASX:PWN Cash-to-Debt is 0.26 as of Dec. 2025, which is 100% below its 10-year median of 5,007.53. The stock has 3 warning signs investors should review. Among 3,042 Industrial Products companies, Parkway ranks worse than 80.24% 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. Parkway's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.26.
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, Parkwaycouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Parkway's Cash-to-Debt or its related term are showing as below:
ASX:PWN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 5007.53 Max: No Debt
Current: 0.26
During the past 13 years, Parkway's highest Cash to Debt Ratio was No Debt. The lowest was 0.26. And the median was 5007.53.
ASX:PWN's Cash-to-Debt is ranked worse than 80.24% of 3042
companies
in the Industrial Products industry
Industry Median: 1.175
vs ASX:PWN: 0.26
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.
Parkway Cash-to-Debt Related Terms
Parkway Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Parkway'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:PWN vs VLTO, ZWS, CECO: Cash-to-Debt Comparison
For the Pollution & Treatment Controls subindustry, Parkway'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.
Parkway Cash-to-Debt vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parkway's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Parkway'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.
Parkway (ASX:PWN) has a Cash-to-Debt of 0.26 as of Dec. 2025. This is 100% below median its historical median of 5,007.53. Over the past decade, Parkway's Cash-to-Debt has ranged from 0.26 to 10,000.00. According to the industry distribution chart, Parkway ranks #2441 out of 3042 companies in the Industrial Products industry, placing it in the top 80.2%.
Is Parkway's Cash-to-Debt too high?
Parkway's current Cash-to-Debt of 0.26 is 100% below median its 10-year median of 5,007.53. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 10,000.00. The Industrial Products industry median Cash-to-Debt is 1.18. Parkway's value of 0.26 is 77.9% below this industry median. Based on the distribution chart, Parkway ranks #2441 out of 3042 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Parkway's Cash-to-Debt compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Parkway ranks #2441 out of 3042 companies for Cash-to-Debt. This places Parkway in the lower half of its industry. The industry median Cash-to-Debt is 1.18. Parkway's value of 0.26 is 77.9% below this benchmark. Historically, Parkway's own Cash-to-Debt has ranged from 0.26 to 10,000.00 over the past decade. While the company's 10-year median is 5,007.53 vs. the industry median of 1.18, Parkway 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 Industrial Products company?
The median Cash-to-Debt among Industrial Products companies is 1.18, based on 3,042 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. Parkway's current Cash-to-Debt of 0.26 is 77.9% 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 Industrial Products industry, the median Cash-to-Debt is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parkway's current Cash-to-Debt is 0.26, which is 100% below median its own 10-year median of 5,007.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkway stock overvalued right now?
Based on GuruFocus' analysis, Parkway (ASX:PWN) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.02, compared to a current price of A$0.01 — trading 45% below its estimated fair value. The current Cash-to-Debt is 0.26, which is 100% below median its 10-year median of 5,007.53 and 77.9% below the Industrial Products industry median of 1.18. 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 Parkway (ASX:PWN), the current Cash-to-Debt is 0.26 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.
Parkway Corp Ltd is engaged in providing water treatment-related products and services. The company is comprised of three key business units, Parkway Process Solutions, Parkway Process Technologies and Parkway Ventures. Its products include pump range; filters; tank range; pipe, host and fittings, and others.
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