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Sparc TechnologiesASX:SPN +2.94%23 Cash-to-Debt is 1.42 as of Jun. 2026, which is 97% below its 10-year median of 46.39. GuruFocus rates ASX:SPN with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 1,590 Chemicals companies, Sparc Technologies ranks better than 74.59% 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. Sparc Technologies's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.42.
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, Sparc Technologiescould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Sparc Technologies's Cash-to-Debt or its related term are showing as below:
ASX:SPN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 4.16 Med: 46.39 Max: No Debt
Current: 4.16
During the past 13 years, Sparc Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 4.16. And the median was 46.39.
ASX:SPN's Cash-to-Debt is ranked better than 74.59% of 1590
companies
in the Chemicals industry
Industry Median: 0.67
vs ASX:SPN: 4.16
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.
Sparc Technologies Cash-to-Debt Related Terms
Sparc Technologies Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Sparc Technologies'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 Specialty Chemicals subindustry, Sparc Technologies'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.
Sparc Technologies Cash-to-Debt vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sparc Technologies's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Sparc Technologies'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.
Sparc Technologies (ASX:SPN) has a Cash-to-Debt of 1.42 as of Jun. 2026. This is 97% below median its historical median of 46.39. Over the past decade, Sparc Technologies' Cash-to-Debt has ranged from 4.16 to 10,000.00. According to the industry distribution chart, Sparc Technologies ranks #404 out of 1590 companies in the Chemicals industry, placing it in the top 25.4%.
Is Sparc Technologies' Cash-to-Debt too high?
Sparc Technologies' current Cash-to-Debt of 1.42 is 97% below median its 10-year median of 46.39. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 10,000.00. The Chemicals industry median Cash-to-Debt is 0.67. Sparc Technologies' value of 1.42 is 111.9% above this industry median. Based on the distribution chart, Sparc Technologies ranks #404 out of 1590 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sparc Technologies has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Sparc Technologies' Cash-to-Debt compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sparc Technologies ranks #404 out of 1590 companies for Cash-to-Debt. This puts Sparc Technologies in the upper half of its industry. The industry median Cash-to-Debt is 0.67. Sparc Technologies' value of 1.42 is 111.9% above this benchmark. Historically, Sparc Technologies' own Cash-to-Debt has ranged from 4.16 to 10,000.00 over the past decade. While the company's 10-year median is 46.39 vs. the industry median of 0.67, Sparc Technologies 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 Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.67, based on 1,590 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. Sparc Technologies's current Cash-to-Debt of 1.42 is 111.9% 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 Chemicals industry, the median Cash-to-Debt is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparc Technologies's current Cash-to-Debt is 1.42, which is 97% below median its own 10-year median of 46.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparc Technologies stock overvalued right now?
Sparc Technologies (ASX:SPN) has a current Cash-to-Debt of 1.42. The current Cash-to-Debt is 1.42, which is 97% below median its 10-year median of 46.39 and 111.9% above the Chemicals industry median of 0.67. Sparc Technologies' overall GF Score™ is 23/100 with 5 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 Sparc Technologies (ASX:SPN), the current Cash-to-Debt is 1.42 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.
Sparc Technologies Ltd is focused on the development of technology solutions using the properties of graphene technology and product areas, namely graphene additive materials in coatings and composites, photocatalytic green hydrogen technology, and sustainable hard carbon anodes for use in sodium-ion batteries.
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