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.
Tourism HoldingsASX:THL +1.74%75 Cash-to-Debt is 0.07 as of Jun. 2026, which is 13% below its 10-year median of 0.08. GuruFocus rates ASX:THL with a GF Score™ of 75/100 and a GF Value™ of A$1.71 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,320 Vehicles & Parts companies, Tourism Holdings ranks worse than 89.77% 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. Tourism Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.07.
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, Tourism Holdingscouldn'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 Tourism Holdings's Cash-to-Debt or its related term are showing as below:
ASX:THL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.24
Current: 0.07
During the past 13 years, Tourism Holdings's highest Cash to Debt Ratio was 0.24. The lowest was 0.03. And the median was 0.08.
ASX:THL's Cash-to-Debt is ranked worse than 89.77% of 1320
companies
in the Vehicles & Parts industry
Industry Median: 0.6
vs ASX:THL: 0.07
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.
Tourism Holdings Cash-to-Debt Related Terms
Tourism Holdings Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Tourism Holdings'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 Recreational Vehicles subindustry, Tourism Holdings'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.
Tourism Holdings Cash-to-Debt vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Tourism Holdings'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.
Tourism Holdings (ASX:THL) has a Cash-to-Debt of 0.07 as of Jun. 2026. This is 13% below median its historical median of 0.08. Over the past decade, Tourism Holdings' Cash-to-Debt has ranged from 0.03 to 0.24. According to the industry distribution chart, Tourism Holdings ranks #1185 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 89.8%.
Is Tourism Holdings' Cash-to-Debt too high?
Tourism Holdings' current Cash-to-Debt of 0.07 is 13% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.24. The Vehicles & Parts industry median Cash-to-Debt is 0.60. Tourism Holdings' value of 0.07 is 88.3% below this industry median. Based on the distribution chart, Tourism Holdings ranks #1185 out of 1320 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tourism Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Cash-to-Debt compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #1185 out of 1320 companies for Cash-to-Debt. This places Tourism Holdings in the lower half of its industry. The industry median Cash-to-Debt is 0.60. Tourism Holdings' value of 0.07 is 88.3% below this benchmark. Historically, Tourism Holdings' own Cash-to-Debt has ranged from 0.03 to 0.24 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.60, Tourism Holdings 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 Vehicles & Parts company?
The median Cash-to-Debt among Vehicles & Parts companies is 0.60, based on 1,320 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. Tourism Holdings's current Cash-to-Debt of 0.07 is 88.3% 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 Vehicles & Parts industry, the median Cash-to-Debt is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Cash-to-Debt is 0.07, which is 13% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.71, compared to a current price of A$2.34 — trading 36.8% above its estimated fair value. The current Cash-to-Debt is 0.07, which is 13% below median its 10-year median of 0.08 and 88.3% below the Vehicles & Parts industry median of 0.60. Tourism Holdings' overall GF Score™ is 75/100 with 12 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 Tourism Holdings (ASX:THL), the current Cash-to-Debt is 0.07 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 Tourism Holdings (ASX:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued.
The current stock price of A$2.34 is trading 36.8% above its estimated GF Value™ of A$1.71.
GuruFocus considers Tourism Holdings to be Significantly Overvalued.
Key valuation signals for ASX:THL:
Cash-to-Debt: 0.07 (13% below median its 10-year median of 0.08)
GF Value™: A$1.71 vs. price of A$2.34 (36.8% above fair value)
Industry Position: 88.3% below the Vehicles & Parts median (#1185 of 1320)
No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
75GF Score
Get the complete analysis for ASX:THL
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:THL has been successfully added to your 
