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FNS Holdings PCLBKK:FNS-R 21 Cash-to-Debt is 0.03 as of Jun. 2026, which is 88% below its 10-year median of 0.25. GuruFocus rates BKK:FNS-R with a GF Score™ of 21/100 and a GF Value™ of ฿2.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,420 Asset Management companies, FNS Holdings PCL ranks worse than 91.41% 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. FNS Holdings PCL's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.03.
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, FNS Holdings PCLcouldn'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 FNS Holdings PCL's Cash-to-Debt or its related term are showing as below:
BKK:FNS-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.25 Max: 0.83
Current: 0.03
During the past 13 years, FNS Holdings PCL's highest Cash to Debt Ratio was 0.83. The lowest was 0.01. And the median was 0.25.
BKK:FNS-R's Cash-to-Debt is ranked worse than 91.41% of 1420
companies
in the Asset Management industry
Industry Median: 5.765
vs BKK:FNS-R: 0.03
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.
FNS Holdings PCL Cash-to-Debt Related Terms
FNS Holdings PCL Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for FNS Holdings PCL'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.
BKK:FNS-R vs BLK, BX, KKR: Cash-to-Debt Comparison
For the Asset Management subindustry, FNS Holdings PCL'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.
FNS Holdings PCL Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FNS Holdings PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where FNS Holdings PCL'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.
FNS Holdings PCL (BKK:FNS-R) has a Cash-to-Debt of 0.03 as of Jun. 2026. This is 88% below median its historical median of 0.25. Over the past decade, FNS Holdings PCL's Cash-to-Debt has ranged from 0.01 to 0.83. According to the industry distribution chart, FNS Holdings PCL ranks #1298 out of 1420 companies in the Asset Management industry, placing it in the top 91.4%.
Is FNS Holdings PCL's Cash-to-Debt too high?
FNS Holdings PCL's current Cash-to-Debt of 0.03 is 88% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.83. The Asset Management industry median Cash-to-Debt is 5.77. FNS Holdings PCL's value of 0.03 is 99.5% below this industry median. Based on the distribution chart, FNS Holdings PCL ranks #1298 out of 1420 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FNS Holdings PCL has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FNS Holdings PCL's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, FNS Holdings PCL ranks #1298 out of 1420 companies for Cash-to-Debt. This places FNS Holdings PCL in the lower half of its industry. The industry median Cash-to-Debt is 5.77. FNS Holdings PCL's value of 0.03 is 99.5% below this benchmark. Historically, FNS Holdings PCL's own Cash-to-Debt has ranged from 0.01 to 0.83 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 5.77, FNS Holdings PCL 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 5.77, based on 1,420 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. FNS Holdings PCL's current Cash-to-Debt of 0.03 is 99.5% 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 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FNS Holdings PCL's current Cash-to-Debt is 0.03, which is 88% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FNS Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, FNS Holdings PCL (BKK:FNS-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.23, compared to a current price of ฿0.62 — trading 72.2% below its estimated fair value. The current Cash-to-Debt is 0.03, which is 88% below median its 10-year median of 0.25 and 99.5% below the Asset Management industry median of 5.77. FNS Holdings PCL's overall GF Score™ is 21/100 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 FNS Holdings PCL (BKK:FNS-R), the current Cash-to-Debt is 0.03 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 FNS Holdings PCL (BKK:FNS-R) Overvalued in 2026?
Based on GuruFocus' analysis, FNS Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.62 is trading 72.2% below its estimated GF Value™ of ฿2.23.
GuruFocus considers FNS Holdings PCL to be Possible Value Trap.
Key valuation signals for BKK:FNS-R:
Cash-to-Debt: 0.03 (88% below median its 10-year median of 0.25)
GF Value™: ฿2.23 vs. price of ฿0.62 (72.2% below fair value)
Industry Position: 99.5% below the Asset Management median (#1298 of 1420)
No single metric tells the full story. See the BKK:FNS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FNS Holdings PCL is a Thailand-based company engaged in investing in and providing finance and management advisory services to its affiliated and related parties, property development for sale including land, land and house, construction for the Group's projects, building and parking rental, and health and wellness center. The company operates through business segments which are Investment, advisory and management business (Real estate, Rental warehouse, factory and others, Property management) and Health and wellness center. The majority of revenue is from the Health and wellness center segment. Geographically, the company operates only in Thailand.
21GF Score
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