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Wave Exponential PCLBKK:WAVE-R Cash-to-Debt is 0.02 as of Jun. 2026, which is 89% below its 10-year median of 0.18. The stock has 5 warning signs investors should review. Among 261 Education companies, Wave Exponential PCL ranks worse than 99.23% 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. Wave Exponential PCL's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.02.
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, Wave Exponential 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 Wave Exponential PCL's Cash-to-Debt or its related term are showing as below:
BKK:WAVE-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 7.63
Current: 0.02
During the past 13 years, Wave Exponential PCL's highest Cash to Debt Ratio was 7.63. The lowest was 0.01. And the median was 0.18.
BKK:WAVE-R's Cash-to-Debt is ranked worse than 99.23% of 261
companies
in the Education industry
Industry Median: 1.31
vs BKK:WAVE-R: 0.02
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.
Wave Exponential PCL Cash-to-Debt Related Terms
Wave Exponential PCL Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Wave Exponential 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:WAVE-R vs EDU, TAL, LAUR: Cash-to-Debt Comparison
For the Education & Training Services subindustry, Wave Exponential 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.
Wave Exponential PCL Cash-to-Debt vs Education Industry
For the Education industry and Consumer Defensive sector, Wave Exponential PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Wave Exponential 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.
Wave Exponential PCL (BKK:WAVE-R) has a Cash-to-Debt of 0.02 as of Jun. 2026. This is 89% below median its historical median of 0.18. Over the past decade, Wave Exponential PCL's Cash-to-Debt has ranged from 0.01 to 7.63. According to the industry distribution chart, Wave Exponential PCL ranks #259 out of 261 companies in the Education industry, placing it in the top 99.2%.
Is Wave Exponential PCL's Cash-to-Debt too high?
Wave Exponential PCL's current Cash-to-Debt of 0.02 is 89% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 7.63. The Education industry median Cash-to-Debt is 1.31. Wave Exponential PCL's value of 0.02 is 98.5% below this industry median. Based on the distribution chart, Wave Exponential PCL ranks #259 out of 261 companies in the Education industry, which is in the bottom quartile relative to peers.
How does Wave Exponential PCL's Cash-to-Debt compare to EDU and TAL?
According to the Education industry distribution chart, Wave Exponential PCL ranks #259 out of 261 companies for Cash-to-Debt. This places Wave Exponential PCL in the lower half of its industry. The industry median Cash-to-Debt is 1.31. Wave Exponential PCL's value of 0.02 is 98.5% below this benchmark. Historically, Wave Exponential PCL's own Cash-to-Debt has ranged from 0.01 to 7.63 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.31, Wave Exponential 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 Education company?
The median Cash-to-Debt among Education companies is 1.31, based on 261 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. Wave Exponential PCL's current Cash-to-Debt of 0.02 is 98.5% 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 Education industry, the median Cash-to-Debt is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Exponential PCL's current Cash-to-Debt is 0.02, which is 89% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Exponential PCL stock overvalued right now?
Wave Exponential PCL (BKK:WAVE-R) has a current Cash-to-Debt of 0.02. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current Cash-to-Debt is 0.02, which is 89% below median its 10-year median of 0.18 and 98.5% below the Education industry median of 1.31. 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 Wave Exponential PCL (BKK:WAVE-R), the current Cash-to-Debt is 0.02 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.
Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.
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