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.
Evolution ABCHIX:EVOS +4.92%98 Cash-to-Debt is 12.67 as of Jun. 2026, which is 90% above its 10-year median of 6.66. GuruFocus rates CHIX:EVOS with a GF Score™ of 98/100 and a GF Value™ of kr882.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 834 Travel & Leisure companies, Evolution AB ranks better than 82.73% 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. Evolution AB's cash to debt ratio for the quarter that ended in Jun. 2026 was 12.67.
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, Evolution ABcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Evolution AB's Cash-to-Debt or its related term are showing as below:
CHIX:EVOs'
s Cash-to-Debt Range Over the Past 10 Years
Min: 2.03 Med: 6.66 Max: 12.93
Current: 12.67
During the past 13 years, Evolution AB's highest Cash to Debt Ratio was 12.93. The lowest was 2.03. And the median was 6.66.
CHIX:EVOs's Cash-to-Debt is ranked better than 82.73% of 834
companies
in the Travel & Leisure industry
Industry Median: 0.59
vs CHIX:EVOs: 12.67
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.
Evolution AB Cash-to-Debt Related Terms
Evolution AB Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Evolution AB'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.
CHIX:EVOS vs FLUT, DKNG, SGHC: Cash-to-Debt Comparison
For the Gambling subindustry, Evolution AB'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.
Evolution AB Cash-to-Debt vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Evolution AB'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.
Evolution AB (CHIX:EVOS) has a Cash-to-Debt of 12.67 as of Jun. 2026. This is 90% above median its historical median of 6.66. Over the past decade, Evolution AB's Cash-to-Debt has ranged from 2.03 to 12.93. According to the industry distribution chart, Evolution AB ranks #144 out of 834 companies in the Travel & Leisure industry, placing it in the top 17.3%.
Is Evolution AB's Cash-to-Debt too high?
Evolution AB's current Cash-to-Debt of 12.67 is 90% above median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 12.93. The Travel & Leisure industry median Cash-to-Debt is 0.59. Evolution AB's value of 12.67 is 2047.5% above this industry median. Based on the distribution chart, Evolution AB ranks #144 out of 834 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution AB has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Cash-to-Debt compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #144 out of 834 companies for Cash-to-Debt. This places Evolution AB in the top 17% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.59. Evolution AB's value of 12.67 is 2047.5% above this benchmark. Historically, Evolution AB's own Cash-to-Debt has ranged from 2.03 to 12.93 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 0.59, Evolution AB 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 Travel & Leisure company?
The median Cash-to-Debt among Travel & Leisure companies is 0.59, based on 834 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. Evolution AB's current Cash-to-Debt of 12.67 is 2047.5% 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 Travel & Leisure industry, the median Cash-to-Debt is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Cash-to-Debt is 12.67, which is 90% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Fairly Valued. The stock's GF Value™ is kr882.50, compared to a current price of kr825.30 — trading 6.5% below its estimated fair value. The current Cash-to-Debt is 12.67, which is 90% above median its 10-year median of 6.66 and 2047.5% above the Travel & Leisure industry median of 0.59. Evolution AB's overall GF Score™ is 98/100 with 4 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 Evolution AB (CHIX:EVOS), the current Cash-to-Debt is 12.67 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of kr825.30 is trading 6.5% below its estimated GF Value™ of kr882.50.
GuruFocus considers Evolution AB to be Fairly Valued.
Key valuation signals for CHIX:EVOS:
Cash-to-Debt: 12.67 (90% above median its 10-year median of 6.66)
GF Value™: kr882.50 vs. price of kr825.30 (6.5% below fair value)
Industry Position: 2047.5% above the Travel & Leisure median (#144 of 834)
No single metric tells the full story. See the CHIX:EVOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
98GF Score
Get the complete analysis for CHIX:EVOS
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
CHIX:EVOS has been successfully added to your 
