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Note ABCHIX:NOTES 90 Cash-to-Debt is 0.08 as of Jun. 2026, which is 79% below its 10-year median of 0.39. GuruFocus rates CHIX:NOTES with a GF Score™ of 90/100 and a GF Value™ of kr175.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,484 Hardware companies, Note AB ranks worse than 95.49% 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. Note AB's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.08.
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, Note ABcouldn'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 Note AB's Cash-to-Debt or its related term are showing as below:
CHIX:NOTEs'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.39 Max: 1.14
Current: 0.08
During the past 13 years, Note AB's highest Cash to Debt Ratio was 1.14. The lowest was 0.08. And the median was 0.39.
CHIX:NOTEs's Cash-to-Debt is ranked worse than 95.49% of 2484
companies
in the Hardware industry
Industry Median: 1.35
vs CHIX:NOTEs: 0.08
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.
Note AB Cash-to-Debt Related Terms
Note AB Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Note 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:NOTES vs APH, GLW, TEL: Cash-to-Debt Comparison
For the Electronic Components subindustry, Note 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.
Note AB Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Note AB's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Note 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.
Note AB (CHIX:NOTES) has a Cash-to-Debt of 0.08 as of Jun. 2026. This is 79% below median its historical median of 0.39. Over the past decade, Note AB's Cash-to-Debt has ranged from 0.08 to 1.14. According to the industry distribution chart, Note AB ranks #2372 out of 2484 companies in the Hardware industry, placing it in the top 95.5%.
Is Note AB's Cash-to-Debt too high?
Note AB's current Cash-to-Debt of 0.08 is 79% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.14. The Hardware industry median Cash-to-Debt is 1.35. Note AB's value of 0.08 is 94.1% below this industry median. Based on the distribution chart, Note AB ranks #2372 out of 2484 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Note AB has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Note AB's Cash-to-Debt compare to APH and GLW?
According to the Hardware industry distribution chart, Note AB ranks #2372 out of 2484 companies for Cash-to-Debt. This places Note AB in the lower half of its industry. The industry median Cash-to-Debt is 1.35. Note AB's value of 0.08 is 94.1% below this benchmark. Historically, Note AB's own Cash-to-Debt has ranged from 0.08 to 1.14 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.35, Note AB 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.35, based on 2,484 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. Note AB's current Cash-to-Debt of 0.08 is 94.1% 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 Hardware industry, the median Cash-to-Debt is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note AB's current Cash-to-Debt is 0.08, which is 79% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note AB stock overvalued right now?
Based on GuruFocus' analysis, Note AB (CHIX:NOTES) is currently considered Modestly Undervalued. The stock's GF Value™ is kr175.61, compared to a current price of kr145.10 — trading 17.4% below its estimated fair value. The current Cash-to-Debt is 0.08, which is 79% below median its 10-year median of 0.39 and 94.1% below the Hardware industry median of 1.35. Note AB's overall GF Score™ is 90/100 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 Note AB (CHIX:NOTES), the current Cash-to-Debt is 0.08 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 Note AB (CHIX:NOTES) Overvalued in 2026?
Based on GuruFocus' analysis, Note AB stock appears to be undervalued.
The current stock price of kr145.10 is trading 17.4% below its estimated GF Value™ of kr175.61.
GuruFocus considers Note AB to be Modestly Undervalued.
Key valuation signals for CHIX:NOTES:
Cash-to-Debt: 0.08 (79% below median its 10-year median of 0.39)
GF Value™: kr175.61 vs. price of kr145.10 (17.4% below fair value)
Industry Position: 94.1% below the Hardware median (#2372 of 2484)
No single metric tells the full story. See the CHIX:NOTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
90GF Score
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