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.
QinetiQ GroupCHIX:QQL -0.42%77 Cash-to-Debt is 0.61 as of Mar. 2026, which is 92% below its 10-year median of 7.72. GuruFocus rates CHIX:QQL with a GF Score™ of 77/100 and a GF Value™ of £4.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 356 Aerospace & Defense companies, QinetiQ Group ranks worse than 57.02% 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. QinetiQ Group's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.61.
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, QinetiQ Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for QinetiQ Group's Cash-to-Debt or its related term are showing as below:
CHIX:QQl'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 7.72 Max: No Debt
Current: 0.61
During the past 13 years, QinetiQ Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.41. And the median was 7.72.
CHIX:QQl's Cash-to-Debt is ranked worse than 57.02% of 356
companies
in the Aerospace & Defense industry
Industry Median: 0.94
vs CHIX:QQl: 0.61
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.
QinetiQ Group Cash-to-Debt Related Terms
QinetiQ Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for QinetiQ Group'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:QQL vs SPCX, GE, RTX: Cash-to-Debt Comparison
For the Aerospace & Defense subindustry, QinetiQ Group'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.
QinetiQ Group Cash-to-Debt vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where QinetiQ Group'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.
QinetiQ Group (CHIX:QQL) has a Cash-to-Debt of 0.61 as of Mar. 2026. This is 92% below median its historical median of 7.72. Over the past decade, QinetiQ Group's Cash-to-Debt has ranged from 0.41 to 10,000.00. According to the industry distribution chart, QinetiQ Group ranks #203 out of 356 companies in the Aerospace & Defense industry, placing it in the top 57%.
Is QinetiQ Group's Cash-to-Debt too high?
QinetiQ Group's current Cash-to-Debt of 0.61 is 92% below median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 10,000.00. The Aerospace & Defense industry median Cash-to-Debt is 0.94. QinetiQ Group's value of 0.61 is 35.1% below this industry median. Based on the distribution chart, QinetiQ Group ranks #203 out of 356 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, QinetiQ Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's Cash-to-Debt compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, QinetiQ Group ranks #203 out of 356 companies for Cash-to-Debt. This places QinetiQ Group in the lower half of its industry. The industry median Cash-to-Debt is 0.94. QinetiQ Group's value of 0.61 is 35.1% below this benchmark. Historically, QinetiQ Group's own Cash-to-Debt has ranged from 0.41 to 10,000.00 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 0.94, QinetiQ Group 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 Aerospace & Defense company?
The median Cash-to-Debt among Aerospace & Defense companies is 0.94, based on 356 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. QinetiQ Group's current Cash-to-Debt of 0.61 is 35.1% 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 Aerospace & Defense industry, the median Cash-to-Debt is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QinetiQ Group's current Cash-to-Debt is 0.61, which is 92% below median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (CHIX:QQL) is currently considered Fairly Valued. The stock's GF Value™ is £4.48, compared to a current price of £4.68 — trading 4.4% above its estimated fair value. The current Cash-to-Debt is 0.61, which is 92% below median its 10-year median of 7.72 and 35.1% below the Aerospace & Defense industry median of 0.94. QinetiQ Group's overall GF Score™ is 77/100 with 2 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 QinetiQ Group (CHIX:QQL), the current Cash-to-Debt is 0.61 as of Mar. 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 QinetiQ Group (CHIX:QQL) Overvalued in 2026?
Based on GuruFocus' analysis, QinetiQ Group stock appears to be overvalued.
The current stock price of £4.68 is trading 4.4% above its estimated GF Value™ of £4.48.
GuruFocus considers QinetiQ Group to be Fairly Valued.
Key valuation signals for CHIX:QQL:
Cash-to-Debt: 0.61 (92% below median its 10-year median of 7.72)
GF Value™: £4.48 vs. price of £4.68 (4.4% above fair value)
Industry Position: 35.1% below the Aerospace & Defense median (#203 of 356)
No single metric tells the full story. See the CHIX:QQL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
77GF Score
Get the complete analysis for CHIX:QQL
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:QQL has been successfully added to your 
