Western Digital (CHIX:WDCD) Cash-to-Debt: 1.50 (As of Jun. 2026) — 317% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

CHIX:WDCD Western Digital Corp CHIX:WDCD
50 GF Score
Price €401.50
GF Value €90.78
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Western Digital Cash-to-Debt?

Western Digital CHIX:WDCD 50 Cash-to-Debt is 1.50 as of Jun. 2026, which is 317% above its 10-year median of 0.36. GuruFocus rates CHIX:WDCD with a GF Score™ of 50/100 and a GF Value™ of €90.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,484 Hardware companies, Western Digital ranks better than 52.21% 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. Western Digital's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.50.

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, Western Digital could pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for Western Digital's Cash-to-Debt or its related term are showing as below:

CHIX:WDCd' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 1.5
Current: 1.5

During the past 13 years, Western Digital's highest Cash to Debt Ratio was 1.50. The lowest was 0.21. And the median was 0.36.

CHIX:WDCd's Cash-to-Debt is ranked better than
52.21% of 2484 companies
in the Hardware industry
Industry Median: 1.34 vs CHIX:WDCd: 1.50

Western Digital  (CHIX:WDCd) Cash-to-Debt Explanation

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.


Western Digital Cash-to-Debt Related Terms


Western Digital Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Western Digital'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.

Western Digital Cash-to-Debt Chart

Western Digital Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.29 0.21 0.52 1.50

Western Digital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.64 0.87 2.05 1.50

CHIX:WDCD vs STX, SNDK, ANET: Cash-to-Debt Comparison

For the Computer Hardware subindustry, Western Digital'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.


Western Digital Cash-to-Debt vs Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Western Digital's Cash-to-Debt falls into.


CHIX:WDCD
50GF Score
Western Digital Corp CHIX:WDCD
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Digital Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Western Digital's Cash to Debt Ratio for the fiscal year that ended in Jun. 2026 is calculated as:

Western Digital's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 1.50 mean?
Western Digital (CHIX:WDCD) has a Cash-to-Debt of 1.50 as of Jun. 2026. This is 317% above median its historical median of 0.36. Over the past decade, Western Digital's Cash-to-Debt has ranged from 0.21 to 1.50. According to the industry distribution chart, Western Digital ranks #1187 out of 2484 companies in the Hardware industry, placing it in the top 47.8%.
Is Western Digital's Cash-to-Debt too high?
Western Digital's current Cash-to-Debt of 1.50 is 317% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.50. The Hardware industry median Cash-to-Debt is 1.34. Western Digital's value of 1.50 is 11.9% above this industry median. Based on the distribution chart, Western Digital ranks #1187 out of 2484 companies in the Hardware industry, which is above the industry midpoint. Overall, Western Digital has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's Cash-to-Debt compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #1187 out of 2484 companies for Cash-to-Debt. This puts Western Digital in the upper half of its industry. The industry median Cash-to-Debt is 1.34. Western Digital's value of 1.50 is 11.9% above this benchmark. Historically, Western Digital's own Cash-to-Debt has ranged from 0.21 to 1.50 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.34, Western Digital 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.34, 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. Western Digital's current Cash-to-Debt of 1.50 is 11.9% 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 Hardware industry, the median Cash-to-Debt is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current Cash-to-Debt is 1.50, which is 317% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Based on GuruFocus' analysis, Western Digital (CHIX:WDCD) is currently considered Significantly Overvalued. The stock's GF Value™ is €90.78, compared to a current price of €401.50 — trading 342.3% above its estimated fair value. The current Cash-to-Debt is 1.50, which is 317% above median its 10-year median of 0.36 and 11.9% above the Hardware industry median of 1.34. Western Digital's overall GF Score™ is 50/100 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 Western Digital (CHIX:WDCD), the current Cash-to-Debt is 1.50 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 Western Digital (CHIX:WDCD) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of €401.50 is trading 342.3% above its estimated GF Value™ of €90.78. GuruFocus considers Western Digital to be Significantly Overvalued.

Key valuation signals for CHIX:WDCD:

  • Cash-to-Debt: 1.50 (317% above median its 10-year median of 0.36)
  • GF Value™: €90.78 vs. price of €401.50 (342.3% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 11.9% above the Hardware median (#1187 of 2484)

No single metric tells the full story. See the CHIX:WDCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Digital Business Description

Address 5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
50GF Score

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Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€401.50
Price
€90.78
GF Value