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What is China Tourism Group Duty Free Cash-to-Debt?
China Tourism Group Duty FreeCTGDF 61 Cash-to-Debt is 2.67 as of Jun. 2026, which is 60% below its 10-year median of 6.73. GuruFocus rates CTGDF with a GF Score™ of 61/100 and a GF Value™ of $7.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,117 Retail - Cyclical companies, China Tourism Group Duty Free ranks better than 79.23% 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. China Tourism Group Duty Free's cash to debt ratio for the quarter that ended in Jun. 2026 was 2.67.
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, China Tourism Group Duty Freecould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for China Tourism Group Duty Free's Cash-to-Debt or its related term are showing as below:
CTGDF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 2.66 Med: 6.73 Max: 322.86
Current: 2.67
During the past 13 years, China Tourism Group Duty Free's highest Cash to Debt Ratio was 322.86. The lowest was 2.66. And the median was 6.73.
CTGDF's Cash-to-Debt is ranked better than 79.23% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.46
vs CTGDF: 2.67
China Tourism Group Duty Free (OTCPK:CTGDF) 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.
China Tourism Group Duty Free Cash-to-Debt Related Terms
China Tourism Group Duty Free Cash-to-Debt Historical Data
* 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.
For the Specialty Retail subindustry, China Tourism Group Duty Free'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.
China Tourism Group Duty Free Cash-to-Debt vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free'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.
China Tourism Group Duty Free (CTGDF) has a Cash-to-Debt of 2.67 as of Jun. 2026. This is 60% below median its historical median of 6.73. Over the past decade, China Tourism Group Duty Free's Cash-to-Debt has ranged from 2.66 to 322.86. According to the industry distribution chart, China Tourism Group Duty Free ranks #232 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 20.8%.
Is China Tourism Group Duty Free's Cash-to-Debt too high?
China Tourism Group Duty Free's current Cash-to-Debt of 2.67 is 60% below median its 10-year median of 6.73. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 322.86. The Retail - Cyclical industry median Cash-to-Debt is 0.46. China Tourism Group Duty Free's value of 2.67 is 480.4% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #232 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, China Tourism Group Duty Free has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Cash-to-Debt compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #232 out of 1117 companies for Cash-to-Debt. This places China Tourism Group Duty Free in the top 21% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.46. China Tourism Group Duty Free's value of 2.67 is 480.4% above this benchmark. Historically, China Tourism Group Duty Free's own Cash-to-Debt has ranged from 2.66 to 322.86 over the past decade. While the company's 10-year median is 6.73 vs. the industry median of 0.46, China Tourism Group Duty Free 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 Retail - Cyclical company?
The median Cash-to-Debt among Retail - Cyclical companies is 0.46, based on 1,117 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. China Tourism Group Duty Free's current Cash-to-Debt of 2.67 is 480.4% 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 Retail - Cyclical industry, the median Cash-to-Debt is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Cash-to-Debt is 2.67, which is 60% below median its own 10-year median of 6.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
Based on GuruFocus' analysis, China Tourism Group Duty Free (CTGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.61, compared to a current price of $6.25 — trading 17.9% below its estimated fair value. The current Cash-to-Debt is 2.67, which is 60% below median its 10-year median of 6.73 and 480.4% above the Retail - Cyclical industry median of 0.46. China Tourism Group Duty Free's overall GF Score™ is 61/100 with 3 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 China Tourism Group Duty Free (CTGDF), the current Cash-to-Debt is 2.67 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 China Tourism Group Duty Free (CTGDF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued.
The current stock price of $6.25 is trading 17.9% below its estimated GF Value™ of $7.61.
GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.
Key valuation signals for CTGDF:
Cash-to-Debt: 2.67 (60% below median its 10-year median of 6.73)
GF Value™: $7.61 vs. price of $6.25 (17.9% below fair value)
Industry Position: 480.4% above the Retail - Cyclical median (#232 of 1117)
No single metric tells the full story. See the CTGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
61GF Score
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