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Daiwa Securities GroupDSECF -0.97%63 Cash-to-Debt is 2.91 as of Jun. 2026, which is 200% above its 10-year median of 0.97. GuruFocus rates DSECF with a GF Score™ of 63/100 and a GF Value™ of $8.45. The stock has 6 warning signs investors should review. Among 795 Capital Markets companies, Daiwa Securities Group ranks worse than 65.66% 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. Daiwa Securities Group's cash to debt ratio for the quarter that ended in Jun. 2026 was 2.91.
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, Daiwa Securities Groupcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Daiwa Securities Group's Cash-to-Debt or its related term are showing as below:
DSECF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 0.97 Max: 1.16
Current: 0.92
During the past 13 years, Daiwa Securities Group's highest Cash to Debt Ratio was 1.16. The lowest was 0.76. And the median was 0.97.
DSECF's Cash-to-Debt is ranked worse than 65.66% of 795
companies
in the Capital Markets industry
Industry Median: 2.07
vs DSECF: 0.92
Daiwa Securities Group (OTCPK:DSECF) 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.
Daiwa Securities Group Cash-to-Debt Related Terms
Daiwa Securities Group 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 Capital Markets subindustry, Daiwa Securities 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.
Daiwa Securities Group Cash-to-Debt vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Daiwa Securities 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.
Daiwa Securities Group (DSECF) has a Cash-to-Debt of 2.91 as of Jun. 2026. This is 200% above median its historical median of 0.97. Over the past decade, Daiwa Securities Group's Cash-to-Debt has ranged from 0.76 to 1.16. According to the industry distribution chart, Daiwa Securities Group ranks #522 out of 795 companies in the Capital Markets industry, placing it in the top 65.7%.
Is Daiwa Securities Group's Cash-to-Debt too high?
Daiwa Securities Group's current Cash-to-Debt of 2.91 is 200% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.16. The Capital Markets industry median Cash-to-Debt is 2.07. Daiwa Securities Group's value of 2.91 is 40.6% above this industry median. Based on the distribution chart, Daiwa Securities Group ranks #522 out of 795 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Daiwa Securities Group has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Cash-to-Debt compare to MS and GS?
According to the Capital Markets industry distribution chart, Daiwa Securities Group ranks #522 out of 795 companies for Cash-to-Debt. This places Daiwa Securities Group in the lower half of its industry. The industry median Cash-to-Debt is 2.07. Daiwa Securities Group's value of 2.91 is 40.6% above this benchmark. Historically, Daiwa Securities Group's own Cash-to-Debt has ranged from 0.76 to 1.16 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.07, Daiwa Securities Group 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 Capital Markets company?
The median Cash-to-Debt among Capital Markets companies is 2.07, based on 795 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. Daiwa Securities Group's current Cash-to-Debt of 2.91 is 40.6% 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 Capital Markets industry, the median Cash-to-Debt is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Group's current Cash-to-Debt is 2.91, which is 200% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Daiwa Securities Group (DSECF) has a current Cash-to-Debt of 2.91. The stock's GF Value™ is $8.45, compared to a current price of $9.69 — trading 14.6% above its estimated fair value. The current Cash-to-Debt is 2.91, which is 200% above median its 10-year median of 0.97 and 40.6% above the Capital Markets industry median of 2.07. Daiwa Securities Group's overall GF Score™ is 63/100 with 6 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 Daiwa Securities Group (DSECF), the current Cash-to-Debt is 2.91 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 14.6% above its estimated GF Value™ of $8.45.
Key valuation signals for DSECF:
Cash-to-Debt: 2.91 (200% above median its 10-year median of 0.97)
GF Value™: $8.45 vs. price of $9.69 (14.6% above fair value)
Industry Position: 40.6% above the Capital Markets median (#522 of 795)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
63GF Score
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