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.
Founder GroupFGL -10.34%17 Cash-to-Debt is 0.63 as of Dec. 2025, which is at its 10-year median of 0.63. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,756 Construction companies, Founder Group ranks worse than 52.51% 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. Founder Group's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.63.
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, Founder Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Founder Group's Cash-to-Debt or its related term are showing as below:
FGL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.63 Max: 5.37
Current: 0.63
During the past 5 years, Founder Group's highest Cash to Debt Ratio was 5.37. The lowest was 0.23. And the median was 0.63.
FGL's Cash-to-Debt is ranked worse than 52.51% of 1756
companies
in the Construction industry
Industry Median: 0.73
vs FGL: 0.63
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.
Founder Group Cash-to-Debt Related Terms
Founder Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Founder 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.
For the Engineering & Construction subindustry, Founder 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.
Founder Group Cash-to-Debt vs Construction Industry
For the Construction industry and Industrials sector, Founder Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Founder 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.
Founder Group (FGL) has a Cash-to-Debt of 0.63 as of Dec. 2025. This is near median its historical median of 0.63. Over the past decade, Founder Group's Cash-to-Debt has ranged from 0.23 to 5.37. According to the industry distribution chart, Founder Group ranks #922 out of 1756 companies in the Construction industry, placing it in the top 52.5%.
Is Founder Group's Cash-to-Debt too high?
Founder Group's current Cash-to-Debt of 0.63 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 5.37. The Construction industry median Cash-to-Debt is 0.73. Founder Group's value of 0.63 is 13.7% below this industry median. Based on the distribution chart, Founder Group ranks #922 out of 1756 companies in the Construction industry, which is below the industry midpoint. Overall, Founder Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Founder Group's Cash-to-Debt compare to GRHI and MDLK?
According to the Construction industry distribution chart, Founder Group ranks #922 out of 1756 companies for Cash-to-Debt. This places Founder Group in the lower half of its industry. The industry median Cash-to-Debt is 0.73. Founder Group's value of 0.63 is 13.7% below this benchmark. Historically, Founder Group's own Cash-to-Debt has ranged from 0.23 to 5.37 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.73, Founder 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 a Construction company?
The median Cash-to-Debt among Construction companies is 0.73, based on 1,756 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. Founder Group's current Cash-to-Debt of 0.63 is 13.7% 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 Construction industry, the median Cash-to-Debt is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Group's current Cash-to-Debt is 0.63, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Group stock overvalued right now?
Founder Group (FGL) has a current Cash-to-Debt of 0.63. The current Cash-to-Debt is 0.63, which is near median its 10-year median of 0.63 and 13.7% below the Construction industry median of 0.73. Founder Group's overall GF Score™ is 17/100 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 Founder Group (FGL), the current Cash-to-Debt is 0.63 as of Dec. 2025. 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.
Founder Group Ltd is a solar solutions provider in Malaysia, offering end-to-end services for commercial and industrial sectors, as well as large-scale solar power projects, encompassing project design, engineering, and comprehensive project management. Its focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects are utility scale solar PV power plants with installed generating capacity of 1 MWac or more. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses, and commercial stores. Its revenue is derived from Malaysia.
17GF Score
Get the complete analysis for FGL
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
FGL has been successfully added to your 
