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.
Five BelowFIVE +2.05%95 Cash-to-Debt is 0.56 as of Apr. 2026, which is 87% above its 10-year median of 0.30. GuruFocus rates FIVE with a GF Score™ of 95/100 and a GF Value™ of $204.46 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,116 Retail - Cyclical companies, Five Below ranks better than 54.12% 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. Five Below's cash to debt ratio for the quarter that ended in Apr. 2026 was 0.56.
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, Five Belowcouldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
The historical rank and industry rank for Five Below's Cash-to-Debt or its related term are showing as below:
FIVE'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.3 Max: No Debt
Current: 0.56
During the past 13 years, Five Below's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 0.30.
FIVE's Cash-to-Debt is ranked better than 54.12% of 1116
companies
in the Retail - Cyclical industry
Industry Median: 0.47
vs FIVE: 0.56
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.
Five Below Cash-to-Debt Related Terms
Five Below Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Five Below'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 Specialty Retail subindustry, Five Below'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.
Five Below Cash-to-Debt vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Five Below'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.
Five Below (FIVE) has a Cash-to-Debt of 0.56 as of Apr. 2026. This is 87% above median its historical median of 0.30. Over the past decade, Five Below's Cash-to-Debt has ranged from 0.08 to 10,000.00. According to the industry distribution chart, Five Below ranks #512 out of 1116 companies in the Retail - Cyclical industry, placing it in the top 45.9%.
Is Five Below's Cash-to-Debt too high?
Five Below's current Cash-to-Debt of 0.56 is 87% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 10,000.00. The Retail - Cyclical industry median Cash-to-Debt is 0.47. Five Below's value of 0.56 is 19.1% above this industry median. Based on the distribution chart, Five Below ranks #512 out of 1116 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Five Below has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Five Below's Cash-to-Debt compare to DKS and BBY?
According to the Retail - Cyclical industry distribution chart, Five Below ranks #512 out of 1116 companies for Cash-to-Debt. This puts Five Below in the upper half of its industry. The industry median Cash-to-Debt is 0.47. Five Below's value of 0.56 is 19.1% above this benchmark. Historically, Five Below's own Cash-to-Debt has ranged from 0.08 to 10,000.00 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.47, Five Below 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 0.47, based on 1,116 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. Five Below's current Cash-to-Debt of 0.56 is 19.1% 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 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Five Below's current Cash-to-Debt is 0.56, which is 87% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Below stock overvalued right now?
Based on GuruFocus' analysis, Five Below (FIVE) is currently considered Modestly Overvalued. The stock's GF Value™ is $204.46, compared to a current price of $246.84 — trading 20.7% above its estimated fair value. The current Cash-to-Debt is 0.56, which is 87% above median its 10-year median of 0.30 and 19.1% above the Retail - Cyclical industry median of 0.47. Five Below's overall GF Score™ is 95/100 with 4 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 Five Below (FIVE), the current Cash-to-Debt is 0.56 as of Apr. 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 Five Below (FIVE) Overvalued in 2026?
Based on GuruFocus' analysis, Five Below stock appears to be overvalued.
The current stock price of $246.84 is trading 20.7% above its estimated GF Value™ of $204.46.
GuruFocus considers Five Below to be Modestly Overvalued.
Key valuation signals for FIVE:
Cash-to-Debt: 0.56 (87% above median its 10-year median of 0.30)
GF Value™: $204.46 vs. price of $246.84 (20.7% above fair value)
Industry Position: 19.1% above the Retail - Cyclical median (#512 of 1116)
No single metric tells the full story. See the FIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Five Below Inc is a specialty value retailer offering a broad range of trend-right, high-quality products loved by the kid and the kid in all of customers. The Company's edited assortment of products includes select brands and licensed merchandise. The Company also sells its merchandise on the internet, through the Company's e-commerce website and mobile app, offering home delivery and the option to buy online and pick up in store. Additionally, the Company sells merchandise through on-demand third-party delivery services to enable its customers to shop online and receive convenient delivery. It derives revenue from sales of the Company's merchandise to customers.
95GF Score
Get the complete analysis for FIVE
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
FIVE has been successfully added to your 
