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FonixFRA:FOS +3.59%75 Cash-to-Debt is 322.31 as of Dec. 2025, which is 161% above its 10-year median of 123.28. GuruFocus rates FRA:FOS with a GF Score™ of 75/100 and a GF Value™ of €2.90. The stock has 2 warning signs investors should review. Among 2,796 Software companies, Fonix ranks better than 88.45% 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. Fonix's cash to debt ratio for the quarter that ended in Dec. 2025 was 322.31.
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, Fonixcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Fonix's Cash-to-Debt or its related term are showing as below:
FRA:FOS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 35.13 Med: 123.28 Max: 1214.59
Current: 322.2
During the past 8 years, Fonix's highest Cash to Debt Ratio was 1214.59. The lowest was 35.13. And the median was 123.28.
FRA:FOS's Cash-to-Debt is ranked better than 88.45% of 2796
companies
in the Software industry
Industry Median: 2.56
vs FRA:FOS: 322.20
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.
Fonix Cash-to-Debt Related Terms
Fonix Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Fonix'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.
FRA:FOS vs MSFT, ORCL, PLTR: Cash-to-Debt Comparison
For the Software - Infrastructure subindustry, Fonix'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.
Fonix Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, Fonix's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Fonix'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.
Fonix (FRA:FOS) has a Cash-to-Debt of 322.31 as of Dec. 2025. This is 161% above median its historical median of 123.28. Over the past decade, Fonix's Cash-to-Debt has ranged from 35.13 to 1,214.59. According to the industry distribution chart, Fonix ranks #323 out of 2796 companies in the Software industry, placing it in the top 11.6%.
Is Fonix's Cash-to-Debt too high?
Fonix's current Cash-to-Debt of 322.31 is 161% above median its 10-year median of 123.28. Over the past 10 years, this metric has ranged from a low of 35.13 to a high of 1,214.59. The Software industry median Cash-to-Debt is 2.56. Fonix's value of 322.31 is 12490.2% above this industry median. Based on the distribution chart, Fonix ranks #323 out of 2796 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fonix has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Fonix's Cash-to-Debt compare to MSFT and ORCL?
According to the Software industry distribution chart, Fonix ranks #323 out of 2796 companies for Cash-to-Debt. This places Fonix in the top 12% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 2.56. Fonix's value of 322.31 is 12490.2% above this benchmark. Historically, Fonix's own Cash-to-Debt has ranged from 35.13 to 1,214.59 over the past decade. While the company's 10-year median is 123.28 vs. the industry median of 2.56, Fonix 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 Software company?
The median Cash-to-Debt among Software companies is 2.56, based on 2,796 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. Fonix's current Cash-to-Debt of 322.31 is 12490.2% 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 Software industry, the median Cash-to-Debt is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonix's current Cash-to-Debt is 322.31, which is 161% above median its own 10-year median of 123.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonix stock overvalued right now?
Fonix (FRA:FOS) has a current Cash-to-Debt of 322.31. The stock's GF Value™ is €2.90, compared to a current price of €2.02 — trading 30.3% below its estimated fair value. The current Cash-to-Debt is 322.31, which is 161% above median its 10-year median of 123.28 and 12490.2% above the Software industry median of 2.56. Fonix's overall GF Score™ is 75/100 with 2 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 Fonix (FRA:FOS), the current Cash-to-Debt is 322.31 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.
Is Fonix (FRA:FOS) Overvalued in 2026?
Based on GuruFocus' analysis, Fonix stock appears to be undervalued.
The current stock price of €2.02 is trading 30.3% below its estimated GF Value™ of €2.90.
Key valuation signals for FRA:FOS:
Cash-to-Debt: 322.31 (161% above median its 10-year median of 123.28)
GF Value™: €2.90 vs. price of €2.02 (30.3% below fair value)
Industry Position: 12490.2% above the Software median (#323 of 2796)
No single metric tells the full story. See the FRA:FOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fonix PLC is a provider of mobile payments and customer engagement solutions for businesses across media, charity, gaming, e-mobility, and other digital services. This technology enables consumers to pay and interact directly through their mobile devices using simple, familiar channels. It operates under one operating segment, which is the facilitating of mobile payments and messaging. It derives the majority of its revenue through commission or facilitation fees by providing Mobile Payments services. Geographically, it derives maximum revenue from the United Kingdom and the rest from other parts of Europe.
75GF Score
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