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Panasonic HoldingsFRA:MAT1 +2.09%63 Cash-to-Debt is 0.60 as of Mar. 2026, which is 26% below its 10-year median of 0.81. GuruFocus rates FRA:MAT1 with a GF Score™ of 63/100 and a GF Value™ of €7.79 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 2,447 Hardware companies, Panasonic Holdings ranks worse than 68.33% 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. Panasonic Holdings's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.60.
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, Panasonic Holdingscouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Panasonic Holdings's Cash-to-Debt or its related term are showing as below:
FRA:MAT1'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.6 Med: 0.81 Max: 1.26
Current: 0.6
During the past 13 years, Panasonic Holdings's highest Cash to Debt Ratio was 1.26. The lowest was 0.60. And the median was 0.81.
FRA:MAT1's Cash-to-Debt is ranked worse than 68.33% of 2447
companies
in the Hardware industry
Industry Median: 1.39
vs FRA:MAT1: 0.60
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.
Panasonic Holdings Cash-to-Debt Related Terms
Panasonic Holdings Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Panasonic Holdings'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 Consumer Electronics subindustry, Panasonic Holdings'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.
Panasonic Holdings Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Panasonic Holdings'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.
Panasonic Holdings (FRA:MAT1) has a Cash-to-Debt of 0.60 as of Mar. 2026. This is 26% below median its historical median of 0.81. Over the past decade, Panasonic Holdings' Cash-to-Debt has ranged from 0.60 to 1.26. According to the industry distribution chart, Panasonic Holdings ranks #1672 out of 2447 companies in the Hardware industry, placing it in the top 68.3%.
Is Panasonic Holdings' Cash-to-Debt too high?
Panasonic Holdings' current Cash-to-Debt of 0.60 is 26% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.26. The Hardware industry median Cash-to-Debt is 1.39. Panasonic Holdings' value of 0.60 is 56.8% below this industry median. Based on the distribution chart, Panasonic Holdings ranks #1672 out of 2447 companies in the Hardware industry, which is below the industry midpoint. Overall, Panasonic Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Holdings' Cash-to-Debt compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Holdings ranks #1672 out of 2447 companies for Cash-to-Debt. This places Panasonic Holdings in the lower half of its industry. The industry median Cash-to-Debt is 1.39. Panasonic Holdings' value of 0.60 is 56.8% below this benchmark. Historically, Panasonic Holdings' own Cash-to-Debt has ranged from 0.60 to 1.26 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.39, Panasonic Holdings 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.39, based on 2,447 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. Panasonic Holdings's current Cash-to-Debt of 0.60 is 56.8% 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 Hardware industry, the median Cash-to-Debt is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Holdings's current Cash-to-Debt is 0.60, which is 26% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Holdings (FRA:MAT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.79, compared to a current price of €22.95 — trading 194.5% above its estimated fair value. The current Cash-to-Debt is 0.60, which is 26% below median its 10-year median of 0.81 and 56.8% below the Hardware industry median of 1.39. Panasonic Holdings' overall GF Score™ is 63/100 with 12 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 Panasonic Holdings (FRA:MAT1), the current Cash-to-Debt is 0.60 as of Mar. 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 Panasonic Holdings (FRA:MAT1) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Holdings stock appears to be overvalued.
The current stock price of €22.95 is trading 194.5% above its estimated GF Value™ of €7.79.
GuruFocus considers Panasonic Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MAT1:
Cash-to-Debt: 0.60 (26% below median its 10-year median of 0.81)
GF Value™: €7.79 vs. price of €22.95 (194.5% above fair value)
Industry Position: 56.8% below the Hardware median (#1672 of 2447)
No single metric tells the full story. See the FRA:MAT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Holdings Corp is engaged in the development, manufacture, and sale of a wide range of electronic and electrical products. The company operates through six segments. The Lifestyle segment provides home appliances such as refrigerators, air conditioners, and beauty and hair care devices. The Automotive segment offers in-vehicle infotainment systems, speaker systems, and advanced driver assistance systems. The Connect segment supplies communication systems, welding machines, and projectors. The Industry segment produces electronic components, motors, and factory automation equipment. The Energy segment develops and sells lithium-ion batteries, dry batteries, and small secondary batteries. The Others segment includes the sale of televisions, cameras, and building materials.
63GF Score
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