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SBI HoldingsFRA:ZOF +1.11%77 Cash-to-Debt is 0.97 as of Jun. 2026, which is 59% above its 10-year median of 0.61. GuruFocus rates FRA:ZOF with a GF Score™ of 77/100 and a GF Value™ of €15.43 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 552 Diversified Financial Services companies, SBI Holdings ranks worse than 76.81% 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. SBI Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.97.
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, SBI Holdingscouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for SBI Holdings's Cash-to-Debt or its related term are showing as below:
FRA:ZOF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.61 Max: 1.09
Current: 0.82
During the past 13 years, SBI Holdings's highest Cash to Debt Ratio was 1.09. The lowest was 0.31. And the median was 0.61.
FRA:ZOF's Cash-to-Debt is ranked worse than 76.81% of 552
companies
in the Diversified Financial Services industry
Industry Median: 9.045
vs FRA:ZOF: 0.82
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.
SBI Holdings Cash-to-Debt Related Terms
SBI Holdings Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for SBI 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 Financial Conglomerates subindustry, SBI 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.
SBI Holdings Cash-to-Debt vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where SBI 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.
SBI Holdings (FRA:ZOF) has a Cash-to-Debt of 0.97 as of Jun. 2026. This is 59% above median its historical median of 0.61. Over the past decade, SBI Holdings' Cash-to-Debt has ranged from 0.31 to 1.09. According to the industry distribution chart, SBI Holdings ranks #424 out of 552 companies in the Diversified Financial Services industry, placing it in the top 76.8%.
Is SBI Holdings' Cash-to-Debt too high?
SBI Holdings' current Cash-to-Debt of 0.97 is 59% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.09. The Diversified Financial Services industry median Cash-to-Debt is 9.05. SBI Holdings' value of 0.97 is 89.3% below this industry median. Based on the distribution chart, SBI Holdings ranks #424 out of 552 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, SBI Holdings has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBI Holdings' Cash-to-Debt compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, SBI Holdings ranks #424 out of 552 companies for Cash-to-Debt. This places SBI Holdings in the lower half of its industry. The industry median Cash-to-Debt is 9.05. SBI Holdings' value of 0.97 is 89.3% below this benchmark. Historically, SBI Holdings' own Cash-to-Debt has ranged from 0.31 to 1.09 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 9.05, SBI 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 Diversified Financial Services company?
The median Cash-to-Debt among Diversified Financial Services companies is 9.05, based on 552 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. SBI Holdings's current Cash-to-Debt of 0.97 is 89.3% 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 Diversified Financial Services industry, the median Cash-to-Debt is 9.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Holdings's current Cash-to-Debt is 0.97, which is 59% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Holdings stock overvalued right now?
Based on GuruFocus' analysis, SBI Holdings (FRA:ZOF) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.43, compared to a current price of €18.63 — trading 20.7% above its estimated fair value. The current Cash-to-Debt is 0.97, which is 59% above median its 10-year median of 0.61 and 89.3% below the Diversified Financial Services industry median of 9.05. SBI Holdings' overall GF Score™ is 77/100 with 7 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 SBI Holdings (FRA:ZOF), the current Cash-to-Debt is 0.97 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 SBI Holdings (FRA:ZOF) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Holdings stock appears to be overvalued.
The current stock price of €18.63 is trading 20.7% above its estimated GF Value™ of €15.43.
GuruFocus considers SBI Holdings to be Modestly Overvalued.
Key valuation signals for FRA:ZOF:
Cash-to-Debt: 0.97 (59% above median its 10-year median of 0.61)
GF Value™: €15.43 vs. price of €18.63 (20.7% above fair value)
Industry Position: 89.3% below the Diversified Financial Services median (#424 of 552)
No single metric tells the full story. See the FRA:ZOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. The company operates through five segments. The Asset Management segment provides investment management, advice, and financial product information. The Crypto Asset segment offers crypto exchange and trading services. The Financial Services segment covers securities, banking, and insurance activities in Japan and abroad. The Investment segment invests in IT, fintech, blockchain, finance, and biotech ventures. The Next Generation Business develops and sells pharmaceuticals, health foods, and cosmetics, conducts R&D in cancer and immunology, offers digital medical solutions, and engages in medical finance. It generates majority of its revenue from Financial services segment.
77GF Score
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