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Next Technology HoldingFRA:ZP9 35 Cash-to-Debt is 274.45 as of Jun. 2026, which is 1169% above its 10-year median of 21.63. GuruFocus rates FRA:ZP9 with a GF Score™ of 35/100 and a GF Value™ of €460.21 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,850 Software companies, Next Technology Holding ranks better than 88% 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. Next Technology Holding's cash to debt ratio for the quarter that ended in Jun. 2026 was 274.45.
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, Next Technology Holdingcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Next Technology Holding's Cash-to-Debt or its related term are showing as below:
FRA:ZP9'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 21.63 Max: No Debt
Current: 274.21
During the past 7 years, Next Technology Holding's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 21.63.
FRA:ZP9's Cash-to-Debt is ranked better than 88% of 2850
companies
in the Software industry
Industry Median: 2.555
vs FRA:ZP9: 274.21
Next Technology Holding (FRA:ZP9) Cash-to-Debt Explanation
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.
Next Technology Holding Cash-to-Debt Related Terms
Next Technology Holding Cash-to-Debt Historical Data
* 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:ZP9 vs INVU, ATHR, NTWK: Cash-to-Debt Comparison
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Next Technology Holding'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.
Next Technology Holding (FRA:ZP9) has a Cash-to-Debt of 274.45 as of Jun. 2026. This is 1169% above median its historical median of 21.63. Over the past decade, Next Technology Holding's Cash-to-Debt has ranged from 0.24 to 10,000.00. According to the industry distribution chart, Next Technology Holding ranks #342 out of 2850 companies in the Software industry, placing it in the top 12%.
Is Next Technology Holding's Cash-to-Debt too high?
Next Technology Holding's current Cash-to-Debt of 274.45 is 1169% above median its 10-year median of 21.63. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 10,000.00. The Software industry median Cash-to-Debt is 2.56. Next Technology Holding's value of 274.45 is 10641.7% above this industry median. Based on the distribution chart, Next Technology Holding ranks #342 out of 2850 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Next Technology Holding has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Cash-to-Debt compare to INVU and ATHR?
According to the Software industry distribution chart, Next Technology Holding ranks #342 out of 2850 companies for Cash-to-Debt. This places Next Technology Holding in the top 12% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 2.56. Next Technology Holding's value of 274.45 is 10641.7% above this benchmark. Historically, Next Technology Holding's own Cash-to-Debt has ranged from 0.24 to 10,000.00 over the past decade. While the company's 10-year median is 21.63 vs. the industry median of 2.56, Next Technology Holding 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 2,850 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. Next Technology Holding's current Cash-to-Debt of 274.45 is 10641.7% 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. Next Technology Holding's current Cash-to-Debt is 274.45, which is 1169% above median its own 10-year median of 21.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €460.21, compared to a current price of €5.00 — trading 98.9% below its estimated fair value. The current Cash-to-Debt is 274.45, which is 1169% above median its 10-year median of 21.63 and 10641.7% above the Software industry median of 2.56. Next Technology Holding's overall GF Score™ is 35/100 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 Next Technology Holding (FRA:ZP9), the current Cash-to-Debt is 274.45 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €5.00 is trading 98.9% below its estimated GF Value™ of €460.21.
GuruFocus considers Next Technology Holding to be Possible Value Trap.
Key valuation signals for FRA:ZP9:
Cash-to-Debt: 274.45 (1169% above median its 10-year median of 21.63)
GF Value™: €460.21 vs. price of €5.00 (98.9% below fair value)
Industry Position: 10641.7% above the Software median (#342 of 2850)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
35GF Score
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