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First GenFSGCY 65 Cash-to-Debt is 0.39 as of Jun. 2026, which is at its 10-year median of 0.39. GuruFocus rates FSGCY with a GF Score™ of 65/100 and a GF Value™ of $1.25. The stock has 16 warning signs investors should review. Among 447 Utilities - Independent Power Producers companies, First Gen ranks better than 60.63% 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. First Gen's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.39.
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, First Gencouldn'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 First Gen's Cash-to-Debt or its related term are showing as below:
FSGCY'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 0.67
Current: 0.39
During the past 13 years, First Gen's highest Cash to Debt Ratio was 0.67. The lowest was 0.20. And the median was 0.39.
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.
First Gen Cash-to-Debt Related Terms
First Gen Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for First Gen'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 Utilities - Renewable subindustry, First Gen'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.
First Gen Cash-to-Debt vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where First Gen'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.
First Gen (FSGCY) has a Cash-to-Debt of 0.39 as of Jun. 2026. This is near median its historical median of 0.39. Over the past decade, First Gen's Cash-to-Debt has ranged from 0.20 to 0.67. According to the industry distribution chart, First Gen ranks #176 out of 447 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.4%.
Is First Gen's Cash-to-Debt too high?
First Gen's current Cash-to-Debt of 0.39 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.67. The Utilities - Independent Power Producers industry median Cash-to-Debt is 0.24. First Gen's value of 0.39 is 62.5% above this industry median. Based on the distribution chart, First Gen ranks #176 out of 447 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, First Gen has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does First Gen's Cash-to-Debt compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #176 out of 447 companies for Cash-to-Debt. This puts First Gen in the upper half of its industry. The industry median Cash-to-Debt is 0.24. First Gen's value of 0.39 is 62.5% above this benchmark. Historically, First Gen's own Cash-to-Debt has ranged from 0.20 to 0.67 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.24, First Gen 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 an Utilities - Independent Power Producers company?
The median Cash-to-Debt among Utilities - Independent Power Producers companies is 0.24, based on 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. First Gen's current Cash-to-Debt of 0.39 is 62.5% 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 Utilities - Independent Power Producers industry, the median Cash-to-Debt is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current Cash-to-Debt is 0.39, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Gen stock overvalued right now?
First Gen (FSGCY) has a current Cash-to-Debt of 0.39. The stock's GF Value™ is $1.25, compared to a current price of $5.35 — trading 328% above its estimated fair value. The current Cash-to-Debt is 0.39, which is near median its 10-year median of 0.39 and 62.5% above the Utilities - Independent Power Producers industry median of 0.24. First Gen's overall GF Score™ is 65/100 with 16 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 First Gen (FSGCY), the current Cash-to-Debt is 0.39 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 First Gen (FSGCY) Overvalued in 2026?
Based on GuruFocus' analysis, First Gen stock appears to be overvalued.
The current stock price of $5.35 is trading 328% above its estimated GF Value™ of $1.25.
Key valuation signals for FSGCY:
Cash-to-Debt: 0.39 (near median its 10-year median of 0.39)
GF Value™: $1.25 vs. price of $5.35 (328% above fair value)
Industry Position: 62.5% above the Utilities - Independent Power Producers median (#176 of 447)
No single metric tells the full story. See the FSGCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Gen Corp is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FGEN LNG, FNPC, and Prime Meridian. The company only operates in Philippines.
65GF Score
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