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FS KKR CapitalFSK +3.86%40 Cash-to-Debt is 0.02 as of Jun. 2026, which is 50% below its 10-year median of 0.04. GuruFocus rates FSK with a GF Score™ of 40/100 and a GF Value™ of $26.65 (Significantly Undervalued). Among 1,435 Asset Management companies, FS KKR Capital ranks worse than 92.75% 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. FS KKR Capital's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.02.
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, FS KKR Capitalcouldn'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 FS KKR Capital's Cash-to-Debt or its related term are showing as below:
FSK'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.16
Current: 0.02
During the past 13 years, FS KKR Capital's highest Cash to Debt Ratio was 0.16. The lowest was 0.02. And the median was 0.04.
FSK's Cash-to-Debt is ranked worse than 92.75% of 1435
companies
in the Asset Management industry
Industry Median: 5.15
vs FSK: 0.02
FS KKR Capital (NYSE:FSK) 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.
FS KKR Capital Cash-to-Debt Related Terms
FS KKR Capital Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for FS KKR Capital'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 Asset Management subindustry, FS KKR Capital'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.
FS KKR Capital Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FS KKR Capital's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where FS KKR Capital'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.
FS KKR Capital (FSK) has a Cash-to-Debt of 0.02 as of Jun. 2026. This is 50% below median its historical median of 0.04. Over the past decade, FS KKR Capital's Cash-to-Debt has ranged from 0.02 to 0.16. According to the industry distribution chart, FS KKR Capital ranks #1331 out of 1435 companies in the Asset Management industry, placing it in the top 92.8%.
Is FS KKR Capital's Cash-to-Debt too high?
FS KKR Capital's current Cash-to-Debt of 0.02 is 50% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.16. The Asset Management industry median Cash-to-Debt is 5.15. FS KKR Capital's value of 0.02 is 99.6% below this industry median. Based on the distribution chart, FS KKR Capital ranks #1331 out of 1435 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FS KKR Capital has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's Cash-to-Debt compare to WT and HTGC?
According to the Asset Management industry distribution chart, FS KKR Capital ranks #1331 out of 1435 companies for Cash-to-Debt. This places FS KKR Capital in the lower half of its industry. The industry median Cash-to-Debt is 5.15. FS KKR Capital's value of 0.02 is 99.6% below this benchmark. Historically, FS KKR Capital's own Cash-to-Debt has ranged from 0.02 to 0.16 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 5.15, FS KKR Capital 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 an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.15, based on 1,435 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. FS KKR Capital's current Cash-to-Debt of 0.02 is 99.6% 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 Asset Management industry, the median Cash-to-Debt is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS KKR Capital's current Cash-to-Debt is 0.02, which is 50% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $26.65, compared to a current price of $12.64 — trading 52.6% below its estimated fair value. The current Cash-to-Debt is 0.02, which is 50% below median its 10-year median of 0.04 and 99.6% below the Asset Management industry median of 5.15. FS KKR Capital's overall GF Score™ is 40/100. 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 FS KKR Capital (FSK), the current Cash-to-Debt is 0.02 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 FS KKR Capital (FSK) Overvalued in 2026?
Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued.
The current stock price of $12.64 is trading 52.6% below its estimated GF Value™ of $26.65.
GuruFocus considers FS KKR Capital to be Significantly Undervalued.
Key valuation signals for FSK:
Cash-to-Debt: 0.02 (50% below median its 10-year median of 0.04)
GF Value™: $26.65 vs. price of $12.64 (52.6% below fair value)
Industry Position: 99.6% below the Asset Management median (#1331 of 1435)
No single metric tells the full story. See the FSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
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