FSP (Franklin Street Properties) Cash-to-Debt: 0.09 (As of Jun. 2026) — 350% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSP Franklin Street Properties Corp FSP
44 GF Score
Price $0.41
GF Value $1.46
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Franklin Street Properties Cash-to-Debt?

Franklin Street Properties FSP -1.41% 44 Cash-to-Debt is 0.09 as of Jun. 2026, which is 350% above its 10-year median of 0.02. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.46 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 846 REITs companies, Franklin Street Properties ranks better than 53.19% 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. Franklin Street Properties's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.09.

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, Franklin Street Properties couldn'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 Franklin Street Properties's Cash-to-Debt or its related term are showing as below:

FSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.31
Current: 0.09

During the past 13 years, Franklin Street Properties's highest Cash to Debt Ratio was 0.31. The lowest was 0.00. And the median was 0.02.

FSP's Cash-to-Debt is ranked better than
53.19% of 846 companies
in the REITs industry
Industry Median: 0.08 vs FSP: 0.09

Franklin Street Properties  (AMEX:FSP) 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.


Franklin Street Properties Cash-to-Debt Related Terms


Franklin Street Properties Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties Cash-to-Debt Chart

Franklin Street Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.01 0.31 0.17 0.12

Franklin Street Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.12 0.09 0.09

FSP vs CMCT, ONL, NLOP: Cash-to-Debt Comparison

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties Cash-to-Debt vs REITs Industry

For the REITs industry and Real Estate sector, Franklin Street Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Franklin Street Properties's Cash-to-Debt falls into.


FSP
44GF Score
Franklin Street Properties Corp FSP
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Street Properties Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Franklin Street Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Franklin Street Properties's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.09 mean?
Franklin Street Properties (FSP) has a Cash-to-Debt of 0.09 as of Jun. 2026. This is 350% above median its historical median of 0.02. According to the industry distribution chart, Franklin Street Properties ranks #396 out of 846 companies in the REITs industry, placing it in the top 46.8%.
Is Franklin Street Properties' Cash-to-Debt too high?
Franklin Street Properties' current Cash-to-Debt of 0.09 is 350% above median its 10-year median of 0.02. The REITs industry median Cash-to-Debt is 0.08. Franklin Street Properties' value of 0.09 is 12.5% above this industry median. Based on the distribution chart, Franklin Street Properties ranks #396 out of 846 companies in the REITs industry, which is above the industry midpoint. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' Cash-to-Debt compare to CMCT and ONL?
According to the REITs industry distribution chart, Franklin Street Properties ranks #396 out of 846 companies for Cash-to-Debt. This puts Franklin Street Properties in the upper half of its industry. The industry median Cash-to-Debt is 0.08. Franklin Street Properties' value of 0.09 is 12.5% above this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.08, Franklin Street Properties 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 REITs company?
The median Cash-to-Debt among REITs companies is 0.08, based on 846 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. Franklin Street Properties's current Cash-to-Debt of 0.09 is 12.5% 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 REITs industry, the median Cash-to-Debt is 0.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Street Properties's current Cash-to-Debt is 0.09, which is 350% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.46, compared to a current price of $0.41 — trading 72.2% below its estimated fair value. The current Cash-to-Debt is 0.09, which is 350% above median its 10-year median of 0.02 and 12.5% above the REITs industry median of 0.08. Franklin Street Properties' overall GF Score™ is 44/100 with 4 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 Franklin Street Properties (FSP), the current Cash-to-Debt is 0.09 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 Franklin Street Properties (FSP) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued. The current stock price of $0.41 is trading 72.2% below its estimated GF Value™ of $1.46. GuruFocus considers Franklin Street Properties to be Possible Value Trap.

Key valuation signals for FSP:

  • Cash-to-Debt: 0.09 (350% above median its 10-year median of 0.02)
  • GF Value™: $1.46 vs. price of $0.41 (72.2% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 12.5% above the REITs median (#396 of 846)

No single metric tells the full story. See the FSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Street Properties Business Description

Industry Real EstateREITs
Other Exchanges WVH:Germany
Address 401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score

Get the complete analysis for FSP

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.41
Price
$1.46
GF Value