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Hamamatsu Photonics KKHPHTF 94 Cash-to-Debt is 1.12 as of Mar. 2026, which is 88% below its 10-year median of 9.58. GuruFocus rates HPHTF with a GF Score™ of 94/100 and a GF Value™ of $13.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,343 Hardware companies, Hamamatsu Photonics KK ranks worse than 54.12% 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. Hamamatsu Photonics KK's cash to debt ratio for the quarter that ended in Mar. 2026 was 1.12.
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, Hamamatsu Photonics KKcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Hamamatsu Photonics KK's Cash-to-Debt or its related term are showing as below:
HPHTF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.1 Med: 9.58 Max: 11.44
Current: 1.1
During the past 13 years, Hamamatsu Photonics KK's highest Cash to Debt Ratio was 11.44. The lowest was 1.10. And the median was 9.58.
HPHTF's Cash-to-Debt is ranked worse than 54.12% of 2343
companies
in the Hardware industry
Industry Median: 1.41
vs HPHTF: 1.10
Hamamatsu Photonics KK (OTCPK:HPHTF) 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.
Hamamatsu Photonics KK Cash-to-Debt Related Terms
Hamamatsu Photonics KK 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.
For the Electronic Components subindustry, Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK (HPHTF) has a Cash-to-Debt of 1.12 as of Mar. 2026. This is 88% below median its historical median of 9.58. Over the past decade, Hamamatsu Photonics KK's Cash-to-Debt has ranged from 1.10 to 11.44. According to the industry distribution chart, Hamamatsu Photonics KK ranks #1268 out of 2343 companies in the Hardware industry, placing it in the top 54.1%.
Is Hamamatsu Photonics KK's Cash-to-Debt too high?
Hamamatsu Photonics KK's current Cash-to-Debt of 1.12 is 88% below median its 10-year median of 9.58. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 11.44. The Hardware industry median Cash-to-Debt is 1.41. Hamamatsu Photonics KK's value of 1.12 is 20.6% below this industry median. Based on the distribution chart, Hamamatsu Photonics KK ranks #1268 out of 2343 companies in the Hardware industry, which is below the industry midpoint. Overall, Hamamatsu Photonics KK has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hamamatsu Photonics KK's Cash-to-Debt compare to APH and GLW?
According to the Hardware industry distribution chart, Hamamatsu Photonics KK ranks #1268 out of 2343 companies for Cash-to-Debt. This places Hamamatsu Photonics KK in the lower half of its industry. The industry median Cash-to-Debt is 1.41. Hamamatsu Photonics KK's value of 1.12 is 20.6% below this benchmark. Historically, Hamamatsu Photonics KK's own Cash-to-Debt has ranged from 1.10 to 11.44 over the past decade. While the company's 10-year median is 9.58 vs. the industry median of 1.41, Hamamatsu Photonics KK 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.41, based on 2,343 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. Hamamatsu Photonics KK's current Cash-to-Debt of 1.12 is 20.6% 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 Hardware industry, the median Cash-to-Debt is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamamatsu Photonics KK's current Cash-to-Debt is 1.12, which is 88% below median its own 10-year median of 9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamamatsu Photonics KK stock overvalued right now?
Based on GuruFocus' analysis, Hamamatsu Photonics KK (HPHTF) is currently considered Fairly Valued. The stock's GF Value™ is $13.85, compared to a current price of $14.85 — trading 7.2% above its estimated fair value. The current Cash-to-Debt is 1.12, which is 88% below median its 10-year median of 9.58 and 20.6% below the Hardware industry median of 1.41. Hamamatsu Photonics KK's overall GF Score™ is 94/100 with 3 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 Hamamatsu Photonics KK (HPHTF), the current Cash-to-Debt is 1.12 as of Mar. 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 Hamamatsu Photonics KK (HPHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Hamamatsu Photonics KK stock appears to be overvalued.
The current stock price of $14.85 is trading 7.2% above its estimated GF Value™ of $13.85.
GuruFocus considers Hamamatsu Photonics KK to be Fairly Valued.
Key valuation signals for HPHTF:
Cash-to-Debt: 1.12 (88% below median its 10-year median of 9.58)
GF Value™: $13.85 vs. price of $14.85 (7.2% above fair value)
Industry Position: 20.6% below the Hardware median (#1268 of 2343)
No single metric tells the full story. See the HPHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hamamatsu Photonics KK is a Japan-based company engaged in the development, manufacture, and sale of optical and electronic devices. The company operates through four reportable segments: Electron Tube, Optical Semiconductor, Imaging and Measuring Instruments, and Laser Businesses. Its products include photomultiplier tubes, optical semiconductor components, imaging and measuring instruments, and laser-related products.
94GF Score
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