HSBC (HSBC Holdings) Cash-to-Debt: (As of Jun. 2026)

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HSBC HSBC Holdings PLC HSBC
58 GF Score
Price $101.83
GF Value $55.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is HSBC Holdings Cash-to-Debt?

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. HSBC Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 was .

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, HSBC Holdings 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 HSBC Holdings's Cash-to-Debt or its related term are showing as below:

HSBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69   Med: 2   Max: 4.95
Current: 1.71

During the past 13 years, HSBC Holdings's highest Cash to Debt Ratio was 4.95. The lowest was 0.69. And the median was 2.00.

HSBC's Cash-to-Debt is ranked better than
55.09% of 1492 companies
in the Banks industry
Industry Median: 1.37 vs HSBC: 1.71

HSBC Holdings  (NYSE:HSBC) 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.

HSBC Holdings Cash-to-Debt Related Terms

HSBC Holdings Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for HSBC Holdings'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.

HSBC Holdings Cash-to-Debt Chart

HSBC Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
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HSBC Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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HSBC vs JPM, BAC, WFC: Cash-to-Debt Comparison

For the Banks - Diversified subindustry, HSBC Holdings'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.

HSBC Holdings Cash-to-Debt vs Banks Industry

For the Banks industry and Financial Services sector, HSBC Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where HSBC Holdings's Cash-to-Debt falls into.


HSBC
58GF Score
HSBC Holdings PLC HSBC
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HSBC Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

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

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=242859 / (360740 + 138366)
=0.49

HSBC Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=227800 / (321287 + 248008)
=0.40

* 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.

Is HSBC Holdings (HSBC) Overvalued in 2026?

Based on GuruFocus' analysis, HSBC Holdings stock appears to be overvalued. The current stock price of $101.83 is trading 83% above its estimated GF Value™ of $55.65. GuruFocus considers HSBC Holdings to be Significantly Overvalued.

Key valuation signals for HSBC:

  • Cash-to-Debt:
  • GF Value™: $55.65 vs. price of $101.83 (83% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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

HSBC Holdings Business Description

Address 8 Canada Square, London, GBR, E14 5HQ
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and over 40 million customers worldwide. It operates in more than 50 countries with over 200,000 full-time staff. Hong Kong and the United Kingdom are its two largest markets. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.
58GF Score

Get the complete analysis for HSBC

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

$101.83
Price
$55.65
GF Value