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ING Groep NVING +0.40%65 Cash-to-Debt is 0.35 as of Jun. 2026, which is 41% below its 10-year median of 0.59. GuruFocus rates ING with a GF Score™ of 65/100 and a GF Value™ of $24.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,485 Banks companies, ING Groep NV ranks worse than 82.22% 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. ING Groep NV's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.35.
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, ING Groep NVcouldn'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 ING Groep NV's Cash-to-Debt or its related term are showing as below:
ING'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.59 Max: 1.27
Current: 0.35
During the past 13 years, ING Groep NV's highest Cash to Debt Ratio was 1.27. The lowest was 0.16. And the median was 0.59.
ING's Cash-to-Debt is ranked worse than 82.22% of 1485
companies
in the Banks industry
Industry Median: 1.4
vs ING: 0.35
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.
ING Groep NV Cash-to-Debt Related Terms
ING Groep NV Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for ING Groep NV'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 Banks - Diversified subindustry, ING Groep NV'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.
ING Groep NV Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, ING Groep NV's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where ING Groep NV'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.
ING Groep NV (ING) has a Cash-to-Debt of 0.35 as of Jun. 2026. This is 41% below median its historical median of 0.59. Over the past decade, ING Groep NV's Cash-to-Debt has ranged from 0.16 to 1.27. According to the industry distribution chart, ING Groep NV ranks #1221 out of 1485 companies in the Banks industry, placing it in the top 82.2%.
Is ING Groep NV's Cash-to-Debt too high?
ING Groep NV's current Cash-to-Debt of 0.35 is 41% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.27. The Banks industry median Cash-to-Debt is 1.40. ING Groep NV's value of 0.35 is 75% below this industry median. Based on the distribution chart, ING Groep NV ranks #1221 out of 1485 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, ING Groep NV has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ING Groep NV's Cash-to-Debt compare to JPM and BAC?
According to the Banks industry distribution chart, ING Groep NV ranks #1221 out of 1485 companies for Cash-to-Debt. This places ING Groep NV in the lower half of its industry. The industry median Cash-to-Debt is 1.40. ING Groep NV's value of 0.35 is 75% below this benchmark. Historically, ING Groep NV's own Cash-to-Debt has ranged from 0.16 to 1.27 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.40, ING Groep NV 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 Banks company?
The median Cash-to-Debt among Banks companies is 1.40, based on 1,485 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. ING Groep NV's current Cash-to-Debt of 0.35 is 75% 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 Banks industry, the median Cash-to-Debt is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ING Groep NV's current Cash-to-Debt is 0.35, which is 41% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ING Groep NV stock overvalued right now?
Based on GuruFocus' analysis, ING Groep NV (ING) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.23, compared to a current price of $35.24 — trading 45.4% above its estimated fair value. The current Cash-to-Debt is 0.35, which is 41% below median its 10-year median of 0.59 and 75% below the Banks industry median of 1.40. ING Groep NV's overall GF Score™ is 65/100 with 7 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 ING Groep NV (ING), the current Cash-to-Debt is 0.35 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 ING Groep NV (ING) Overvalued in 2026?
Based on GuruFocus' analysis, ING Groep NV stock appears to be overvalued.
The current stock price of $35.24 is trading 45.4% above its estimated GF Value™ of $24.23.
GuruFocus considers ING Groep NV to be Significantly Overvalued.
Key valuation signals for ING:
Cash-to-Debt: 0.35 (41% below median its 10-year median of 0.59)
GF Value™: $24.23 vs. price of $35.24 (45.4% above fair value)
Industry Position: 75% below the Banks median (#1221 of 1485)
No single metric tells the full story. See the ING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions, ING has built up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
65GF Score
Get the complete analysis for ING
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