IPXAF (Impax Asset Management Group) Cash-to-Debt: 12.30 (As of Mar. 2026) — 13% Above Median

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IPXAF Impax Asset Management Group PLC IPXAF
71 GF Score
Price $1.40
GF Value $3.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Impax Asset Management Group Cash-to-Debt?

Impax Asset Management Group IPXAF 71 Cash-to-Debt is 12.30 as of Mar. 2026, which is 13% above its 10-year median of 10.91. GuruFocus rates IPXAF with a GF Score™ of 71/100 and a GF Value™ of $3.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,426 Asset Management companies, Impax Asset Management Group ranks better than 53.51% 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. Impax Asset Management Group's cash to debt ratio for the quarter that ended in Mar. 2026 was 12.30.

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, Impax Asset Management Group could pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

The historical rank and industry rank for Impax Asset Management Group's Cash-to-Debt or its related term are showing as below:

IPXAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.61   Med: 10.91   Max: No Debt
Current: 12.3

During the past 13 years, Impax Asset Management Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.61. And the median was 10.91.

IPXAF's Cash-to-Debt is ranked better than
53.51% of 1426 companies
in the Asset Management industry
Industry Median: 5.63 vs IPXAF: 12.30

Impax Asset Management Group  (OTCPK:IPXAF) 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.


Impax Asset Management Group Cash-to-Debt Related Terms


Impax Asset Management Group Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Impax Asset Management Group'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.

Impax Asset Management Group Cash-to-Debt Chart

Impax Asset Management Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.67 13.02 11.99 13.45 13.98

Impax Asset Management Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 9.84 13.45 12.20 13.98 12.30

IPXAF vs BLK, BX, KKR: Cash-to-Debt Comparison

For the Asset Management subindustry, Impax Asset Management Group'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.


Impax Asset Management Group Cash-to-Debt vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Impax Asset Management Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Impax Asset Management Group's Cash-to-Debt falls into.


IPXAF
71GF Score
Impax Asset Management Group PLC IPXAF
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Impax Asset Management Group 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.

Impax Asset Management Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 2025 is calculated as:

Impax Asset Management Group's Cash to Debt Ratio for the quarter that ended in Mar. 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 12.30 mean?
Impax Asset Management Group (IPXAF) has a Cash-to-Debt of 12.30 as of Mar. 2026. This is 13% above median its historical median of 10.91. Over the past decade, Impax Asset Management Group's Cash-to-Debt has ranged from 1.61 to 10,000.00. According to the industry distribution chart, Impax Asset Management Group ranks #663 out of 1426 companies in the Asset Management industry, placing it in the top 46.5%.
Is Impax Asset Management Group's Cash-to-Debt too high?
Impax Asset Management Group's current Cash-to-Debt of 12.30 is 13% above median its 10-year median of 10.91. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 5.63. Impax Asset Management Group's value of 12.30 is 118.5% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #663 out of 1426 companies in the Asset Management industry, which is above the industry midpoint. Overall, Impax Asset Management Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #663 out of 1426 companies for Cash-to-Debt. This puts Impax Asset Management Group in the upper half of its industry. The industry median Cash-to-Debt is 5.63. Impax Asset Management Group's value of 12.30 is 118.5% above this benchmark. Historically, Impax Asset Management Group's own Cash-to-Debt has ranged from 1.61 to 10,000.00 over the past decade. While the company's 10-year median is 10.91 vs. the industry median of 5.63, Impax Asset Management Group 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 an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.63, based on 1,426 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. Impax Asset Management Group's current Cash-to-Debt of 12.30 is 118.5% 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 Asset Management industry, the median Cash-to-Debt is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current Cash-to-Debt is 12.30, which is 13% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (IPXAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.23, compared to a current price of $1.40 — trading 56.7% below its estimated fair value. The current Cash-to-Debt is 12.30, which is 13% above median its 10-year median of 10.91 and 118.5% above the Asset Management industry median of 5.63. Impax Asset Management Group's overall GF Score™ is 71/100 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 Impax Asset Management Group (IPXAF), the current Cash-to-Debt is 12.30 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 Impax Asset Management Group (IPXAF) Overvalued in 2026?

Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued. The current stock price of $1.40 is trading 56.7% below its estimated GF Value™ of $3.23. GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.

Key valuation signals for IPXAF:

  • Cash-to-Debt: 12.30 (13% above median its 10-year median of 10.91)
  • GF Value™: $3.23 vs. price of $1.40 (56.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 118.5% above the Asset Management median (#663 of 1426)

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


Impax Asset Management Group Business Description

Other Exchanges IPXl:UKIPX:UKLW4:Germany
Address 30 Panton Street, 7th Floor, London, GBR, SW1Y 4AJ
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
71GF Score

Get the complete analysis for IPXAF

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

$1.40
Price
$3.23
GF Value