Firstrand (JSE:FSR) Cash-to-Debt: (As of Jun. 2026)

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JSE:FSR Firstrand Ltd JSE:FSR
62 GF Score
Price R93.87
GF Value R81.28
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Firstrand 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. Firstrand'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, Firstrand 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 Firstrand's Cash-to-Debt or its related term are showing as below:

JSE:FSR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26   Med: 0.51   Max: 5.14
Current: 0.52

During the past 13 years, Firstrand's highest Cash to Debt Ratio was 5.14. The lowest was 0.26. And the median was 0.51.

JSE:FSR's Cash-to-Debt is ranked worse than
73.98% of 1491 companies
in the Banks industry
Industry Median: 1.37 vs JSE:FSR: 0.52

Firstrand  (JSE:FSR) 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.

Firstrand Cash-to-Debt Related Terms

Firstrand Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Firstrand'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.

Firstrand Cash-to-Debt Chart

Firstrand Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cash-to-Debt
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Firstrand Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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JSE:FSR vs JPM, BAC, WFC: Cash-to-Debt Comparison

For the Banks - Diversified subindustry, Firstrand'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.

Firstrand Cash-to-Debt vs Banks Industry

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

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


JSE:FSR
62GF Score
Firstrand Ltd JSE:FSR
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firstrand 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.

Firstrand's Cash to Debt Ratio for the fiscal year 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)
=105299 / (21144 + 51242)
=1.45

Firstrand'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)
=105299 / (21144 + 51242)
=1.45

* 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 Firstrand (JSE:FSR) Overvalued in 2026?

Based on GuruFocus' analysis, Firstrand stock appears to be overvalued. The current stock price of R93.87 is trading 15.5% above its estimated GF Value™ of R81.28. GuruFocus considers Firstrand to be Modestly Overvalued.

Key valuation signals for JSE:FSR:

  • Cash-to-Debt:
  • GF Value™: R81.28 vs. price of R93.87 (15.5% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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

Firstrand Business Description

Address Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
62GF Score

Get the complete analysis for JSE:FSR

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

R93.87
Price
R81.28
GF Value