Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NetSol TechnologiesKAR:NETSOL -1.88%76 Cash-to-Debt is 1.41 as of Mar. 2026, which is 18% below its 10-year median of 1.71. GuruFocus rates KAR:NETSOL with a GF Score™ of 76/100 and a GF Value™ of ₨178.92 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,840 Software companies, NetSol Technologies ranks worse than 60.32% 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. NetSol Technologies's cash to debt ratio for the quarter that ended in Mar. 2026 was 1.41.
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, NetSol Technologiescould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for NetSol Technologies's Cash-to-Debt or its related term are showing as below:
KAR:NETSOL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.71 Max: 3.2
Current: 1.41
During the past 12 years, NetSol Technologies's highest Cash to Debt Ratio was 3.20. The lowest was 0.54. And the median was 1.71.
KAR:NETSOL's Cash-to-Debt is ranked worse than 60.32% of 2840
companies
in the Software industry
Industry Median: 2.52
vs KAR:NETSOL: 1.41
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.
NetSol Technologies Cash-to-Debt Related Terms
NetSol Technologies Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for NetSol Technologies'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.
KAR:NETSOL vs IBM, ACN, FISV: Cash-to-Debt Comparison
For the Information Technology Services subindustry, NetSol Technologies'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.
NetSol Technologies Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, NetSol Technologies's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where NetSol Technologies'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.
NetSol Technologies (KAR:NETSOL) has a Cash-to-Debt of 1.41 as of Mar. 2026. This is 18% below median its historical median of 1.71. Over the past decade, NetSol Technologies' Cash-to-Debt has ranged from 0.54 to 3.20. According to the industry distribution chart, NetSol Technologies ranks #1713 out of 2840 companies in the Software industry, placing it in the top 60.3%.
Is NetSol Technologies' Cash-to-Debt too high?
NetSol Technologies' current Cash-to-Debt of 1.41 is 18% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 3.20. The Software industry median Cash-to-Debt is 2.52. NetSol Technologies' value of 1.41 is 44% below this industry median. Based on the distribution chart, NetSol Technologies ranks #1713 out of 2840 companies in the Software industry, which is below the industry midpoint. Overall, NetSol Technologies has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Cash-to-Debt compare to IBM and ACN?
According to the Software industry distribution chart, NetSol Technologies ranks #1713 out of 2840 companies for Cash-to-Debt. This places NetSol Technologies in the lower half of its industry. The industry median Cash-to-Debt is 2.52. NetSol Technologies' value of 1.41 is 44% below this benchmark. Historically, NetSol Technologies' own Cash-to-Debt has ranged from 0.54 to 3.20 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 2.52, NetSol Technologies 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 Software company?
The median Cash-to-Debt among Software companies is 2.52, based on 2,840 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. NetSol Technologies's current Cash-to-Debt of 1.41 is 44% 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 Software industry, the median Cash-to-Debt is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetSol Technologies's current Cash-to-Debt is 1.41, which is 18% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨178.92, compared to a current price of ₨128.11 — trading 28.4% below its estimated fair value. The current Cash-to-Debt is 1.41, which is 18% below median its 10-year median of 1.71 and 44% below the Software industry median of 2.52. NetSol Technologies' overall GF Score™ is 76/100 with 1 warning sign 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 NetSol Technologies (KAR:NETSOL), the current Cash-to-Debt is 1.41 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 NetSol Technologies (KAR:NETSOL) Overvalued in 2026?
Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued.
The current stock price of ₨128.11 is trading 28.4% below its estimated GF Value™ of ₨178.92.
GuruFocus considers NetSol Technologies to be Modestly Undervalued.
Key valuation signals for KAR:NETSOL:
Cash-to-Debt: 1.41 (18% below median its 10-year median of 1.71)
GF Value™: ₨178.92 vs. price of ₨128.11 (28.4% below fair value)
Industry Position: 44% below the Software median (#1713 of 2840)
No single metric tells the full story. See the KAR:NETSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
76GF Score
Get the complete analysis for KAR:NETSOL
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:NETSOL has been successfully added to your 
