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nLightLASR +5.15%62 Cash-to-Debt is 22.26 as of Jun. 2026, which is 181% above its 10-year median of 7.91. GuruFocus rates LASR with a GF Score™ of 62/100 and a GF Value™ of $15.96 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,029 Semiconductors companies, nLight ranks better than 81.63% 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. nLight's cash to debt ratio for the quarter that ended in Jun. 2026 was 22.26.
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, nLightcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for nLight's Cash-to-Debt or its related term are showing as below:
LASR'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69 Med: 7.91 Max: 2299.06
Current: 22.26
During the past 10 years, nLight's highest Cash to Debt Ratio was 2299.06. The lowest was 0.69. And the median was 7.91.
LASR's Cash-to-Debt is ranked better than 81.63% of 1029
companies
in the Semiconductors industry
Industry Median: 1.64
vs LASR: 22.26
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.
nLight Cash-to-Debt Related Terms
nLight Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for nLight'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 Semiconductors subindustry, nLight'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.
nLight Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, nLight's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where nLight'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.
nLight (LASR) has a Cash-to-Debt of 22.26 as of Jun. 2026. This is 181% above median its historical median of 7.91. Over the past decade, nLight's Cash-to-Debt has ranged from 0.69 to 2,299.06. According to the industry distribution chart, nLight ranks #189 out of 1029 companies in the Semiconductors industry, placing it in the top 18.4%.
Is nLight's Cash-to-Debt too high?
nLight's current Cash-to-Debt of 22.26 is 181% above median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2,299.06. The Semiconductors industry median Cash-to-Debt is 1.64. nLight's value of 22.26 is 1257.3% above this industry median. Based on the distribution chart, nLight ranks #189 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, nLight has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nLight's Cash-to-Debt compare to HIMX and POWI?
According to the Semiconductors industry distribution chart, nLight ranks #189 out of 1029 companies for Cash-to-Debt. This places nLight in the top 18% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.64. nLight's value of 22.26 is 1257.3% above this benchmark. Historically, nLight's own Cash-to-Debt has ranged from 0.69 to 2,299.06 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 1.64, nLight 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 a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,029 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. nLight's current Cash-to-Debt of 22.26 is 1257.3% 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 Semiconductors industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nLight's current Cash-to-Debt is 22.26, which is 181% above median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nLight stock overvalued right now?
Based on GuruFocus' analysis, nLight (LASR) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.96, compared to a current price of $41.46 — trading 159.8% above its estimated fair value. The current Cash-to-Debt is 22.26, which is 181% above median its 10-year median of 7.91 and 1257.3% above the Semiconductors industry median of 1.64. nLight's overall GF Score™ is 62/100 with 4 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 nLight (LASR), the current Cash-to-Debt is 22.26 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 nLight (LASR) Overvalued in 2026?
Based on GuruFocus' analysis, nLight stock appears to be overvalued.
The current stock price of $41.46 is trading 159.8% above its estimated GF Value™ of $15.96.
GuruFocus considers nLight to be Significantly Overvalued.
Key valuation signals for LASR:
Cash-to-Debt: 22.26 (181% above median its 10-year median of 7.91)
GF Value™: $15.96 vs. price of $41.46 (159.8% above fair value)
Industry Position: 1257.3% above the Semiconductors median (#189 of 1029)
No single metric tells the full story. See the LASR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
nLight Inc is a United States-based company provider of power semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It designs, manufactures, and sells a range of power semiconductor lasers and fiber lasers that are typically integrated into laser systems. It operates in two segments: Laser Products segment, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, Asia Pacific, and EMEA, of which maximum revenue is derived from North America.
62GF Score
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