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Raspberry Pi HoldingsLSE:RPI +0.92%19 Cash-to-Debt is 3.16 as of Dec. 2025, which is 57% below its 10-year median of 7.39. GuruFocus rates LSE:RPI with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,484 Hardware companies, Raspberry Pi Holdings ranks better than 65.3% 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. Raspberry Pi Holdings's cash to debt ratio for the quarter that ended in Dec. 2025 was 3.16.
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, Raspberry Pi Holdingscould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Raspberry Pi Holdings's Cash-to-Debt or its related term are showing as below:
LSE:RPI'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.18 Med: 7.39 Max: 20.24
Current: 3.18
During the past 5 years, Raspberry Pi Holdings's highest Cash to Debt Ratio was 20.24. The lowest was 3.18. And the median was 7.39.
LSE:RPI's Cash-to-Debt is ranked better than 65.3% of 2484
companies
in the Hardware industry
Industry Median: 1.35
vs LSE:RPI: 3.18
Raspberry Pi Holdings (LSE:RPI) 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.
Raspberry Pi Holdings Cash-to-Debt Related Terms
Raspberry Pi Holdings Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Raspberry Pi Holdings'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.
Raspberry Pi Holdings Cash-to-Debt Chart
Raspberry Pi Holdings Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Cash-to-Debt
16.27
20.25
5.94
7.39
3.16
Raspberry Pi Holdings Semi-Annual Data
Jun24
Dec24
Jun25
Dec25
Cash-to-Debt
6.31
7.39
5.72
3.16
LSE:RPI vs APH, GLW, TEL: Cash-to-Debt Comparison
For the Electronic Components subindustry, Raspberry Pi Holdings'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.
Raspberry Pi Holdings Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Raspberry Pi Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Raspberry Pi Holdings'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.
Raspberry Pi Holdings (LSE:RPI) has a Cash-to-Debt of 3.16 as of Dec. 2025. This is 57% below median its historical median of 7.39. Over the past decade, Raspberry Pi Holdings' Cash-to-Debt has ranged from 3.18 to 20.24. According to the industry distribution chart, Raspberry Pi Holdings ranks #862 out of 2484 companies in the Hardware industry, placing it in the top 34.7%.
Is Raspberry Pi Holdings' Cash-to-Debt too high?
Raspberry Pi Holdings' current Cash-to-Debt of 3.16 is 57% below median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 20.24. The Hardware industry median Cash-to-Debt is 1.35. Raspberry Pi Holdings' value of 3.16 is 134.1% above this industry median. Based on the distribution chart, Raspberry Pi Holdings ranks #862 out of 2484 companies in the Hardware industry, which is above the industry midpoint. Overall, Raspberry Pi Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Raspberry Pi Holdings' Cash-to-Debt compare to APH and GLW?
According to the Hardware industry distribution chart, Raspberry Pi Holdings ranks #862 out of 2484 companies for Cash-to-Debt. This puts Raspberry Pi Holdings in the upper half of its industry. The industry median Cash-to-Debt is 1.35. Raspberry Pi Holdings' value of 3.16 is 134.1% above this benchmark. Historically, Raspberry Pi Holdings' own Cash-to-Debt has ranged from 3.18 to 20.24 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 1.35, Raspberry Pi Holdings 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.35, based on 2,484 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. Raspberry Pi Holdings's current Cash-to-Debt of 3.16 is 134.1% 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 Hardware industry, the median Cash-to-Debt is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raspberry Pi Holdings's current Cash-to-Debt is 3.16, which is 57% below median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raspberry Pi Holdings stock overvalued right now?
Raspberry Pi Holdings (LSE:RPI) has a current Cash-to-Debt of 3.16. The current Cash-to-Debt is 3.16, which is 57% below median its 10-year median of 7.39 and 134.1% above the Hardware industry median of 1.35. Raspberry Pi Holdings' overall GF Score™ is 19/100 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 Raspberry Pi Holdings (LSE:RPI), the current Cash-to-Debt is 3.16 as of Dec. 2025. 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.
Raspberry Pi Holdings PLC is a Company involved in designing and developing high-performance, low-cost single-board computers (SBCs) and compute modules for industrial IoT customers and embedded uses, as well as for educators and enthusiasts, in extensive markets. The Group has a single operating segment- the manufacture and sale of cost-effective programmable computing devices. It is an established, full-stack engineering organization with research and development capabilities spanning the entire value chain, from semiconductor intellectual property development to the design of finished semiconductor and electronic products to software engineering and regulatory compliance.
19GF Score
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