Norfolk Southern (MEX:NSC) Cash-to-Debt: 0.06 (As of Jun. 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:NSC Norfolk Southern Corp MEX:NSC
75 GF Score
Price MXN5,985.00
GF Value MXN4,468.85
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Norfolk Southern Cash-to-Debt?

Norfolk Southern MEX:NSC 75 Cash-to-Debt is 0.06 as of Jun. 2026, which is 14% below its 10-year median of 0.07. GuruFocus rates MEX:NSC with a GF Score™ of 75/100 and a GF Value™ of MXN4,468.85 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,002 Transportation companies, Norfolk Southern ranks worse than 89.92% 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. Norfolk Southern's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.06.

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, Norfolk Southern 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 Norfolk Southern's Cash-to-Debt or its related term are showing as below:

MEX:NSC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.12
Current: 0.06

During the past 13 years, Norfolk Southern's highest Cash to Debt Ratio was 0.12. The lowest was 0.02. And the median was 0.07.

MEX:NSC's Cash-to-Debt is ranked worse than
89.92% of 1002 companies
in the Transportation industry
Industry Median: 0.49 vs MEX:NSC: 0.06

Norfolk Southern  (MEX:NSC) 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.


Norfolk Southern Cash-to-Debt Related Terms


Norfolk Southern Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Norfolk Southern'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.

Norfolk Southern Cash-to-Debt Chart

Norfolk Southern Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.09 0.09 0.09

Norfolk Southern Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.08 0.08 0.09 0.08 0.06

MEX:NSC vs CSX, WAB, TRN: Cash-to-Debt Comparison

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern Cash-to-Debt vs Transportation Industry

For the Transportation industry and Industrials sector, Norfolk Southern's Cash-to-Debt distribution charts can be found below:

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


MEX:NSC
75GF Score
Norfolk Southern Corp MEX:NSC
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norfolk Southern 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.

Norfolk Southern's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Norfolk Southern's Cash to Debt Ratio for the quarter that ended in Jun. 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 0.06 mean?
Norfolk Southern (MEX:NSC) has a Cash-to-Debt of 0.06 as of Jun. 2026. This is 14% below median its historical median of 0.07. Over the past decade, Norfolk Southern's Cash-to-Debt has ranged from 0.02 to 0.12. According to the industry distribution chart, Norfolk Southern ranks #901 out of 1002 companies in the Transportation industry, placing it in the top 89.9%.
Is Norfolk Southern's Cash-to-Debt too high?
Norfolk Southern's current Cash-to-Debt of 0.06 is 14% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.12. The Transportation industry median Cash-to-Debt is 0.49. Norfolk Southern's value of 0.06 is 87.8% below this industry median. Based on the distribution chart, Norfolk Southern ranks #901 out of 1002 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Norfolk Southern has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's Cash-to-Debt compare to CSX and WAB?
According to the Transportation industry distribution chart, Norfolk Southern ranks #901 out of 1002 companies for Cash-to-Debt. This places Norfolk Southern in the lower half of its industry. The industry median Cash-to-Debt is 0.49. Norfolk Southern's value of 0.06 is 87.8% below this benchmark. Historically, Norfolk Southern's own Cash-to-Debt has ranged from 0.02 to 0.12 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.49, Norfolk Southern 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 Transportation company?
The median Cash-to-Debt among Transportation companies is 0.49, based on 1,002 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. Norfolk Southern's current Cash-to-Debt of 0.06 is 87.8% 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 Transportation industry, the median Cash-to-Debt is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Southern's current Cash-to-Debt is 0.06, which is 14% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Southern stock overvalued right now?
Based on GuruFocus' analysis, Norfolk Southern (MEX:NSC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4,468.85, compared to a current price of MXN5,985.00 — trading 33.9% above its estimated fair value. The current Cash-to-Debt is 0.06, which is 14% below median its 10-year median of 0.07 and 87.8% below the Transportation industry median of 0.49. Norfolk Southern's overall GF Score™ is 75/100 with 8 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 Norfolk Southern (MEX:NSC), the current Cash-to-Debt is 0.06 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 Norfolk Southern (MEX:NSC) Overvalued in 2026?

Based on GuruFocus' analysis, Norfolk Southern stock appears to be overvalued. The current stock price of MXN5,985.00 is trading 33.9% above its estimated GF Value™ of MXN4,468.85. GuruFocus considers Norfolk Southern to be Significantly Overvalued.

Key valuation signals for MEX:NSC:

  • Cash-to-Debt: 0.06 (14% below median its 10-year median of 0.07)
  • GF Value™: MXN4,468.85 vs. price of MXN5,985.00 (33.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 87.8% below the Transportation median (#901 of 1002)

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


Norfolk Southern Business Description

Address 650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925
Class I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automotive, agricultural, metal, chemical, and forest products.
75GF Score

Get the complete analysis for MEX:NSC

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

MXN5,985.00
Price
MXN4,468.85
GF Value