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Materialise NVMTLS -2.99%62 Cash-to-Debt is 2.21 as of Mar. 2026, which is 25% above its 10-year median of 1.77. GuruFocus rates MTLS with a GF Score™ of 62/100. The stock has 4 warning signs investors should review. Among 2,796 Software companies, Materialise NV ranks worse than 52.07% 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. Materialise NV's cash to debt ratio for the quarter that ended in Mar. 2026 was 2.21.
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, Materialise NVcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Materialise NV's Cash-to-Debt or its related term are showing as below:
MTLS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 1.77 Max: 2.86
Current: 2.21
During the past 13 years, Materialise NV's highest Cash to Debt Ratio was 2.86. The lowest was 0.46. And the median was 1.77.
MTLS's Cash-to-Debt is ranked worse than 52.07% of 2796
companies
in the Software industry
Industry Median: 2.555
vs MTLS: 2.21
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.
Materialise NV Cash-to-Debt Related Terms
Materialise NV Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Materialise NV'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 Software - Application subindustry, Materialise NV'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.
Materialise NV Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, Materialise NV's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Materialise NV'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.
Materialise NV (MTLS) has a Cash-to-Debt of 2.21 as of Mar. 2026. This is 25% above median its historical median of 1.77. Over the past decade, Materialise NV's Cash-to-Debt has ranged from 0.46 to 2.86. According to the industry distribution chart, Materialise NV ranks #1456 out of 2796 companies in the Software industry, placing it in the top 52.1%.
Is Materialise NV's Cash-to-Debt too high?
Materialise NV's current Cash-to-Debt of 2.21 is 25% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.86. The Software industry median Cash-to-Debt is 2.56. Materialise NV's value of 2.21 is 13.5% below this industry median. Based on the distribution chart, Materialise NV ranks #1456 out of 2796 companies in the Software industry, which is below the industry midpoint. Overall, Materialise NV has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's Cash-to-Debt compare to QH and SHOP?
According to the Software industry distribution chart, Materialise NV ranks #1456 out of 2796 companies for Cash-to-Debt. This places Materialise NV in the lower half of its industry. The industry median Cash-to-Debt is 2.56. Materialise NV's value of 2.21 is 13.5% below this benchmark. Historically, Materialise NV's own Cash-to-Debt has ranged from 0.46 to 2.86 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.56, Materialise NV 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 2.56, based on 2,796 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. Materialise NV's current Cash-to-Debt of 2.21 is 13.5% 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 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materialise NV's current Cash-to-Debt is 2.21, which is 25% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materialise NV stock overvalued right now?
Materialise NV (MTLS) has a current Cash-to-Debt of 2.21. The current Cash-to-Debt is 2.21, which is 25% above median its 10-year median of 1.77 and 13.5% below the Software industry median of 2.56. Materialise NV'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 Materialise NV (MTLS), the current Cash-to-Debt is 2.21 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.
Materialise NV is a provider of 3D-printed medical devices and software and a pioneer in additive manufacturing software and services. The company operates through three principal segments: Materialise Software, Materialise Medical, and Materialise Manufacturing, with the Materialise Medical segment generating maximum revenue. The Materialise Medical segment develops and delivers medical software solutions, medical devices, and related products and services; the Materialise Software segment develops and delivers additive manufacturing software solutions and related services; and the Materialise Manufacturing segment delivers 3D-printed products and related services. The company generates maximum revenue from the United States of America.
62GF Score
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