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NanosonicsNNCSF 86 Cash-to-Debt is 6.71 as of Jun. 2026, which is 76% below its 10-year median of 28.08. GuruFocus rates NNCSF with a GF Score™ of 86/100 and a GF Value™ of $2.89 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 840 Medical Devices & Instruments companies, Nanosonics ranks better than 70.95% 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. Nanosonics's cash to debt ratio for the quarter that ended in Jun. 2026 was 6.71.
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, Nanosonicscould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Nanosonics's Cash-to-Debt or its related term are showing as below:
NNCSF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 6.71 Med: 28.08 Max: 138.54
Current: 6.71
During the past 13 years, Nanosonics's highest Cash to Debt Ratio was 138.54. The lowest was 6.71. And the median was 28.08.
NNCSF's Cash-to-Debt is ranked better than 70.95% of 840
companies
in the Medical Devices & Instruments industry
Industry Median: 1.635
vs NNCSF: 6.71
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.
Nanosonics Cash-to-Debt Related Terms
Nanosonics Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Nanosonics'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 Medical Instruments & Supplies subindustry, Nanosonics'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.
Nanosonics Cash-to-Debt vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nanosonics's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Nanosonics'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.
Nanosonics (NNCSF) has a Cash-to-Debt of 6.71 as of Jun. 2026. This is 76% below median its historical median of 28.08. Over the past decade, Nanosonics' Cash-to-Debt has ranged from 6.71 to 138.54. According to the industry distribution chart, Nanosonics ranks #244 out of 840 companies in the Medical Devices & Instruments industry, placing it in the top 29%.
Is Nanosonics' Cash-to-Debt too high?
Nanosonics' current Cash-to-Debt of 6.71 is 76% below median its 10-year median of 28.08. Over the past 10 years, this metric has ranged from a low of 6.71 to a high of 138.54. The Medical Devices & Instruments industry median Cash-to-Debt is 1.64. Nanosonics' value of 6.71 is 310.4% above this industry median. Based on the distribution chart, Nanosonics ranks #244 out of 840 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Nanosonics has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nanosonics' Cash-to-Debt compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Nanosonics ranks #244 out of 840 companies for Cash-to-Debt. This puts Nanosonics in the upper half of its industry. The industry median Cash-to-Debt is 1.64. Nanosonics' value of 6.71 is 310.4% above this benchmark. Historically, Nanosonics' own Cash-to-Debt has ranged from 6.71 to 138.54 over the past decade. While the company's 10-year median is 28.08 vs. the industry median of 1.64, Nanosonics 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 Medical Devices & Instruments company?
The median Cash-to-Debt among Medical Devices & Instruments companies is 1.64, based on 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. Nanosonics's current Cash-to-Debt of 6.71 is 310.4% 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 Medical Devices & Instruments 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. Nanosonics's current Cash-to-Debt is 6.71, which is 76% below median its own 10-year median of 28.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanosonics stock overvalued right now?
Based on GuruFocus' analysis, Nanosonics (NNCSF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.89, compared to a current price of $1.93 — trading 33.2% below its estimated fair value. The current Cash-to-Debt is 6.71, which is 76% below median its 10-year median of 28.08 and 310.4% above the Medical Devices & Instruments industry median of 1.64. Nanosonics' overall GF Score™ is 86/100 with 3 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 Nanosonics (NNCSF), the current Cash-to-Debt is 6.71 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 Nanosonics (NNCSF) Overvalued in 2026?
Based on GuruFocus' analysis, Nanosonics stock appears to be undervalued.
The current stock price of $1.93 is trading 33.2% below its estimated GF Value™ of $2.89.
GuruFocus considers Nanosonics to be Possible Value Trap.
Key valuation signals for NNCSF:
Cash-to-Debt: 6.71 (76% below median its 10-year median of 28.08)
GF Value™: $2.89 vs. price of $1.93 (33.2% below fair value)
Industry Position: 310.4% above the Medical Devices & Instruments median (#244 of 840)
No single metric tells the full story. See the NNCSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanosonics is largely a single-product firm, and its Trophon device provides high-level disinfection of ultrasound probes used in semicritical procedures. The patented technology uses low-temperature sonically activated hydrogen peroxide mist suitable for probes sensitive to damage. Automated HLD is increasingly being used as the standard of care globally as it is superior in preventing cross-infection of patients. Nanosonics' revenue consists of capital sales of Trophon units, ongoing consumables sales, and service revenue. By December 2025, there were 38,000 Trophon units installed globally. Market penetration rates range from over 75% in Australia and New Zealand, over 50% in the US to single-digit penetration in Europe, Middle East, and Africa, and elsewhere in the Asia-Pacific region.
86GF Score
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