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Nongfu Spring CoNNFSF 87 Cash-to-Debt is 4.17 as of Dec. 2025, which is 28% below its 10-year median of 5.79. GuruFocus rates NNFSF with a GF Score™ of 87/100 and a GF Value™ of $8.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Nongfu Spring Co ranks better than 68.97% 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. Nongfu Spring Co's cash to debt ratio for the quarter that ended in Dec. 2025 was 4.17.
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, Nongfu Spring Cocould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Nongfu Spring Co's Cash-to-Debt or its related term are showing as below:
NNFSF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.24 Med: 5.79 Max: 121.37
Current: 4.17
During the past 9 years, Nongfu Spring Co's highest Cash to Debt Ratio was 121.37. The lowest was 1.24. And the median was 5.79.
NNFSF's Cash-to-Debt is ranked better than 68.97% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.865
vs NNFSF: 4.17
Nongfu Spring Co (OTCPK:NNFSF) 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.
Nongfu Spring Co Cash-to-Debt Related Terms
Nongfu Spring Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Nongfu Spring Co'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 Beverages - Non-Alcoholic subindustry, Nongfu Spring Co'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.
Nongfu Spring Co Cash-to-Debt vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Nongfu Spring Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Nongfu Spring Co'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.
Nongfu Spring Co (NNFSF) has a Cash-to-Debt of 4.17 as of Dec. 2025. This is 28% below median its historical median of 5.79. Over the past decade, Nongfu Spring Co's Cash-to-Debt has ranged from 1.24 to 121.37. According to the industry distribution chart, Nongfu Spring Co ranks #36 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 31%.
Is Nongfu Spring Co's Cash-to-Debt too high?
Nongfu Spring Co's current Cash-to-Debt of 4.17 is 28% below median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 121.37. The Beverages - Non-Alcoholic industry median Cash-to-Debt is 0.87. Nongfu Spring Co's value of 4.17 is 382.1% above this industry median. Based on the distribution chart, Nongfu Spring Co ranks #36 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Nongfu Spring Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nongfu Spring Co's Cash-to-Debt compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Nongfu Spring Co ranks #36 out of 116 companies for Cash-to-Debt. This puts Nongfu Spring Co in the upper half of its industry. The industry median Cash-to-Debt is 0.87. Nongfu Spring Co's value of 4.17 is 382.1% above this benchmark. Historically, Nongfu Spring Co's own Cash-to-Debt has ranged from 1.24 to 121.37 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 0.87, Nongfu Spring Co 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 Beverages - Non-Alcoholic company?
The median Cash-to-Debt among Beverages - Non-Alcoholic companies is 0.87, based on 116 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. Nongfu Spring Co's current Cash-to-Debt of 4.17 is 382.1% 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 Beverages - Non-Alcoholic industry, the median Cash-to-Debt is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nongfu Spring Co's current Cash-to-Debt is 4.17, which is 28% below median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nongfu Spring Co stock overvalued right now?
Based on GuruFocus' analysis, Nongfu Spring Co (NNFSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.62, compared to a current price of $5.46 — trading 36.7% below its estimated fair value. The current Cash-to-Debt is 4.17, which is 28% below median its 10-year median of 5.79 and 382.1% above the Beverages - Non-Alcoholic industry median of 0.87. Nongfu Spring Co's overall GF Score™ is 87/100 with 2 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 Nongfu Spring Co (NNFSF), the current Cash-to-Debt is 4.17 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.
Is Nongfu Spring Co (NNFSF) Overvalued in 2026?
Based on GuruFocus' analysis, Nongfu Spring Co stock appears to be undervalued.
The current stock price of $5.46 is trading 36.7% below its estimated GF Value™ of $8.62.
GuruFocus considers Nongfu Spring Co to be Significantly Undervalued.
Key valuation signals for NNFSF:
Cash-to-Debt: 4.17 (28% below median its 10-year median of 5.79)
GF Value™: $8.62 vs. price of $5.46 (36.7% below fair value)
Industry Position: 382.1% above the Beverages - Non-Alcoholic median (#36 of 116)
No single metric tells the full story. See the NNFSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1996, Nongfu Spring is a leading beverage producer with products primarily in the packaged water, ready-to-drink tea, juice, coffee, and functional beverages sectors in China. It holds the number-one share in the bottled water market; this segment contributed approximately 40% of the firm's revenue and EBIT in 2024.
87GF Score
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