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PDF SolutionsPDFS -2.47%79 Cash-to-Debt is 0.43 as of Mar. 2026, which is 98% below its 10-year median of 19.62. GuruFocus rates PDFS with a GF Score™ of 79/100 and a GF Value™ of $42.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,849 Software companies, PDF Solutions ranks worse than 77.96% 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. PDF Solutions's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.43.
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, PDF Solutionscouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for PDF Solutions's Cash-to-Debt or its related term are showing as below:
PDFS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 19.62 Max: No Debt
Current: 0.43
During the past 13 years, PDF Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 0.43. And the median was 19.62.
PDFS's Cash-to-Debt is ranked worse than 77.96% of 2849
companies
in the Software industry
Industry Median: 2.53
vs PDFS: 0.43
PDF Solutions (NAS:PDFS) 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.
PDF Solutions Cash-to-Debt Related Terms
PDF Solutions Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for PDF Solutions'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, PDF Solutions'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.
PDF Solutions Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, PDF Solutions's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where PDF Solutions'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.
PDF Solutions (PDFS) has a Cash-to-Debt of 0.43 as of Mar. 2026. This is 98% below median its historical median of 19.62. Over the past decade, PDF Solutions' Cash-to-Debt has ranged from 0.43 to 10,000.00. According to the industry distribution chart, PDF Solutions ranks #2221 out of 2849 companies in the Software industry, placing it in the top 78%.
Is PDF Solutions' Cash-to-Debt too high?
PDF Solutions' current Cash-to-Debt of 0.43 is 98% below median its 10-year median of 19.62. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 10,000.00. The Software industry median Cash-to-Debt is 2.53. PDF Solutions' value of 0.43 is 83% below this industry median. Based on the distribution chart, PDF Solutions ranks #2221 out of 2849 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, PDF Solutions has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PDF Solutions' Cash-to-Debt compare to FSLY and KC?
According to the Software industry distribution chart, PDF Solutions ranks #2221 out of 2849 companies for Cash-to-Debt. This places PDF Solutions in the lower half of its industry. The industry median Cash-to-Debt is 2.53. PDF Solutions' value of 0.43 is 83% below this benchmark. Historically, PDF Solutions' own Cash-to-Debt has ranged from 0.43 to 10,000.00 over the past decade. While the company's 10-year median is 19.62 vs. the industry median of 2.53, PDF Solutions 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 2.53, based on 2,849 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. PDF Solutions's current Cash-to-Debt of 0.43 is 83% 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 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PDF Solutions's current Cash-to-Debt is 0.43, which is 98% below median its own 10-year median of 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDF Solutions stock overvalued right now?
Based on GuruFocus' analysis, PDF Solutions (PDFS) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.07, compared to a current price of $52.10 — trading 23.8% above its estimated fair value. The current Cash-to-Debt is 0.43, which is 98% below median its 10-year median of 19.62 and 83% below the Software industry median of 2.53. PDF Solutions' overall GF Score™ is 79/100 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 PDF Solutions (PDFS), the current Cash-to-Debt is 0.43 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.
Is PDF Solutions (PDFS) Overvalued in 2026?
Based on GuruFocus' analysis, PDF Solutions stock appears to be overvalued.
The current stock price of $52.10 is trading 23.8% above its estimated GF Value™ of $42.07.
GuruFocus considers PDF Solutions to be Modestly Overvalued.
Key valuation signals for PDFS:
Cash-to-Debt: 0.43 (98% below median its 10-year median of 19.62)
GF Value™: $42.07 vs. price of $52.10 (23.8% above fair value)
Industry Position: 83% below the Software median (#2221 of 2849)
No single metric tells the full story. See the PDFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PDF Solutions Inc provides products and services designed to empower organizations across the semiconductor and electronics ecosystem to connect, collect, manage, and analyze data about design, equipment, manufacturing, and test to improve the yield and quality of their products and operational efficiency. The Company's products, services, and solutions include proprietary software, physical intellectual property (IP) for integrated circuit (IC) designs, electrical measurement hardware tools, methodologies, and professional services.
79GF Score
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