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BellePHS:BEL -1.71%74 Cash-to-Debt is 0.32 as of Jun. 2026, which is 19% above its 10-year median of 0.27. GuruFocus rates PHS:BEL with a GF Score™ of 74/100 and a GF Value™ of ₱1.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,745 Real Estate companies, Belle ranks better than 56.1% 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. Belle's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.32.
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, Bellecouldn'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 Belle's Cash-to-Debt or its related term are showing as below:
PHS:BEL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.27 Max: 0.77
Current: 0.32
During the past 13 years, Belle's highest Cash to Debt Ratio was 0.77. The lowest was 0.12. And the median was 0.27.
PHS:BEL's Cash-to-Debt is ranked better than 56.1% of 1745
companies
in the Real Estate industry
Industry Median: 0.25
vs PHS:BEL: 0.32
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.
Belle Cash-to-Debt Related Terms
Belle Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Belle'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 Real Estate - Diversified subindustry, Belle'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.
Belle Cash-to-Debt vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Belle's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Belle'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.
Belle (PHS:BEL) has a Cash-to-Debt of 0.32 as of Jun. 2026. This is 19% above median its historical median of 0.27. Over the past decade, Belle's Cash-to-Debt has ranged from 0.12 to 0.77. According to the industry distribution chart, Belle ranks #766 out of 1745 companies in the Real Estate industry, placing it in the top 43.9%.
Is Belle's Cash-to-Debt too high?
Belle's current Cash-to-Debt of 0.32 is 19% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.77. The Real Estate industry median Cash-to-Debt is 0.25. Belle's value of 0.32 is 28% above this industry median. Based on the distribution chart, Belle ranks #766 out of 1745 companies in the Real Estate industry, which is above the industry midpoint. Overall, Belle has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belle's Cash-to-Debt compare to competitors?
According to the Real Estate industry distribution chart, Belle ranks #766 out of 1745 companies for Cash-to-Debt. This puts Belle in the upper half of its industry. The industry median Cash-to-Debt is 0.25. Belle's value of 0.32 is 28% above this benchmark. Historically, Belle's own Cash-to-Debt has ranged from 0.12 to 0.77 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.25, Belle 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 Real Estate company?
The median Cash-to-Debt among Real Estate companies is 0.25, based on 1,745 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. Belle's current Cash-to-Debt of 0.32 is 28% 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 Real Estate industry, the median Cash-to-Debt is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belle's current Cash-to-Debt is 0.32, which is 19% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belle stock overvalued right now?
Based on GuruFocus' analysis, Belle (PHS:BEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1.39, compared to a current price of ₱1.15 — trading 17.3% below its estimated fair value. The current Cash-to-Debt is 0.32, which is 19% above median its 10-year median of 0.27 and 28% above the Real Estate industry median of 0.25. Belle's overall GF Score™ is 74/100 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 Belle (PHS:BEL), the current Cash-to-Debt is 0.32 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 Belle (PHS:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Belle stock appears to be undervalued.
The current stock price of ₱1.15 is trading 17.3% below its estimated GF Value™ of ₱1.39.
GuruFocus considers Belle to be Modestly Undervalued.
Key valuation signals for PHS:BEL:
Cash-to-Debt: 0.32 (19% above median its 10-year median of 0.27)
GF Value™: ₱1.39 vs. price of ₱1.15 (17.3% below fair value)
Industry Position: 28% above the Real Estate median (#766 of 1745)
No single metric tells the full story. See the PHS:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belle Corporation is a developer of resort destinations, gaming, and leisure properties in the Philippines, such as City of Dreams Manila and Tagaytay Highlands. Additionally, it owns real estate assets in the Tagaytay Highlands, Midlands, and Greenlands complexes, where it develops premium residential resort projects south of Metro Manila and holds majority proprietary shares in its exclusive club and golf facilities. The Group's operating business segments are: Real Estate Development and Property Management, which generates maximum revenue; Gaming and Gaming Related Activities; and Others.
74GF Score
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