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Manila Water CoPHS:MWC +1.84%87 Cash-to-Debt is 0.03 as of Jun. 2026, which is 77% below its 10-year median of 0.13. GuruFocus rates PHS:MWC with a GF Score™ of 87/100 and a GF Value™ of ₱35.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 480 Utilities - Regulated companies, Manila Water Co ranks worse than 87.92% 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. Manila Water Co's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.03.
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, Manila Water Cocouldn'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 Manila Water Co's Cash-to-Debt or its related term are showing as below:
PHS:MWC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.39
Current: 0.03
During the past 13 years, Manila Water Co's highest Cash to Debt Ratio was 0.39. The lowest was 0.03. And the median was 0.13.
PHS:MWC's Cash-to-Debt is ranked worse than 87.92% of 480
companies
in the Utilities - Regulated industry
Industry Median: 0.22
vs PHS:MWC: 0.03
Manila Water Co (PHS:MWC) 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.
Manila Water Co Cash-to-Debt Related Terms
Manila Water Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Manila Water 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.
PHS:MWC vs AWK, WTRG, AWR: Cash-to-Debt Comparison
For the Utilities - Regulated Water subindustry, Manila Water 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.
Manila Water Co Cash-to-Debt vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Manila Water 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.
Manila Water Co (PHS:MWC) has a Cash-to-Debt of 0.03 as of Jun. 2026. This is 77% below median its historical median of 0.13. Over the past decade, Manila Water Co's Cash-to-Debt has ranged from 0.03 to 0.39. According to the industry distribution chart, Manila Water Co ranks #422 out of 480 companies in the Utilities - Regulated industry, placing it in the top 87.9%.
Is Manila Water Co's Cash-to-Debt too high?
Manila Water Co's current Cash-to-Debt of 0.03 is 77% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.39. The Utilities - Regulated industry median Cash-to-Debt is 0.22. Manila Water Co's value of 0.03 is 86.4% below this industry median. Based on the distribution chart, Manila Water Co ranks #422 out of 480 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Manila Water Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Cash-to-Debt compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #422 out of 480 companies for Cash-to-Debt. This places Manila Water Co in the lower half of its industry. The industry median Cash-to-Debt is 0.22. Manila Water Co's value of 0.03 is 86.4% below this benchmark. Historically, Manila Water Co's own Cash-to-Debt has ranged from 0.03 to 0.39 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.22, Manila Water Co 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 an Utilities - Regulated company?
The median Cash-to-Debt among Utilities - Regulated companies is 0.22, based on 480 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. Manila Water Co's current Cash-to-Debt of 0.03 is 86.4% 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 Utilities - Regulated industry, the median Cash-to-Debt is 0.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current Cash-to-Debt is 0.03, which is 77% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Water Co (PHS:MWC) is currently considered Fairly Valued. The stock's GF Value™ is ₱35.73, compared to a current price of ₱35.95 — trading 0.6% above its estimated fair value. The current Cash-to-Debt is 0.03, which is 77% below median its 10-year median of 0.13 and 86.4% below the Utilities - Regulated industry median of 0.22. Manila Water Co's overall GF Score™ is 87/100 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 Manila Water Co (PHS:MWC), the current Cash-to-Debt is 0.03 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 Manila Water Co (PHS:MWC) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Water Co stock appears to be overvalued.
The current stock price of ₱35.95 is trading 0.6% above its estimated GF Value™ of ₱35.73.
GuruFocus considers Manila Water Co to be Fairly Valued.
Key valuation signals for PHS:MWC:
Cash-to-Debt: 0.03 (77% below median its 10-year median of 0.13)
GF Value™: ₱35.73 vs. price of ₱35.95 (0.6% above fair value)
Industry Position: 86.4% below the Utilities - Regulated median (#422 of 480)
No single metric tells the full story. See the PHS:MWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
87GF Score
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