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ImpinjPI +1.00%74 Cash-to-Debt is 0.50 as of Jun. 2026, which is 55% below its 10-year median of 1.11. GuruFocus rates PI with a GF Score™ of 74/100 and a GF Value™ of $136.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,026 Semiconductors companies, Impinj ranks worse than 73.88% 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. Impinj's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.50.
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, Impinjcouldn'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 Impinj's Cash-to-Debt or its related term are showing as below:
PI'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 1.11 Max: 6.66
Current: 0.5
During the past 13 years, Impinj's highest Cash to Debt Ratio was 6.66. The lowest was 0.37. And the median was 1.11.
PI's Cash-to-Debt is ranked worse than 73.88% of 1026
companies
in the Semiconductors industry
Industry Median: 1.64
vs PI: 0.50
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.
Impinj Cash-to-Debt Related Terms
Impinj Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Impinj'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 Semiconductors subindustry, Impinj'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.
Impinj Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Impinj's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Impinj'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.
Impinj (PI) has a Cash-to-Debt of 0.50 as of Jun. 2026. This is 55% below median its historical median of 1.11. Over the past decade, Impinj's Cash-to-Debt has ranged from 0.37 to 6.66. According to the industry distribution chart, Impinj ranks #758 out of 1026 companies in the Semiconductors industry, placing it in the top 73.9%.
Is Impinj's Cash-to-Debt too high?
Impinj's current Cash-to-Debt of 0.50 is 55% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.66. The Semiconductors industry median Cash-to-Debt is 1.64. Impinj's value of 0.50 is 69.5% below this industry median. Based on the distribution chart, Impinj ranks #758 out of 1026 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Impinj has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Cash-to-Debt compare to LASR and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #758 out of 1026 companies for Cash-to-Debt. This places Impinj in the lower half of its industry. The industry median Cash-to-Debt is 1.64. Impinj's value of 0.50 is 69.5% below this benchmark. Historically, Impinj's own Cash-to-Debt has ranged from 0.37 to 6.66 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.64, Impinj 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 Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,026 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. Impinj's current Cash-to-Debt of 0.50 is 69.5% 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 Semiconductors 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. Impinj's current Cash-to-Debt is 0.50, which is 55% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (PI) is currently considered Modestly Overvalued. The stock's GF Value™ is $136.67, compared to a current price of $165.02 — trading 20.7% above its estimated fair value. The current Cash-to-Debt is 0.50, which is 55% below median its 10-year median of 1.11 and 69.5% below the Semiconductors industry median of 1.64. Impinj'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 Impinj (PI), the current Cash-to-Debt is 0.50 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 Impinj (PI) Overvalued in 2026?
Based on GuruFocus' analysis, Impinj stock appears to be overvalued.
The current stock price of $165.02 is trading 20.7% above its estimated GF Value™ of $136.67.
GuruFocus considers Impinj to be Modestly Overvalued.
Key valuation signals for PI:
Cash-to-Debt: 0.50 (55% below median its 10-year median of 1.11)
GF Value™: $136.67 vs. price of $165.02 (20.7% above fair value)
Industry Position: 69.5% below the Semiconductors median (#758 of 1026)
No single metric tells the full story. See the PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
74GF Score
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