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NatWest GroupRBSPF +2.80%73 Cash-to-Debt is 1.01 as of Jun. 2026, which is 62% below its 10-year median of 2.67. GuruFocus rates RBSPF with a GF Score™ of 73/100 and a GF Value™ of $6.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,491 Banks companies, NatWest Group ranks worse than 57.95% 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. NatWest Group's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.01.
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, NatWest Groupcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for NatWest Group's Cash-to-Debt or its related term are showing as below:
RBSPF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.01 Med: 2.67 Max: 23.55
Current: 1.01
During the past 13 years, NatWest Group's highest Cash to Debt Ratio was 23.55. The lowest was 1.01. And the median was 2.67.
RBSPF's Cash-to-Debt is ranked worse than 57.95% of 1491
companies
in the Banks industry
Industry Median: 1.38
vs RBSPF: 1.01
NatWest Group (OTCPK:RBSPF) 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.
NatWest Group Cash-to-Debt Related Terms
NatWest Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for NatWest Group'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 Banks - Regional subindustry, NatWest Group'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.
NatWest Group Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, NatWest Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where NatWest Group'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.
NatWest Group (RBSPF) has a Cash-to-Debt of 1.01 as of Jun. 2026. This is 62% below median its historical median of 2.67. Over the past decade, NatWest Group's Cash-to-Debt has ranged from 1.01 to 23.55. According to the industry distribution chart, NatWest Group ranks #864 out of 1491 companies in the Banks industry, placing it in the top 57.9%.
Is NatWest Group's Cash-to-Debt too high?
NatWest Group's current Cash-to-Debt of 1.01 is 62% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 23.55. The Banks industry median Cash-to-Debt is 1.38. NatWest Group's value of 1.01 is 26.8% below this industry median. Based on the distribution chart, NatWest Group ranks #864 out of 1491 companies in the Banks industry, which is below the industry midpoint. Overall, NatWest Group has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NatWest Group's Cash-to-Debt compare to competitors?
According to the Banks industry distribution chart, NatWest Group ranks #864 out of 1491 companies for Cash-to-Debt. This places NatWest Group in the lower half of its industry. The industry median Cash-to-Debt is 1.38. NatWest Group's value of 1.01 is 26.8% below this benchmark. Historically, NatWest Group's own Cash-to-Debt has ranged from 1.01 to 23.55 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.38, NatWest Group 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 Banks company?
The median Cash-to-Debt among Banks companies is 1.38, based on 1,491 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. NatWest Group's current Cash-to-Debt of 1.01 is 26.8% 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 Banks industry, the median Cash-to-Debt is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NatWest Group's current Cash-to-Debt is 1.01, which is 62% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NatWest Group stock overvalued right now?
Based on GuruFocus' analysis, NatWest Group (RBSPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.96, compared to a current price of $9.18 — trading 31.9% above its estimated fair value. The current Cash-to-Debt is 1.01, which is 62% below median its 10-year median of 2.67 and 26.8% below the Banks industry median of 1.38. NatWest Group's overall GF Score™ is 73/100 with 5 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 NatWest Group (RBSPF), the current Cash-to-Debt is 1.01 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 NatWest Group (RBSPF) Overvalued in 2026?
Based on GuruFocus' analysis, NatWest Group stock appears to be overvalued.
The current stock price of $9.18 is trading 31.9% above its estimated GF Value™ of $6.96.
GuruFocus considers NatWest Group to be Significantly Overvalued.
Key valuation signals for RBSPF:
Cash-to-Debt: 1.01 (62% below median its 10-year median of 2.67)
GF Value™: $6.96 vs. price of $9.18 (31.9% above fair value)
Industry Position: 26.8% below the Banks median (#864 of 1491)
No single metric tells the full story. See the RBSPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the UK, offering clients lending and payment services as well as asset management services.
73GF Score
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