Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
State StreetSTT +1.10%74 Cash-to-Debt is 4.97 as of Jun. 2026, which is 3% below its 10-year median of 5.15. GuruFocus rates STT with a GF Score™ of 74/100 and a GF Value™ of $125.70 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,412 Asset Management companies, State Street ranks worse than 50.64% 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. State Street's cash to debt ratio for the quarter that ended in Jun. 2026 was 4.97.
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, State Streetcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for State Street's Cash-to-Debt or its related term are showing as below:
STT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.09 Med: 5.15 Max: 8.64
Current: 4.97
During the past 13 years, State Street's highest Cash to Debt Ratio was 8.64. The lowest was 3.09. And the median was 5.15.
STT's Cash-to-Debt is ranked worse than 50.64% of 1412
companies
in the Asset Management industry
Industry Median: 5.84
vs STT: 4.97
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.
State Street Cash-to-Debt Related Terms
State Street Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for State Street'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 Asset Management subindustry, State Street'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.
State Street Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, State Street's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where State Street'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.
State Street (STT) has a Cash-to-Debt of 4.97 as of Jun. 2026. This is near median its historical median of 5.15. Over the past decade, State Street's Cash-to-Debt has ranged from 3.09 to 8.64. According to the industry distribution chart, State Street ranks #715 out of 1412 companies in the Asset Management industry, placing it in the top 50.6%.
Is State Street's Cash-to-Debt too high?
State Street's current Cash-to-Debt of 4.97 is near median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 8.64. The Asset Management industry median Cash-to-Debt is 5.84. State Street's value of 4.97 is 14.9% below this industry median. Based on the distribution chart, State Street ranks #715 out of 1412 companies in the Asset Management industry, which is below the industry midpoint. Overall, State Street has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does State Street's Cash-to-Debt compare to AMP and RJF?
According to the Asset Management industry distribution chart, State Street ranks #715 out of 1412 companies for Cash-to-Debt. This places State Street in the lower half of its industry. The industry median Cash-to-Debt is 5.84. State Street's value of 4.97 is 14.9% below this benchmark. Historically, State Street's own Cash-to-Debt has ranged from 3.09 to 8.64 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 5.84, State Street 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 Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.84, based on 1,412 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. State Street's current Cash-to-Debt of 4.97 is 14.9% 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 Asset Management industry, the median Cash-to-Debt is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Street's current Cash-to-Debt is 4.97, which is near median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Street stock overvalued right now?
Based on GuruFocus' analysis, State Street (STT) is currently considered Significantly Overvalued. The stock's GF Value™ is $125.70, compared to a current price of $193.40 — trading 53.9% above its estimated fair value. The current Cash-to-Debt is 4.97, which is near median its 10-year median of 5.15 and 14.9% below the Asset Management industry median of 5.84. State Street's overall GF Score™ is 74/100 with 9 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 State Street (STT), the current Cash-to-Debt is 4.97 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 State Street (STT) Overvalued in 2026?
Based on GuruFocus' analysis, State Street stock appears to be overvalued.
The current stock price of $193.40 is trading 53.9% above its estimated GF Value™ of $125.70.
GuruFocus considers State Street to be Significantly Overvalued.
Key valuation signals for STT:
Cash-to-Debt: 4.97 (near median its 10-year median of 5.15)
GF Value™: $125.70 vs. price of $193.40 (53.9% above fair value)
Industry Position: 14.9% below the Asset Management median (#715 of 1412)
No single metric tells the full story. See the STT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $54 trillion in assets under custody and administration, and $5.7 trillion in assets under management, as of Dec. 31, 2025, State Street operates globally in more than 100 geographic markets and employs about 51,500 worldwide.
74GF Score
Get the complete analysis for STT
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STT has been successfully added to your 
