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ToastTOST +0.43%85 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 32.19. GuruFocus rates TOST with a GF Score™ of 85/100 and a GF Value™ of $39.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,844 Software companies, Toast ranks better than 84.6% 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. Toast's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
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, Toastcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
The historical rank and industry rank for Toast's Cash-to-Debt or its related term are showing as below:
TOST'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.38 Med: 32.19 Max: No Debt
Current: 100.77
During the past 7 years, Toast's highest Cash to Debt Ratio was No Debt. The lowest was 3.38. And the median was 32.19.
TOST's Cash-to-Debt is ranked better than 84.6% of 2844
companies
in the Software industry
Industry Median: 2.545
vs TOST: 100.77
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.
Toast Cash-to-Debt Related Terms
Toast Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Toast'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 Software - Infrastructure subindustry, Toast'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.
Toast Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, Toast's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Toast's Cash-to-Debt falls into.
Toast's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Toast had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Toast (TOST) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 97% below median its historical median of 32.19. Over the past decade, Toast's Cash-to-Debt has ranged from 3.38 to 10,000.00. According to the industry distribution chart, Toast ranks #438 out of 2844 companies in the Software industry, placing it in the top 15.4%.
Is Toast's Cash-to-Debt too high?
Toast's current Cash-to-Debt of No Debt (1) is 97% below median its 10-year median of 32.19. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 10,000.00. Based on the distribution chart, Toast ranks #438 out of 2844 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Toast has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toast's Cash-to-Debt compare to AKAM and GEN?
According to the Software industry distribution chart, Toast ranks #438 out of 2844 companies for Cash-to-Debt. This places Toast in the top 15% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 2.55. Historically, Toast's own Cash-to-Debt has ranged from 3.38 to 10,000.00 over the past decade. 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 Software company?
The median Cash-to-Debt among Software companies is 2.55, based on 2,844 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. 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 Software industry, the median Cash-to-Debt is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toast's current Cash-to-Debt is No Debt (1), which is 97% below median its own 10-year median of 32.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toast stock overvalued right now?
Based on GuruFocus' analysis, Toast (TOST) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.33, compared to a current price of $35.31 — trading 10.2% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 97% below median its 10-year median of 32.19. Toast's overall GF Score™ is 85/100 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 Toast (TOST), the current Cash-to-Debt is No Debt (1) 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 Toast (TOST) Overvalued in 2026?
Based on GuruFocus' analysis, Toast stock appears to be undervalued.
The current stock price of $35.31 is trading 10.2% below its estimated GF Value™ of $39.33.
GuruFocus considers Toast to be Modestly Undervalued.
Key valuation signals for TOST:
Cash-to-Debt: No Debt (1) (97% below median its 10-year median of 32.19)
GF Value™: $39.33 vs. price of $35.31 (10.2% below fair value)
No single metric tells the full story. See the TOST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.
85GF Score
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