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HLS TherapeuticsTSX:HLS -2.01%65 Cash-to-Debt is 0.33 as of Jun. 2026, which is 32% above its 10-year median of 0.25. GuruFocus rates TSX:HLS with a GF Score™ of 65/100 and a GF Value™ of C$4.45 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 984 Drug Manufacturers companies, HLS Therapeutics ranks worse than 70.93% 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. HLS Therapeutics's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.33.
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, HLS Therapeuticscouldn'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 HLS Therapeutics's Cash-to-Debt or its related term are showing as below:
TSX:HLS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: No Debt
Current: 0.29
During the past 13 years, HLS Therapeutics's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 0.25.
TSX:HLS's Cash-to-Debt is ranked worse than 70.93% of 984
companies
in the Drug Manufacturers industry
Industry Median: 0.96
vs TSX:HLS: 0.29
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.
HLS Therapeutics Cash-to-Debt Related Terms
HLS Therapeutics Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for HLS Therapeutics'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 Drug Manufacturers - Specialty & Generic subindustry, HLS Therapeutics'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.
HLS Therapeutics Cash-to-Debt vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, HLS Therapeutics's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where HLS Therapeutics'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.
HLS Therapeutics (TSX:HLS) has a Cash-to-Debt of 0.33 as of Jun. 2026. This is 32% above median its historical median of 0.25. Over the past decade, HLS Therapeutics' Cash-to-Debt has ranged from 0.10 to 10,000.00. According to the industry distribution chart, HLS Therapeutics ranks #698 out of 984 companies in the Drug Manufacturers industry, placing it in the top 70.9%.
Is HLS Therapeutics' Cash-to-Debt too high?
HLS Therapeutics' current Cash-to-Debt of 0.33 is 32% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 10,000.00. The Drug Manufacturers industry median Cash-to-Debt is 0.96. HLS Therapeutics' value of 0.33 is 65.6% below this industry median. Based on the distribution chart, HLS Therapeutics ranks #698 out of 984 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, HLS Therapeutics has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLS Therapeutics' Cash-to-Debt compare to ZTS?
According to the Drug Manufacturers industry distribution chart, HLS Therapeutics ranks #698 out of 984 companies for Cash-to-Debt. This places HLS Therapeutics in the lower half of its industry. The industry median Cash-to-Debt is 0.96. HLS Therapeutics' value of 0.33 is 65.6% below this benchmark. Historically, HLS Therapeutics' own Cash-to-Debt has ranged from 0.10 to 10,000.00 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.96, HLS Therapeutics 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 Drug Manufacturers company?
The median Cash-to-Debt among Drug Manufacturers companies is 0.96, based on 984 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. HLS Therapeutics's current Cash-to-Debt of 0.33 is 65.6% 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 Drug Manufacturers industry, the median Cash-to-Debt is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HLS Therapeutics's current Cash-to-Debt is 0.33, which is 32% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLS Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, HLS Therapeutics (TSX:HLS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$4.45, compared to a current price of C$3.91 — trading 12.1% below its estimated fair value. The current Cash-to-Debt is 0.33, which is 32% above median its 10-year median of 0.25 and 65.6% below the Drug Manufacturers industry median of 0.96. HLS Therapeutics' overall GF Score™ is 65/100 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 HLS Therapeutics (TSX:HLS), the current Cash-to-Debt is 0.33 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 HLS Therapeutics (TSX:HLS) Overvalued in 2026?
Based on GuruFocus' analysis, HLS Therapeutics stock appears to be undervalued.
The current stock price of C$3.91 is trading 12.1% below its estimated GF Value™ of C$4.45.
GuruFocus considers HLS Therapeutics to be Modestly Undervalued.
Key valuation signals for TSX:HLS:
Cash-to-Debt: 0.33 (32% above median its 10-year median of 0.25)
GF Value™: C$4.45 vs. price of C$3.91 (12.1% below fair value)
Industry Position: 65.6% below the Drug Manufacturers median (#698 of 984)
No single metric tells the full story. See the TSX:HLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HLS Therapeutics Inc is a specialty pharmaceutical company. It is focused on the acquisition and commercialization of branded pharmaceutical products in the North American markets. The company's products include Clozaril, Vascepa, CSAN Pronto, and others. The company earns revenue in the form of product sales and royalties, out of which product sales contribute to the majority of the revenue. The company operates in Canada, the United States, and the Rest of world, with the majority of its revenue generated from Canada.
65GF Score
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