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ASML Holding NVXSWX:ASML +4.54%80 Cash-to-Debt is 3.82 as of Jun. 2026, which is 226% above its 10-year median of 1.17. GuruFocus rates XSWX:ASML with a GF Score™ of 80/100 and a GF Value™ of CHF926.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,025 Semiconductors companies, ASML Holding NV ranks better than 63.32% 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. ASML Holding NV's cash to debt ratio for the quarter that ended in Jun. 2026 was 3.82.
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, ASML Holding NVcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for ASML Holding NV's Cash-to-Debt or its related term are showing as below:
XSWX:ASML'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.65 Med: 1.17 Max: 3.82
Current: 3.82
During the past 13 years, ASML Holding NV's highest Cash to Debt Ratio was 3.82. The lowest was 0.65. And the median was 1.17.
XSWX:ASML's Cash-to-Debt is ranked better than 63.32% of 1025
companies
in the Semiconductors industry
Industry Median: 1.68
vs XSWX:ASML: 3.82
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.
ASML Holding NV Cash-to-Debt Related Terms
ASML Holding NV Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for ASML Holding NV'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.
XSWX:ASML vs AMAT, LRCX, KLAC: Cash-to-Debt Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.
ASML Holding NV Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where ASML Holding NV'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.
ASML Holding NV (XSWX:ASML) has a Cash-to-Debt of 3.82 as of Jun. 2026. This is 226% above median its historical median of 1.17. Over the past decade, ASML Holding NV's Cash-to-Debt has ranged from 0.65 to 3.82. According to the industry distribution chart, ASML Holding NV ranks #376 out of 1025 companies in the Semiconductors industry, placing it in the top 36.7%.
Is ASML Holding NV's Cash-to-Debt too high?
ASML Holding NV's current Cash-to-Debt of 3.82 is 226% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.82. The Semiconductors industry median Cash-to-Debt is 1.68. ASML Holding NV's value of 3.82 is 127.4% above this industry median. Based on the distribution chart, ASML Holding NV ranks #376 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ASML Holding NV has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Cash-to-Debt compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #376 out of 1025 companies for Cash-to-Debt. This puts ASML Holding NV in the upper half of its industry. The industry median Cash-to-Debt is 1.68. ASML Holding NV's value of 3.82 is 127.4% above this benchmark. Historically, ASML Holding NV's own Cash-to-Debt has ranged from 0.65 to 3.82 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.68, ASML Holding NV has consistently been above 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 1.68, based on 1,025 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. ASML Holding NV's current Cash-to-Debt of 3.82 is 127.4% above 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 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Cash-to-Debt is 3.82, which is 226% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (XSWX:ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF926.76, compared to a current price of CHF1,477.00 — trading 59.4% above its estimated fair value. The current Cash-to-Debt is 3.82, which is 226% above median its 10-year median of 1.17 and 127.4% above the Semiconductors industry median of 1.68. ASML Holding NV's overall GF Score™ is 80/100 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 ASML Holding NV (XSWX:ASML), the current Cash-to-Debt is 3.82 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 ASML Holding NV (XSWX:ASML) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of CHF1,477.00 is trading 59.4% above its estimated GF Value™ of CHF926.76.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for XSWX:ASML:
Cash-to-Debt: 3.82 (226% above median its 10-year median of 1.17)
GF Value™: CHF926.76 vs. price of CHF1,477.00 (59.4% above fair value)
Industry Position: 127.4% above the Semiconductors median (#376 of 1025)
No single metric tells the full story. See the XSWX:ASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
80GF Score
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