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Bristol-Myers Squibb CoXSWX:BMY 72 Cash-to-Debt is 0.25 as of Jun. 2026, which is 22% below its 10-year median of 0.32. GuruFocus rates XSWX:BMY with a GF Score™ of 72/100 and a GF Value™ of CHF45.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 978 Drug Manufacturers companies, Bristol-Myers Squibb Co ranks worse than 74.13% 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. Bristol-Myers Squibb Co's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.25.
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, Bristol-Myers Squibb Cocouldn'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 Bristol-Myers Squibb Co's Cash-to-Debt or its related term are showing as below:
XSWX:BMY'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.32 Max: 1.45
Current: 0.25
During the past 13 years, Bristol-Myers Squibb Co's highest Cash to Debt Ratio was 1.45. The lowest was 0.12. And the median was 0.32.
XSWX:BMY's Cash-to-Debt is ranked worse than 74.13% of 978
companies
in the Drug Manufacturers industry
Industry Median: 0.97
vs XSWX:BMY: 0.25
Bristol-Myers Squibb Co (XSWX:BMY) 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.
Bristol-Myers Squibb Co Cash-to-Debt Related Terms
Bristol-Myers Squibb Co Cash-to-Debt Historical Data
* 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:BMY vs PFE, GILD, AMGN: Cash-to-Debt Comparison
For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co'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.
Bristol-Myers Squibb Co Cash-to-Debt vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Bristol-Myers Squibb Co'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.
Bristol-Myers Squibb Co (XSWX:BMY) has a Cash-to-Debt of 0.25 as of Jun. 2026. This is 22% below median its historical median of 0.32. Over the past decade, Bristol-Myers Squibb Co's Cash-to-Debt has ranged from 0.12 to 1.45. According to the industry distribution chart, Bristol-Myers Squibb Co ranks #725 out of 978 companies in the Drug Manufacturers industry, placing it in the top 74.1%.
Is Bristol-Myers Squibb Co's Cash-to-Debt too high?
Bristol-Myers Squibb Co's current Cash-to-Debt of 0.25 is 22% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.45. The Drug Manufacturers industry median Cash-to-Debt is 0.97. Bristol-Myers Squibb Co's value of 0.25 is 74.2% below this industry median. Based on the distribution chart, Bristol-Myers Squibb Co ranks #725 out of 978 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Bristol-Myers Squibb Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bristol-Myers Squibb Co's Cash-to-Debt compare to PFE and GILD?
According to the Drug Manufacturers industry distribution chart, Bristol-Myers Squibb Co ranks #725 out of 978 companies for Cash-to-Debt. This places Bristol-Myers Squibb Co in the lower half of its industry. The industry median Cash-to-Debt is 0.97. Bristol-Myers Squibb Co's value of 0.25 is 74.2% below this benchmark. Historically, Bristol-Myers Squibb Co's own Cash-to-Debt has ranged from 0.12 to 1.45 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.97, Bristol-Myers Squibb Co 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 0.97, based on 978 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. Bristol-Myers Squibb Co's current Cash-to-Debt of 0.25 is 74.2% 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 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristol-Myers Squibb Co's current Cash-to-Debt is 0.25, which is 22% below median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bristol-Myers Squibb Co stock overvalued right now?
Based on GuruFocus' analysis, Bristol-Myers Squibb Co (XSWX:BMY) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF45.97, compared to a current price of CHF54.34 — trading 18.2% above its estimated fair value. The current Cash-to-Debt is 0.25, which is 22% below median its 10-year median of 0.32 and 74.2% below the Drug Manufacturers industry median of 0.97. Bristol-Myers Squibb Co's overall GF Score™ is 72/100 with 6 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 Bristol-Myers Squibb Co (XSWX:BMY), the current Cash-to-Debt is 0.25 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 Bristol-Myers Squibb Co (XSWX:BMY) Overvalued in 2026?
Based on GuruFocus' analysis, Bristol-Myers Squibb Co stock appears to be overvalued.
The current stock price of CHF54.34 is trading 18.2% above its estimated GF Value™ of CHF45.97.
GuruFocus considers Bristol-Myers Squibb Co to be Modestly Overvalued.
Key valuation signals for XSWX:BMY:
Cash-to-Debt: 0.25 (22% below median its 10-year median of 0.32)
GF Value™: CHF45.97 vs. price of CHF54.34 (18.2% above fair value)
Industry Position: 74.2% below the Drug Manufacturers median (#725 of 978)
No single metric tells the full story. See the XSWX:BMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bristol Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the US, showing a higher dependence on the US market than most of its peer group.
72GF Score
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