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Comet Holding AGXSWX:COTN -8.92%83 Cash-to-Debt is 0.79 as of Jun. 2026, which is 7% below its 10-year median of 0.85. GuruFocus rates XSWX:COTN with a GF Score™ of 83/100 and a GF Value™ of CHF308.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,486 Hardware companies, Comet Holding AG ranks worse than 61.1% 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. Comet Holding AG's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.79.
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, Comet Holding AGcouldn'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 Comet Holding AG's Cash-to-Debt or its related term are showing as below:
XSWX:COTN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 0.85 Max: 1.46
Current: 0.79
During the past 13 years, Comet Holding AG's highest Cash to Debt Ratio was 1.46. The lowest was 0.48. And the median was 0.85.
XSWX:COTN's Cash-to-Debt is ranked worse than 61.1% of 2486
companies
in the Hardware industry
Industry Median: 1.35
vs XSWX:COTN: 0.79
Comet Holding AG (XSWX:COTN) 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.
Comet Holding AG Cash-to-Debt Related Terms
Comet Holding AG Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Comet Holding AG'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:COTN vs GRMN, COHR, KEYS: Cash-to-Debt Comparison
For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.
Comet Holding AG Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Comet Holding AG'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.
Comet Holding AG (XSWX:COTN) has a Cash-to-Debt of 0.79 as of Jun. 2026. This is near median its historical median of 0.85. Over the past decade, Comet Holding AG's Cash-to-Debt has ranged from 0.48 to 1.46. According to the industry distribution chart, Comet Holding AG ranks #1519 out of 2486 companies in the Hardware industry, placing it in the top 61.1%.
Is Comet Holding AG's Cash-to-Debt too high?
Comet Holding AG's current Cash-to-Debt of 0.79 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.46. The Hardware industry median Cash-to-Debt is 1.35. Comet Holding AG's value of 0.79 is 41.5% below this industry median. Based on the distribution chart, Comet Holding AG ranks #1519 out of 2486 companies in the Hardware industry, which is below the industry midpoint. Overall, Comet Holding AG has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Comet Holding AG's Cash-to-Debt compare to GRMN and COHR?
According to the Hardware industry distribution chart, Comet Holding AG ranks #1519 out of 2486 companies for Cash-to-Debt. This places Comet Holding AG in the lower half of its industry. The industry median Cash-to-Debt is 1.35. Comet Holding AG's value of 0.79 is 41.5% below this benchmark. Historically, Comet Holding AG's own Cash-to-Debt has ranged from 0.48 to 1.46 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.35, Comet Holding AG 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 Hardware company?
The median Cash-to-Debt among Hardware companies is 1.35, based on 2,486 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. Comet Holding AG's current Cash-to-Debt of 0.79 is 41.5% 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 Hardware industry, the median Cash-to-Debt is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Holding AG's current Cash-to-Debt is 0.79, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Comet Holding AG (XSWX:COTN) is currently considered Fairly Valued. The stock's GF Value™ is CHF308.58, compared to a current price of CHF312.60 — trading 1.3% above its estimated fair value. The current Cash-to-Debt is 0.79, which is near median its 10-year median of 0.85 and 41.5% below the Hardware industry median of 1.35. Comet Holding AG's overall GF Score™ is 83/100 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 Comet Holding AG (XSWX:COTN), the current Cash-to-Debt is 0.79 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 Comet Holding AG (XSWX:COTN) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Holding AG stock appears to be overvalued.
The current stock price of CHF312.60 is trading 1.3% above its estimated GF Value™ of CHF308.58.
GuruFocus considers Comet Holding AG to be Fairly Valued.
Key valuation signals for XSWX:COTN:
Cash-to-Debt: 0.79 (near median its 10-year median of 0.85)
GF Value™: CHF308.58 vs. price of CHF312.60 (1.3% above fair value)
Industry Position: 41.5% below the Hardware median (#1519 of 2486)
No single metric tells the full story. See the XSWX:COTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Holding AG is a vendor of X-ray, radio frequency (RF) power, and e-beam technology. It markets its systems and services under the Comet, Yxlon, and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics, and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators, and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor, and solar industries, as well as the security sector. The Group has three operating divisions: Plasma Control Technologies (PCT), X-Ray Systems (IXS), and Industrial X-Ray Modules (IXM).
83GF Score
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