Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Cisco Systems's cash to debt ratio for the quarter that ended in Jul. 2026 was 0.54.
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, Cisco Systemscouldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2026.
The historical rank and industry rank for Cisco Systems's Cash-to-Debt or its related term are showing as below:
XSWX:CSCO'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.92 Max: 3.12
Current: 0.54
During the past 13 years, Cisco Systems's highest Cash to Debt Ratio was 3.12. The lowest was 0.54. And the median was 1.92.
XSWX:CSCO's Cash-to-Debt is ranked worse than 70.52% of 2490
companies
in the Hardware industry
Industry Median: 1.39
vs XSWX:CSCO: 0.54
Cisco Systems (XSWX:CSCO) 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.
Cisco Systems Cash-to-Debt Related Terms
Cisco Systems Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Cisco Systems'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:CSCO vs MSI, HPE, LITE: Cash-to-Debt Comparison
For the Communication Equipment subindustry, Cisco Systems'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.
Cisco Systems Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Cisco Systems's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Cisco Systems'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.
Cisco Systems (XSWX:CSCO) has a Cash-to-Debt of 0.54 as of Jul. 2026. This is 72% below median its historical median of 1.92. Over the past decade, Cisco Systems' Cash-to-Debt has ranged from 0.54 to 3.12. According to the industry distribution chart, Cisco Systems ranks #1756 out of 2490 companies in the Hardware industry, placing it in the top 70.5%.
Is Cisco Systems' Cash-to-Debt too high?
Cisco Systems' current Cash-to-Debt of 0.54 is 72% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 3.12. The Hardware industry median Cash-to-Debt is 1.39. Cisco Systems' value of 0.54 is 61.2% below this industry median. Based on the distribution chart, Cisco Systems ranks #1756 out of 2490 companies in the Hardware industry, which is below the industry midpoint. Overall, Cisco Systems has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' Cash-to-Debt compare to MSI and HPE?
According to the Hardware industry distribution chart, Cisco Systems ranks #1756 out of 2490 companies for Cash-to-Debt. This places Cisco Systems in the lower half of its industry. The industry median Cash-to-Debt is 1.39. Cisco Systems' value of 0.54 is 61.2% below this benchmark. Historically, Cisco Systems' own Cash-to-Debt has ranged from 0.54 to 3.12 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.39, Cisco Systems 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 1.39, based on 2,490 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. Cisco Systems's current Cash-to-Debt of 0.54 is 61.2% 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 Hardware industry, the median Cash-to-Debt is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cisco Systems's current Cash-to-Debt is 0.54, which is 72% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Cisco Systems (XSWX:CSCO) has a current Cash-to-Debt of 0.54. The stock's GF Value™ is CHF57.79, compared to a current price of CHF89.96 — trading 55.7% above its estimated fair value. The current Cash-to-Debt is 0.54, which is 72% below median its 10-year median of 1.92 and 61.2% below the Hardware industry median of 1.39. Cisco Systems' overall GF Score™ is 85/100 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 Cisco Systems (XSWX:CSCO), the current Cash-to-Debt is 0.54 as of Jul. 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 Cisco Systems (XSWX:CSCO) Overvalued in 2026?
Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued.
The current stock price of CHF89.96 is trading 55.7% above its estimated GF Value™ of CHF57.79.
Key valuation signals for XSWX:CSCO:
Cash-to-Debt: 0.54 (72% below median its 10-year median of 1.92)
GF Value™: CHF57.79 vs. price of CHF89.96 (55.7% above fair value)
Industry Position: 61.2% below the Hardware median (#1756 of 2490)
No single metric tells the full story. See the XSWX:CSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
85GF Score
Get the complete analysis for XSWX:CSCO
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:CSCO has been successfully added to your 
