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Forbo Holding AGXSWX:FORN +2.09%72 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates XSWX:FORN with a GF Score™ of 72/100 and a GF Value™ of CHF833.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,766 Construction companies, Forbo Holding AG ranks better than 99.83% 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. Forbo Holding AG's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
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, Forbo Holding AGcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
The historical rank and industry rank for Forbo Holding AG's Cash-to-Debt or its related term are showing as below:
XSWX:FORN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, Forbo Holding AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was No Debt.
XSWX:FORN's Cash-to-Debt is ranked better than 99.83% of 1766
companies
in the Construction industry
Industry Median: 0.73
vs XSWX:FORN: No Debt
Forbo Holding AG (XSWX:FORN) 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.
Forbo Holding AG Cash-to-Debt Related Terms
Forbo Holding AG Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Forbo 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:FORN vs TT, JCI, CARR: Cash-to-Debt Comparison
For the Building Products & Equipment subindustry, Forbo 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.
Forbo Holding AG Cash-to-Debt vs Construction Industry
For the Construction industry and Industrials sector, Forbo Holding AG's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Forbo Holding AG's Cash-to-Debt falls into.
Forbo Holding AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Forbo Holding AG had no debt (1).
Forbo Holding AG's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Forbo Holding AG had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Forbo Holding AG (XSWX:FORN) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Forbo Holding AG's Cash-to-Debt has ranged from 0.42 to 10,000.00. According to the industry distribution chart, Forbo Holding AG ranks #3 out of 1766 companies in the Construction industry, placing it in the top 0.2%.
Is Forbo Holding AG's Cash-to-Debt too high?
Forbo Holding AG's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 10,000.00. Based on the distribution chart, Forbo Holding AG ranks #3 out of 1766 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Forbo Holding AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forbo Holding AG's Cash-to-Debt compare to TT and JCI?
According to the Construction industry distribution chart, Forbo Holding AG ranks #3 out of 1766 companies for Cash-to-Debt. This places Forbo Holding AG in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.73. Historically, Forbo Holding AG's own Cash-to-Debt has ranged from 0.42 to 10,000.00 over the past decade. 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 Construction company?
The median Cash-to-Debt among Construction companies is 0.73, based on 1,766 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. 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 Construction industry, the median Cash-to-Debt is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbo Holding AG's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Forbo Holding AG (XSWX:FORN) is currently considered Fairly Valued. The stock's GF Value™ is CHF833.66, compared to a current price of CHF881.00 — trading 5.7% above its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Forbo Holding AG's overall GF Score™ is 72/100 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 Forbo Holding AG (XSWX:FORN), the current Cash-to-Debt is No Debt (1) 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 Forbo Holding AG (XSWX:FORN) Overvalued in 2026?
Based on GuruFocus' analysis, Forbo Holding AG stock appears to be overvalued.
The current stock price of CHF881.00 is trading 5.7% above its estimated GF Value™ of CHF833.66.
GuruFocus considers Forbo Holding AG to be Fairly Valued.
Key valuation signals for XSWX:FORN:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: CHF833.66 vs. price of CHF881.00 (5.7% above fair value)
No single metric tells the full story. See the XSWX:FORN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe, and also has its presence in Americas and Asia/Pacific and Africa.
72GF Score
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