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.
Leonteq AGXSWX:LEON +2.46%75 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 53.23. GuruFocus rates XSWX:LEON with a GF Score™ of 75/100 and a GF Value™ of CHF18.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,435 Asset Management companies, Leonteq AG ranks better than 61.81% 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. Leonteq 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, Leonteq 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 Leonteq AG's Cash-to-Debt or its related term are showing as below:
XSWX:LEON'
s Cash-to-Debt Range Over the Past 10 Years
Min: 4.02 Med: 53.23 Max: No Debt
Current: 231.82
During the past 13 years, Leonteq AG's highest Cash to Debt Ratio was No Debt. The lowest was 4.02. And the median was 53.23.
XSWX:LEON's Cash-to-Debt is ranked better than 61.81% of 1435
companies
in the Asset Management industry
Industry Median: 5.15
vs XSWX:LEON: 231.82
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.
Leonteq AG Cash-to-Debt Related Terms
Leonteq AG Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Leonteq 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:LEON vs BLK, BX, KKR: Cash-to-Debt Comparison
For the Asset Management subindustry, Leonteq 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.
Leonteq AG Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Leonteq AG's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Leonteq AG's Cash-to-Debt falls into.
Leonteq AG's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Leonteq 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?
Leonteq AG (XSWX:LEON) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 98% below median its historical median of 53.23. Over the past decade, Leonteq AG's Cash-to-Debt has ranged from 4.02 to 10,000.00. According to the industry distribution chart, Leonteq AG ranks #548 out of 1435 companies in the Asset Management industry, placing it in the top 38.2%.
Is Leonteq AG's Cash-to-Debt too high?
Leonteq AG's current Cash-to-Debt of No Debt (1) is 98% below median its 10-year median of 53.23. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 10,000.00. Based on the distribution chart, Leonteq AG ranks #548 out of 1435 companies in the Asset Management industry, which is above the industry midpoint. Overall, Leonteq AG has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leonteq AG's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Leonteq AG ranks #548 out of 1435 companies for Cash-to-Debt. This puts Leonteq AG in the upper half of its industry. The industry median Cash-to-Debt is 5.15. Historically, Leonteq AG's own Cash-to-Debt has ranged from 4.02 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 an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.15, based on 1,435 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 Asset Management industry, the median Cash-to-Debt is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonteq AG's current Cash-to-Debt is No Debt (1), which is 98% below median its own 10-year median of 53.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonteq AG stock overvalued right now?
Based on GuruFocus' analysis, Leonteq AG (XSWX:LEON) is currently considered Fairly Valued. The stock's GF Value™ is CHF18.46, compared to a current price of CHF17.52 — trading 5.1% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 98% below median its 10-year median of 53.23. Leonteq AG's overall GF Score™ is 75/100 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 Leonteq AG (XSWX:LEON), 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 Leonteq AG (XSWX:LEON) Overvalued in 2026?
Based on GuruFocus' analysis, Leonteq AG stock appears to be undervalued.
The current stock price of CHF17.52 is trading 5.1% below its estimated GF Value™ of CHF18.46.
GuruFocus considers Leonteq AG to be Fairly Valued.
Key valuation signals for XSWX:LEON:
Cash-to-Debt: No Debt (1) (98% below median its 10-year median of 53.23)
GF Value™: CHF18.46 vs. price of CHF17.52 (5.1% below fair value)
No single metric tells the full story. See the XSWX:LEON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and other parts of Europe, as well as an established footprint in Asia and other regions.
75GF Score
Get the complete analysis for XSWX:LEON
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:LEON has been successfully added to your 
