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Sonova Holding AGXSWX:SOON +0.78%89 Cash-to-Debt is 0.42 as of Mar. 2026, which is at its 10-year median of 0.42. GuruFocus rates XSWX:SOON with a GF Score™ of 89/100 and a GF Value™ of CHF252.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 840 Medical Devices & Instruments companies, Sonova Holding AG ranks worse than 74.76% 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. Sonova Holding AG's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.42.
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, Sonova Holding AGcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Sonova Holding AG's Cash-to-Debt or its related term are showing as below:
XSWX:SOON'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.42 Max: 0.97
Current: 0.42
During the past 13 years, Sonova Holding AG's highest Cash to Debt Ratio was 0.97. The lowest was 0.23. And the median was 0.42.
XSWX:SOON's Cash-to-Debt is ranked worse than 74.76% of 840
companies
in the Medical Devices & Instruments industry
Industry Median: 1.635
vs XSWX:SOON: 0.42
Sonova Holding AG (XSWX:SOON) 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.
Sonova Holding AG Cash-to-Debt Related Terms
Sonova Holding AG Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Sonova 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:SOON vs ABT, SYK, MDT: Cash-to-Debt Comparison
For the Medical Devices subindustry, Sonova 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.
Sonova Holding AG Cash-to-Debt vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Sonova 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.
Sonova Holding AG (XSWX:SOON) has a Cash-to-Debt of 0.42 as of Mar. 2026. This is near median its historical median of 0.42. Over the past decade, Sonova Holding AG's Cash-to-Debt has ranged from 0.23 to 0.97. According to the industry distribution chart, Sonova Holding AG ranks #628 out of 840 companies in the Medical Devices & Instruments industry, placing it in the top 74.8%.
Is Sonova Holding AG's Cash-to-Debt too high?
Sonova Holding AG's current Cash-to-Debt of 0.42 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.97. The Medical Devices & Instruments industry median Cash-to-Debt is 1.64. Sonova Holding AG's value of 0.42 is 74.3% below this industry median. Based on the distribution chart, Sonova Holding AG ranks #628 out of 840 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sonova Holding AG has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's Cash-to-Debt compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sonova Holding AG ranks #628 out of 840 companies for Cash-to-Debt. This places Sonova Holding AG in the lower half of its industry. The industry median Cash-to-Debt is 1.64. Sonova Holding AG's value of 0.42 is 74.3% below this benchmark. Historically, Sonova Holding AG's own Cash-to-Debt has ranged from 0.23 to 0.97 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.64, Sonova 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 Medical Devices & Instruments company?
The median Cash-to-Debt among Medical Devices & Instruments companies is 1.64, based on 840 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. Sonova Holding AG's current Cash-to-Debt of 0.42 is 74.3% 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 Medical Devices & Instruments industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonova Holding AG's current Cash-to-Debt is 0.42, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (XSWX:SOON) is currently considered Fairly Valued. The stock's GF Value™ is CHF252.72, compared to a current price of CHF234.00 — trading 7.4% below its estimated fair value. The current Cash-to-Debt is 0.42, which is near median its 10-year median of 0.42 and 74.3% below the Medical Devices & Instruments industry median of 1.64. Sonova Holding AG's overall GF Score™ is 89/100 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 Sonova Holding AG (XSWX:SOON), the current Cash-to-Debt is 0.42 as of Mar. 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 Sonova Holding AG (XSWX:SOON) Overvalued in 2026?
Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued.
The current stock price of CHF234.00 is trading 7.4% below its estimated GF Value™ of CHF252.72.
GuruFocus considers Sonova Holding AG to be Fairly Valued.
Key valuation signals for XSWX:SOON:
Cash-to-Debt: 0.42 (near median its 10-year median of 0.42)
GF Value™: CHF252.72 vs. price of CHF234.00 (7.4% below fair value)
Industry Position: 74.3% below the Medical Devices & Instruments median (#628 of 840)
No single metric tells the full story. See the XSWX:SOON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
89GF Score
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