Cascades (TSX:CAS) Debt-to-Asset : 0.41 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSX:CAS Cascades Inc TSX:CAS
72 GF Score
Price C$17.83
GF Value C$211.94
Valuation Possible Value Trap
! 5 Warning Signs
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What is Cascades Debt-to-Asset?

Cascades TSX:CAS +1.19% 72 Debt-to-Asset is 0.41 as of Jun. 2026. GuruFocus rates TSX:CAS with a GF Score™ of 72/100 and a GF Value™ of C$211.94 (Possible Value Trap). The stock has 5 warning signs investors should review.

Cascades's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$78 Mil. Cascades's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$1,897 Mil. Cascades's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was C$4,827 Mil. Cascades's debt to asset for the quarter that ended in Jun. 2026 was 0.41.


Cascades  (TSX:CAS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Cascades Debt-to-Asset Related Terms


Cascades Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Cascades's Debt-to-Asset 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.

Cascades Debt-to-Asset Chart

Cascades Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.41 0.41 0.43 0.42

Cascades Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.43 0.42 0.42 0.41

TSX:CAS vs SW, PKG, IP: Debt-to-Asset Comparison

For the Packaging & Containers subindustry, Cascades's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Cascades Debt-to-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cascades's Debt-to-Asset falls into.


TSX:CAS
72GF Score
Cascades Inc TSX:CAS
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cascades Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cascades's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Cascades's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.41 mean?
Cascades (TSX:CAS) has a Debt-to-Asset of 0.41 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Cascades and its competitors.
Is Cascades' Debt-to-Asset too high?
Cascades' current Debt-to-Asset is 0.41. Overall, Cascades has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Debt-to-Asset compare to SW and PKG?
Cascades' Debt-to-Asset of 0.41 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Packaging & Containers company?
A good Debt-to-Asset depends on the Packaging & Containers industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Cascades and its competitors. Cascades's current Debt-to-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cascades stock overvalued right now?
Based on GuruFocus' analysis, Cascades (TSX:CAS) is currently considered Possible Value Trap. The stock's GF Value™ is C$211.94, compared to a current price of C$17.83 — trading 91.6% below its estimated fair value. The current Debt-to-Asset is 0.41. Cascades' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Cascades (TSX:CAS), the current Debt-to-Asset is 0.41 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 Cascades (TSX:CAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cascades stock appears to be undervalued. The current stock price of C$17.83 is trading 91.6% below its estimated GF Value™ of C$211.94. GuruFocus considers Cascades to be Possible Value Trap.

Key valuation signals for TSX:CAS:

  • Debt-to-Asset: 0.41
  • GF Value™: C$211.94 vs. price of C$17.83 (91.6% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the TSX:CAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cascades Business Description

Other Exchanges CADNF:USACS6:Germany
Address 404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, the accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into two main business segments: Packaging Products and Tissue Papers. A majority of its revenue is generated from the Packaging Product segment. Geographically, the company generates the majority of its revenue from the operations located in Canada.
72GF Score

Get the complete analysis for TSX:CAS

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$17.83
Price
C$211.94
GF Value