XNET (Xunlei) Cash-to-Debt: 4.27 (As of Mar. 2026) — 67% Below Median


XNET Xunlei Ltd XNET
70 GF Score
Price $4.91
GF Value $3.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Xunlei Cash-to-Debt?

Xunlei XNET +1.45% 70 Cash-to-Debt is 4.27 as of Mar. 2026, which is 67% below its 10-year median of 12.99. GuruFocus rates XNET with a GF Score™ of 70/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,833 Software companies, Xunlei ranks better than 57.47% 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. Xunlei's cash to debt ratio for the quarter that ended in Mar. 2026 was 4.27.

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, Xunlei could pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

The historical rank and industry rank for Xunlei's Cash-to-Debt or its related term are showing as below:

XNET' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.92   Med: 12.99   Max: No Debt
Current: 4.27

During the past 13 years, Xunlei's highest Cash to Debt Ratio was No Debt. The lowest was 3.92. And the median was 12.99.

XNET's Cash-to-Debt is ranked better than
57.47% of 2833 companies
in the Software industry
Industry Median: 2.51 vs XNET: 4.27

Xunlei  (NAS:XNET) 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.


Xunlei Cash-to-Debt Related Terms


Xunlei Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Xunlei'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.

Xunlei Cash-to-Debt Chart

Xunlei Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 8.06 11.85 9.71 3.95

Xunlei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash-to-Debt 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 9.68 3.92 4.03 3.95 4.27

XNET vs PSFE, IIIV, ALLT: Cash-to-Debt Comparison

For the Software - Infrastructure subindustry, Xunlei'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.


Xunlei Cash-to-Debt vs Software Industry

For the Software industry and Technology sector, Xunlei's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Xunlei's Cash-to-Debt falls into.


XNET
70GF Score
Xunlei Ltd XNET
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Xunlei Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Xunlei's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Xunlei's Cash to Debt Ratio for the quarter that ended in Mar. 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 Cash-to-Debt →
What does a Cash-to-Debt of 4.27 mean?
Xunlei (XNET) has a Cash-to-Debt of 4.27 as of Mar. 2026. This is 67% below median its historical median of 12.99. Over the past decade, Xunlei's Cash-to-Debt has ranged from 3.92 to 10,000.00. According to the industry distribution chart, Xunlei ranks #1205 out of 2833 companies in the Software industry, placing it in the top 42.5%.
Is Xunlei's Cash-to-Debt too high?
Xunlei's current Cash-to-Debt of 4.27 is 67% below median its 10-year median of 12.99. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 10,000.00. The Software industry median Cash-to-Debt is 2.51. Xunlei's value of 4.27 is 70.1% above this industry median. Based on the distribution chart, Xunlei ranks #1205 out of 2833 companies in the Software industry, which is above the industry midpoint. Overall, Xunlei has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xunlei's Cash-to-Debt compare to PSFE and IIIV?
According to the Software industry distribution chart, Xunlei ranks #1205 out of 2833 companies for Cash-to-Debt. This puts Xunlei in the upper half of its industry. The industry median Cash-to-Debt is 2.51. Xunlei's value of 4.27 is 70.1% above this benchmark. Historically, Xunlei's own Cash-to-Debt has ranged from 3.92 to 10,000.00 over the past decade. While the company's 10-year median is 12.99 vs. the industry median of 2.51, Xunlei has consistently been above 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 Software company?
The median Cash-to-Debt among Software companies is 2.51, based on 2,833 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. Xunlei's current Cash-to-Debt of 4.27 is 70.1% above 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 Software industry, the median Cash-to-Debt is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xunlei's current Cash-to-Debt is 4.27, which is 67% below median its own 10-year median of 12.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xunlei stock overvalued right now?
Based on GuruFocus' analysis, Xunlei (XNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $4.91 — trading 51.5% above its estimated fair value. The current Cash-to-Debt is 4.27, which is 67% below median its 10-year median of 12.99 and 70.1% above the Software industry median of 2.51. Xunlei's overall GF Score™ is 70/100 with 5 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 Xunlei (XNET), the current Cash-to-Debt is 4.27 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 Xunlei (XNET) Overvalued in 2026?

Based on GuruFocus' analysis, Xunlei stock appears to be overvalued. The current stock price of $4.91 is trading 51.5% above its estimated GF Value™ of $3.24. GuruFocus considers Xunlei to be Significantly Overvalued.

Key valuation signals for XNET:

  • Cash-to-Debt: 4.27 (67% below median its 10-year median of 12.99)
  • GF Value™: $3.24 vs. price of $4.91 (51.5% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 70.1% above the Software median (#1205 of 2833)

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


Xunlei Business Description

Other Exchanges 4XN:Germany
Address 3709 Baishi Road, Nanshan District, Shenzhen, CHN, 518000
Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.
70GF Score

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

$4.91
Price
$3.24
GF Value