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Asante GoldASGOF -0.98%33 Cash Ratio is 0.16 as of Mar. 2026, which is 220% above its 10-year median of 0.05. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,575 Metals & Mining companies, Asante Gold ranks worse than 84.78% on this metric.
Asante Gold has a Cash Ratio of 0.16. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Asante Gold's Cash Ratio or its related term are showing as below:
ASGOF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 5.72
Current: 0.16
During the past 13 years, Asante Gold's highest Cash Ratio was 5.72. The lowest was 0.01. And the median was 0.05.
ASGOF's Cash Ratio is ranked worse than 84.78% of 2575
companies
in the Metals & Mining industry
Industry Median: 1.83
vs ASGOF: 0.16
Asante Gold (OTCPK:ASGOF) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Asante Gold Cash Ratio Related Terms
Asante Gold Cash Ratio Historical Data
* Premium members only.
The historical data trend for Asante Gold's Cash Ratio 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.
For the Gold subindustry, Asante Gold's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Asante Gold Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Asante Gold's Cash Ratio 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.
Asante Gold (ASGOF) has a Cash Ratio of 0.16 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Asante Gold and its competitors. This is 220% above median its historical median of 0.05. Over the past decade, Asante Gold's Cash Ratio has ranged from 0.01 to 5.72. According to the industry distribution chart, Asante Gold ranks #2183 out of 2575 companies in the Metals & Mining industry, placing it in the top 84.8%.
Is Asante Gold's Cash Ratio too high?
Asante Gold's current Cash Ratio of 0.16 is 220% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 5.72. The Metals & Mining industry median Cash Ratio is 1.83. Asante Gold's value of 0.16 is 91.3% below this industry median. Based on the distribution chart, Asante Gold ranks #2183 out of 2575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Cash Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #2183 out of 2575 companies for Cash Ratio. This places Asante Gold in the lower half of its industry. The industry median Cash Ratio is 1.83. Asante Gold's value of 0.16 is 91.3% below this benchmark. Historically, Asante Gold's own Cash Ratio has ranged from 0.01 to 5.72 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.83, Asante Gold 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 Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.83, based on 2,575 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Cash Ratio of 0.16 is 91.3% 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 Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Cash Ratio is 0.16, which is 220% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.50 — trading 50.5% below its estimated fair value. The current Cash Ratio is 0.16, which is 220% above median its 10-year median of 0.05 and 91.3% below the Metals & Mining industry median of 1.83. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Cash Ratio is 0.16 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 Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.50 is trading 50.5% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Cash Ratio: 0.16 (220% above median its 10-year median of 0.05)
GF Value™: $1.02 vs. price of $0.50 (50.5% below fair value)
Industry Position: 91.3% below the Metals & Mining median (#2183 of 2575)
No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score
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