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.
African Rainbow MineralsAFBOF 81 Cash-to-Debt is 9.06 as of Dec. 2025, which is 148% above its 10-year median of 3.65. GuruFocus rates AFBOF with a GF Score™ of 81/100 and a GF Value™ of $12.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,614 Metals & Mining companies, African Rainbow Minerals ranks worse than 58.68% 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. African Rainbow Minerals's cash to debt ratio for the quarter that ended in Dec. 2025 was 9.06.
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, African Rainbow Mineralscould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for African Rainbow Minerals's Cash-to-Debt or its related term are showing as below:
AFBOF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 3.65 Max: 40.75
Current: 9.06
During the past 13 years, African Rainbow Minerals's highest Cash to Debt Ratio was 40.75. The lowest was 0.05. And the median was 3.65.
AFBOF's Cash-to-Debt is ranked worse than 58.68% of 2614
companies
in the Metals & Mining industry
Industry Median: 33.75
vs AFBOF: 9.06
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.
African Rainbow Minerals Cash-to-Debt Related Terms
African Rainbow Minerals Cash-to-Debt Historical Data
* 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.
For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.
African Rainbow Minerals Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where African Rainbow Minerals'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.
African Rainbow Minerals (AFBOF) has a Cash-to-Debt of 9.06 as of Dec. 2025. This is 148% above median its historical median of 3.65. Over the past decade, African Rainbow Minerals' Cash-to-Debt has ranged from 0.05 to 40.75. According to the industry distribution chart, African Rainbow Minerals ranks #1534 out of 2614 companies in the Metals & Mining industry, placing it in the top 58.7%.
Is African Rainbow Minerals' Cash-to-Debt too high?
African Rainbow Minerals' current Cash-to-Debt of 9.06 is 148% above median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 40.75. The Metals & Mining industry median Cash-to-Debt is 33.75. African Rainbow Minerals' value of 9.06 is 73.2% below this industry median. Based on the distribution chart, African Rainbow Minerals ranks #1534 out of 2614 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, African Rainbow Minerals has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #1534 out of 2614 companies for Cash-to-Debt. This places African Rainbow Minerals in the lower half of its industry. The industry median Cash-to-Debt is 33.75. African Rainbow Minerals' value of 9.06 is 73.2% below this benchmark. Historically, African Rainbow Minerals' own Cash-to-Debt has ranged from 0.05 to 40.75 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 33.75, African Rainbow Minerals 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 Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 33.75, based on 2,614 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. African Rainbow Minerals's current Cash-to-Debt of 9.06 is 73.2% 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 Metals & Mining industry, the median Cash-to-Debt is 33.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Rainbow Minerals's current Cash-to-Debt is 9.06, which is 148% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.61, compared to a current price of $10.09 — trading 20% below its estimated fair value. The current Cash-to-Debt is 9.06, which is 148% above median its 10-year median of 3.65 and 73.2% below the Metals & Mining industry median of 33.75. African Rainbow Minerals' overall GF Score™ is 81/100 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 African Rainbow Minerals (AFBOF), the current Cash-to-Debt is 9.06 as of Dec. 2025. 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 African Rainbow Minerals (AFBOF) Overvalued in 2026?
Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued.
The current stock price of $10.09 is trading 20% below its estimated GF Value™ of $12.61.
GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.
Key valuation signals for AFBOF:
Cash-to-Debt: 9.06 (148% above median its 10-year median of 3.65)
GF Value™: $12.61 vs. price of $10.09 (20% below fair value)
Industry Position: 73.2% below the Metals & Mining median (#1534 of 2614)
No single metric tells the full story. See the AFBOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
81GF Score
Get the complete analysis for AFBOF
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
AFBOF has been successfully added to your 
