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Asante GoldASGOF -5.53%42 Cash-to-Debt is 0.21 as of Jun. 2026, which is 60% below its 10-year median of 0.52. GuruFocus rates ASGOF with a GF Score™ of 42/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,625 Metals & Mining companies, Asante Gold ranks worse than 88.72% 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. Asante Gold's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.21.
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, Asante Goldcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Asante Gold's Cash-to-Debt or its related term are showing as below:
ASGOF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.52 Max: No Debt
Current: 0.21
During the past 13 years, Asante Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.52.
ASGOF's Cash-to-Debt is ranked worse than 88.72% of 2625
companies
in the Metals & Mining industry
Industry Median: 35.83
vs ASGOF: 0.21
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.
Asante Gold Cash-to-Debt Related Terms
Asante Gold Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Asante Gold'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.
For the Gold subindustry, Asante Gold'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.
Asante Gold Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Asante Gold'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.
Asante Gold (ASGOF) has a Cash-to-Debt of 0.21 as of Jun. 2026. This is 60% below median its historical median of 0.52. According to the industry distribution chart, Asante Gold ranks #2329 out of 2625 companies in the Metals & Mining industry, placing it in the top 88.7%.
Is Asante Gold's Cash-to-Debt too high?
Asante Gold's current Cash-to-Debt of 0.21 is 60% below median its 10-year median of 0.52. The Metals & Mining industry median Cash-to-Debt is 35.83. Asante Gold's value of 0.21 is 99.4% below this industry median. Based on the distribution chart, Asante Gold ranks #2329 out of 2625 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #2329 out of 2625 companies for Cash-to-Debt. This places Asante Gold in the lower half of its industry. The industry median Cash-to-Debt is 35.83. Asante Gold's value of 0.21 is 99.4% below this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 35.83, 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-to-Debt for a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 35.83, based on 2,625 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. Asante Gold's current Cash-to-Debt of 0.21 is 99.4% 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 35.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Cash-to-Debt is 0.21, which is 60% below median its own 10-year median of 0.52. 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 $0.69 — trading 31.9% below its estimated fair value. The current Cash-to-Debt is 0.21, which is 60% below median its 10-year median of 0.52 and 99.4% below the Metals & Mining industry median of 35.83. Asante Gold's overall GF Score™ is 42/100 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 Asante Gold (ASGOF), the current Cash-to-Debt is 0.21 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 Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.69 is trading 31.9% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Cash-to-Debt: 0.21 (60% below median its 10-year median of 0.52)
GF Value™: $1.02 vs. price of $0.69 (31.9% below fair value)
Industry Position: 99.4% below the Metals & Mining median (#2329 of 2625)
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.
42GF Score
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