Afric Industries (CAS:AFI) Cash-to-Debt: No Debt (1) (As of Dec. 2025) — 100% Below Median

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CAS:AFI Afric Industries SA CAS:AFI
66 GF Score
Price MAD337.95
GF Value MAD340.63
Valuation Fairly Valued
! 5 Warning Signs
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What is Afric Industries Cash-to-Debt?

Afric Industries CAS:AFI 66 Cash-to-Debt is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates CAS:AFI with a GF Score™ of 66/100 and a GF Value™ of MAD340.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,557 Chemicals companies, Afric Industries ranks better than 89.79% 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. Afric Industries's cash to debt ratio for the quarter that ended in Dec. 2025 was No Debt (1).

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, Afric Industries could pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.

(1) 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.

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

CAS:AFI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: No Debt   Max: No Debt
Current: 51.1

During the past 10 years, Afric Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

CAS:AFI's Cash-to-Debt is ranked better than
89.79% of 1557 companies
in the Chemicals industry
Industry Median: 0.68 vs CAS:AFI: 51.10

Afric Industries  (CAS:AFI) 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.


Afric Industries Cash-to-Debt Related Terms


Afric Industries Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Afric Industries'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.

Afric Industries Cash-to-Debt Chart

Afric Industries 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 No Debt 0.23 No Debt No Debt No Debt

Afric Industries Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 No Debt 26.14 No Debt 15.65 No Debt

CAS:AFI vs LIN, SHW, ECL: Cash-to-Debt Comparison

For the Specialty Chemicals subindustry, Afric Industries'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.


Afric Industries Cash-to-Debt vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Afric Industries's Cash-to-Debt distribution charts can be found below:

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


CAS:AFI
66GF Score
Afric Industries SA CAS:AFI
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afric Industries 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.

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

Afric Industries had no debt (1).

Afric Industries's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:

Afric Industries had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Afric Industries (CAS:AFI) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. This is 100% below median its historical median of 10,000.00. Over the past decade, Afric Industries' Cash-to-Debt has ranged from 0.04 to 10,000.00. According to the industry distribution chart, Afric Industries ranks #159 out of 1557 companies in the Chemicals industry, placing it in the top 10.2%.
Is Afric Industries' Cash-to-Debt too high?
Afric Industries' current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 10,000.00. Based on the distribution chart, Afric Industries ranks #159 out of 1557 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Afric Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Cash-to-Debt compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #159 out of 1557 companies for Cash-to-Debt. This places Afric Industries in the top 10% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.68. Historically, Afric Industries' own Cash-to-Debt has ranged from 0.04 to 10,000.00 over the past decade. 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 Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.68, based on 1,557 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. 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 Chemicals industry, the median Cash-to-Debt is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afric Industries's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD340.63, compared to a current price of MAD337.95 — trading 0.8% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Afric Industries' overall GF Score™ is 66/100 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 Afric Industries (CAS:AFI), the current Cash-to-Debt is No Debt (1) 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 Afric Industries (CAS:AFI) Overvalued in 2026?

Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued. The current stock price of MAD337.95 is trading 0.8% below its estimated GF Value™ of MAD340.63. GuruFocus considers Afric Industries to be Fairly Valued.

Key valuation signals for CAS:AFI:

  • Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: MAD340.63 vs. price of MAD337.95 (0.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Afric Industries Business Description

Address Lot 107, Street 3, Tetouan Road, Industrial Area of Mghogha, Tangier, MAR, 90000
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
66GF Score

Get the complete analysis for CAS:AFI

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

MAD337.95
Price
MAD340.63
GF Value