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Argent IndustrialJSE:ART -1.10%72 Cash-to-Debt is 4.89 as of Mar. 2026, which is 325% above its 10-year median of 1.15. GuruFocus rates JSE:ART with a GF Score™ of 72/100 and a GF Value™ of R30.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 607 Steel companies, Argent Industrial ranks better than 81.55% 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. Argent Industrial's cash to debt ratio for the quarter that ended in Mar. 2026 was 4.89.
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, Argent Industrialcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Argent Industrial's Cash-to-Debt or its related term are showing as below:
JSE:ART'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 1.15 Max: 4.89
Current: 4.89
During the past 13 years, Argent Industrial's highest Cash to Debt Ratio was 4.89. The lowest was 0.18. And the median was 1.15.
JSE:ART's Cash-to-Debt is ranked better than 81.55% of 607
companies
in the Steel industry
Industry Median: 0.37
vs JSE:ART: 4.89
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.
Argent Industrial Cash-to-Debt Related Terms
Argent Industrial Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Argent Industrial'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 Steel subindustry, Argent Industrial'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.
Argent Industrial Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Argent Industrial'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.
Argent Industrial (JSE:ART) has a Cash-to-Debt of 4.89 as of Mar. 2026. This is 325% above median its historical median of 1.15. Over the past decade, Argent Industrial's Cash-to-Debt has ranged from 0.18 to 4.89. According to the industry distribution chart, Argent Industrial ranks #112 out of 607 companies in the Steel industry, placing it in the top 18.5%.
Is Argent Industrial's Cash-to-Debt too high?
Argent Industrial's current Cash-to-Debt of 4.89 is 325% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 4.89. The Steel industry median Cash-to-Debt is 0.37. Argent Industrial's value of 4.89 is 1221.6% above this industry median. Based on the distribution chart, Argent Industrial ranks #112 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Cash-to-Debt compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #112 out of 607 companies for Cash-to-Debt. This places Argent Industrial in the top 19% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.37. Argent Industrial's value of 4.89 is 1221.6% above this benchmark. Historically, Argent Industrial's own Cash-to-Debt has ranged from 0.18 to 4.89 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.37, Argent Industrial 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 Steel company?
The median Cash-to-Debt among Steel companies is 0.37, based on 607 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. Argent Industrial's current Cash-to-Debt of 4.89 is 1221.6% 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 Steel industry, the median Cash-to-Debt is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current Cash-to-Debt is 4.89, which is 325% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Significantly Overvalued. The stock's GF Value™ is R30.27, compared to a current price of R40.30 — trading 33.1% above its estimated fair value. The current Cash-to-Debt is 4.89, which is 325% above median its 10-year median of 1.15 and 1221.6% above the Steel industry median of 0.37. Argent Industrial's overall GF Score™ is 72/100 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 Argent Industrial (JSE:ART), the current Cash-to-Debt is 4.89 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 Argent Industrial (JSE:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued.
The current stock price of R40.30 is trading 33.1% above its estimated GF Value™ of R30.27.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
Cash-to-Debt: 4.89 (325% above median its 10-year median of 1.15)
GF Value™: R30.27 vs. price of R40.30 (33.1% above fair value)
Industry Position: 1221.6% above the Steel median (#112 of 607)
No single metric tells the full story. See the JSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
72GF Score
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