Asarian Energy (NAM:FSY) Cash-to-Debt: No Debt (1) (As of Jun. 2026) — 100% Below Median

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NAM:FSY Asarian Energy Ltd NAM:FSY
37 GF Score
Price R10.15
! 1 Warning Sign
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What is Asarian Energy Cash-to-Debt?

Asarian Energy NAM:FSY 37 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates NAM:FSY with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 2,613 Metals & Mining companies, Asarian Energy ranks better than 99.81% 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. Asarian Energy's cash to debt ratio for the quarter that ended in Jun. 2026 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, Asarian Energy could pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

(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 Asarian Energy's Cash-to-Debt or its related term are showing as below:

NAM:FSY' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Asarian Energy's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NAM:FSY's Cash-to-Debt is ranked better than
99.81% of 2613 companies
in the Metals & Mining industry
Industry Median: 34.75 vs NAM:FSY: No Debt

Asarian Energy  (NAM:FSY) 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.


Asarian Energy Cash-to-Debt Related Terms


Asarian Energy Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Asarian Energy'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.

Asarian Energy Cash-to-Debt Chart

Asarian Energy 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 No Debt No Debt No Debt No Debt

Asarian Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 No Debt No Debt No Debt No Debt

Asarian Energy Cash-to-Debt Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Asarian Energy'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.


Asarian Energy Cash-to-Debt vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asarian Energy's Cash-to-Debt distribution charts can be found below:

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


NAM:FSY
37GF Score
Asarian Energy Ltd NAM:FSY
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Asarian Energy 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.

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

Asarian Energy had no debt (1).

Asarian Energy's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

Asarian Energy 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?
Asarian Energy (NAM:FSY) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Asarian Energy's Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Asarian Energy ranks #5 out of 2613 companies in the Metals & Mining industry, placing it in the top 0.2%.
Is Asarian Energy's Cash-to-Debt too high?
Asarian Energy's 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 10,000.00 to a high of 10,000.00. Based on the distribution chart, Asarian Energy ranks #5 out of 2613 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Asarian Energy has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Asarian Energy's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Asarian Energy ranks #5 out of 2613 companies for Cash-to-Debt. This places Asarian Energy in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 34.75. Historically, Asarian Energy's own Cash-to-Debt has ranged from 10,000.00 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 Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 34.75, based on 2,613 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 Metals & Mining industry, the median Cash-to-Debt is 34.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asarian Energy'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 Asarian Energy stock overvalued right now?
Asarian Energy (NAM:FSY) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Asarian Energy's overall GF Score™ is 37/100 with 1 warning sign 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 Asarian Energy (NAM:FSY), the current Cash-to-Debt is No Debt (1) 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.

Asarian Energy Business Description

Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Forsys Metals Corp is engaged in the acquisition, exploration, and development of mineral properties in Namibia, Africa. The Company's operations are focused on its uranium projects, including the Norasa Uranium Project, Valencia Uranium Project, and Namibplaas Uranium Project.
37GF Score

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R10.15
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