AFBOF (African Rainbow Minerals) Debt-to-Asset : 0.01 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

AFBOF African Rainbow Minerals Ltd AFBOF
81 GF Score
Price $11.07
GF Value $12.58
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is African Rainbow Minerals Debt-to-Asset?

African Rainbow Minerals AFBOF 81 Debt-to-Asset is 0.01 as of Dec. 2025. GuruFocus rates AFBOF with a GF Score™ of 81/100 and a GF Value™ of $12.58 (Modestly Undervalued). The stock has 6 warning signs investors should review.

African Rainbow Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $13.2 Mil. African Rainbow Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $52.7 Mil. African Rainbow Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was $4,969.5 Mil. African Rainbow Minerals's debt to asset for the quarter that ended in Dec. 2025 was 0.01.


African Rainbow Minerals  (OTCPK:AFBOF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


African Rainbow Minerals Debt-to-Asset Related Terms


African Rainbow Minerals Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for African Rainbow Minerals's Debt-to-Asset 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.

African Rainbow Minerals Debt-to-Asset Chart

African Rainbow Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.00 0.02 0.03

African Rainbow Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset 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 0.00 0.02 0.03 0.03 0.01

African Rainbow Minerals Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where African Rainbow Minerals's Debt-to-Asset falls into.


AFBOF
81GF Score
African Rainbow Minerals Ltd AFBOF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

African Rainbow Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

African Rainbow Minerals's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(35.691 + 78.508) / 4170.922
=0.03

African Rainbow Minerals's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.248 + 52.695) / 4969.494
=0.01

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
African Rainbow Minerals (AFBOF) has a Debt-to-Asset of 0.01 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on African Rainbow Minerals and its competitors.
Is African Rainbow Minerals' Debt-to-Asset too high?
African Rainbow Minerals' current Debt-to-Asset is 0.01. 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' Debt-to-Asset compare to competitors?
African Rainbow Minerals' Debt-to-Asset of 0.01 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on African Rainbow Minerals and its competitors. African Rainbow Minerals's current Debt-to-Asset is 0.01. 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 $12.58, compared to a current price of $11.07 — trading 12% below its estimated fair value. The current Debt-to-Asset is 0.01. 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 Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For African Rainbow Minerals (AFBOF), the current Debt-to-Asset is 0.01 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 $11.07 is trading 12% below its estimated GF Value™ of $12.58. GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.

Key valuation signals for AFBOF:

  • Debt-to-Asset: 0.01
  • GF Value™: $12.58 vs. price of $11.07 (12% below fair value)
  • GF Score™: 81/100 with 6 warning signs

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 Business Description

Other Exchanges ARI:South AfricaEB9:Germany
Address 29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
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

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

$11.07
Price
$12.58
GF Value