Argent Industrial (JSE:ART) Debt-to-Asset : 0.04 (As of Mar. 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
75 GF Score
Price R40.10
GF Value R30.13
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Argent Industrial Debt-to-Asset?

Argent Industrial JSE:ART -0.69% 75 Debt-to-Asset is 0.04 as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 75/100 and a GF Value™ of R30.13 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Argent Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R38 Mil. Argent Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R90 Mil. Argent Industrial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was R2,903 Mil. Argent Industrial's debt to asset for the quarter that ended in Mar. 2026 was 0.04.


Argent Industrial  (JSE:ART) 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.


Argent Industrial Debt-to-Asset Related Terms


Argent Industrial Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Argent Industrial'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.

Argent Industrial Debt-to-Asset Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.05 0.05 0.04

Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.05 0.04 0.05 0.05 0.04

JSE:ART vs NUE, STLD, RS: Debt-to-Asset Comparison

For the Steel subindustry, Argent Industrial'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.


Argent Industrial Debt-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Argent Industrial's Debt-to-Asset falls into.


JSE:ART
75GF Score
Argent Industrial Ltd JSE:ART
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Argent Industrial's Debt-to-Asset for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(38.359 + 90.246) / 2903.017
=0.04

Argent Industrial's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(38.359 + 90.246) / 2903.017
=0.04

* 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 0.04 mean?
Argent Industrial (JSE:ART) has a Debt-to-Asset of 0.04 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Debt-to-Asset too high?
Argent Industrial's current Debt-to-Asset is 0.04. Overall, Argent Industrial has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Debt-to-Asset compare to NUE and STLD?
Argent Industrial's Debt-to-Asset of 0.04 can be compared against companies in the Steel 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 Steel company?
A good Debt-to-Asset depends on the Steel 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 Argent Industrial and its competitors. Argent Industrial's current Debt-to-Asset is 0.04. 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 R30.13, compared to a current price of R40.10 — trading 33.1% above its estimated fair value. The current Debt-to-Asset is 0.04. Argent Industrial's overall GF Score™ is 75/100 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 Argent Industrial (JSE:ART), the current Debt-to-Asset is 0.04 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 R40.10 is trading 33.1% above its estimated GF Value™ of R30.13. GuruFocus considers Argent Industrial to be Significantly Overvalued.

Key valuation signals for JSE:ART:

  • Debt-to-Asset: 0.04
  • GF Value™: R30.13 vs. price of R40.10 (33.1% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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 Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
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.
75GF Score

Get the complete analysis for JSE:ART

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

R40.10
Price
R30.13
GF Value