ASGOF (Asante Gold) Debt-to-EBITDA : 1.02 (As of Mar. 2026)

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ASGOF Asante Gold Corp ASGOF
38 GF Score
Price $0.60
GF Value $1.02
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Asante Gold Debt-to-EBITDA?

Asante Gold ASGOF +4.13% 38 Debt-to-EBITDA is 1.02 as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 38/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 596 Metals & Mining companies, Asante Gold ranks worse than 167785.07% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Asante Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.0 Mil. Asante Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $287.6 Mil. Asante Gold's annualized EBITDA for the quarter that ended in Mar. 2026 was $283.4 Mil. Asante Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.01.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Asante Gold's Debt-to-EBITDA or its related term are showing as below:

ASGOF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.59   Med: -1.1   Max: -0.09
Current: -2.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asante Gold was -0.09. The lowest was -3.59. And the median was -1.10.

ASGOF's Debt-to-EBITDA is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 1.235 vs ASGOF: -2.99

Asante Gold  (OTCPK:ASGOF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Asante Gold Debt-to-EBITDA Related Terms


Asante Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Asante Gold's Debt-to-EBITDA 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.

Asante Gold Debt-to-EBITDA Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.09 0.00 -0.53 -2.22

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
Debt-to-EBITDA 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 0.33 0.22 -0.33 -0.40 1.02

ASGOF vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, Asante Gold's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Asante Gold Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asante Gold's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asante Gold's Debt-to-EBITDA falls into.


ASGOF
38GF Score
Asante Gold Corp ASGOF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asante Gold Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Asante Gold's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(43.848 + 5.773) / -22.396
=-2.22

Asante Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 287.585) / 283.432
=1.01

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.02 mean?
Asante Gold (ASGOF) has a Debt-to-EBITDA of 1.02 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Asante Gold. According to the industry distribution chart, Asante Gold ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Asante Gold's Debt-to-EBITDA too high?
Asante Gold's current Debt-to-EBITDA is 1.02. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Asante Gold's value of 1.02 is 17.4% below this industry median. Based on the distribution chart, Asante Gold ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Asante Gold in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. Asante Gold's value of 1.02 is 17.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.24, based on 596 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Debt-to-EBITDA of 1.02 is 17.4% below 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Asante Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Debt-to-EBITDA is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.60 — trading 41.6% below its estimated fair value. The current Debt-to-EBITDA is 1.02 and 17.4% below the Metals & Mining industry median of 1.24. Asante Gold's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Debt-to-EBITDA is 1.02 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 Asante Gold (ASGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued. The current stock price of $0.60 is trading 41.6% below its estimated GF Value™ of $1.02. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

  • Debt-to-EBITDA: 1.02
  • GF Value™: $1.02 vs. price of $0.60 (41.6% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 17.4% below the Metals & Mining median (#999999 of 596)

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


Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
38GF Score

Get the complete analysis for ASGOF

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

$0.60
Price
$1.02
GF Value