GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asante Gold Corp (OTCPK:ASGOF) » Definitions » Debt-to-Revenue

Asante Gold (Asante Gold) Debt-to-Revenue : 0.09 (As of Oct. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Asante Gold Debt-to-Revenue?

Debt-to-Revenue 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 Oct. 2023 was $25.7 Mil. Asante Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $7.8 Mil. Asante Gold's annualized Revenue for the quarter that ended in Oct. 2023 was $382.2 Mil. Asante Gold's annualized Debt-to-Revenue for the quarter that ended in Oct. 2023 was 0.09.


Asante Gold Debt-to-Revenue Historical Data

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

* Premium members only.

Asante Gold Debt-to-Revenue Chart

Asante Gold Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 0.17

Asante Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Debt-to-Revenue 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 - 0.07 0.10 0.10 0.09

Competitive Comparison of Asante Gold's Debt-to-Revenue

For the Gold subindustry, Asante Gold's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Metals & Mining Industry

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

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



Asante Gold Debt-to-Revenue Calculation

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

Asante Gold's Debt-to-Revenue for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(35.01 + 0) / 204.686
=0.17

Asante Gold's annualized Debt-to-Revenue for the quarter that ended in Oct. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(25.672 + 7.753) / 382.16
=0.09

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Oct. 2023) Revenue data.


Asante Gold Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Asante Gold's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Asante Gold (Asante Gold) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.

Asante Gold (Asante Gold) Headlines

From GuruFocus