ASGOF (Asante Gold) Interest Coverage: 4.35 (As of Mar. 2026) — 100% Below Median


ASGOF Asante Gold Corp ASGOF
33 GF Score
Price $0.49
GF Value $1.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asante Gold Interest Coverage?

Asante Gold ASGOF +5.81% 33 Interest Coverage is 4.35 as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,319 Metals & Mining companies, Asante Gold ranks worse than 75814.94% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Asante Gold's Operating Income for the three months ended in Mar. 2026 was $45.9 Mil. Asante Gold's Interest Expense for the three months ended in Mar. 2026 was $-10.6 Mil. Asante Gold's interest coverage for the quarter that ended in Mar. 2026 was 4.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asante Gold's Interest Coverage or its related term are showing as below:


ASGOF's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Asante Gold  (OTCPK:ASGOF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Asante Gold Interest Coverage Related Terms


Asante Gold Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asante Gold's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Asante Gold Interest Coverage Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 0.00 0.00 0.00

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
Interest Coverage 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 0.00 0.00 0.00 4.35

ASGOF vs NEM, AU: Interest Coverage Comparison

For the Gold subindustry, Asante Gold's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asante Gold's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asante Gold's Interest Coverage falls into.


ASGOF
33GF Score
Asante Gold Corp ASGOF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Asante Gold Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Asante Gold's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Asante Gold's Interest Expense was $-22.8 Mil. Its Operating Income was $-137.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.8 Mil.

Asante Gold did not have earnings to cover the interest expense.

Asante Gold's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Asante Gold's Interest Expense was $-10.6 Mil. Its Operating Income was $45.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $287.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*45.915/-10.566
=4.35

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.35 mean?
Asante Gold (ASGOF) has a Interest Coverage of 4.35 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asante Gold and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Asante Gold ranks #999999 out of 1319 companies in the Metals & Mining industry.
Is Asante Gold's Interest Coverage too high?
Asante Gold's current Interest Coverage of 4.35 is 100% below median its 10-year median of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. Asante Gold's value of 4.35 is 100% below this industry median. Based on the distribution chart, Asante Gold ranks #999999 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #999999 out of 1319 companies for Interest Coverage. This places Asante Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Asante Gold's value of 4.35 is 100% below this benchmark. While the company's 10-year median is 10,000.00 vs. the industry median of 10,000.00, Asante Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Interest Coverage of 4.35 is 100% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Interest Coverage is 4.35, 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 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 $0.49 — trading 52.3% below its estimated fair value. The current Interest Coverage is 4.35, which is 100% below median its 10-year median of 10,000.00 and 100% below the Metals & Mining industry median of 10,000.00. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Interest Coverage is 4.35 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 $0.49 is trading 52.3% below its estimated GF Value™ of $1.02. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

  • Interest Coverage: 4.35 (100% below median its 10-year median of 10,000.00)
  • GF Value™: $1.02 vs. price of $0.49 (52.3% below fair value)
  • GF Score™: 33/100 with 5 warning signs
  • Industry Position: 100% below the Metals & Mining median (#999999 of 1319)

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.
33GF Score

Get the complete analysis for ASGOF

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

$0.49
Price
$1.02
GF Value