ASGOF (Asante Gold) LT-Debt-to-Total-Asset: 0.29 (As of Mar. 2026)

What is Asante Gold LT-Debt-to-Total-Asset?

Asante Gold ASGOF -0.33% 20 LT-Debt-to-Total-Asset is 0.29 as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 20/100 and a GF Value™ of $0.98 (Possible Value Trap). The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Asante Gold's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.29.

Asante Gold's long-term debt to total assets ratio increased from Jan. 2025 (0.00) to Mar. 2026 (0.29). It may suggest that Asante Gold is progressively becoming more dependent on debt to grow their business.

Asante Gold (OTCPK:ASGOF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Asante Gold LT-Debt-to-Total-Asset Related Terms

Asante Gold LT-Debt-to-Total-Asset Historical Data

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

Asante Gold LT-Debt-to-Total-Asset Chart

Asante Gold Annual Data

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LT-Debt-to-Total-Asset

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0.00

0.01

Asante Gold Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.00	0.00	0.00	0.28	0.29

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Asante Gold Corp ASGOF

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Asante Gold LT-Debt-to-Total-Asset Calculation

Asante Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	5.773	/	683.466
	=	0.01

Asante Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	287.585	/	1004.325
	=	0.29

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.29 mean?

Asante Gold (ASGOF) has a LT-Debt-to-Total-Asset of 0.29 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Asante Gold and its competitors.

Is Asante Gold's LT-Debt-to-Total-Asset too high?

Asante Gold's current LT-Debt-to-Total-Asset is 0.29. Overall, Asante Gold has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Asante Gold's LT-Debt-to-Total-Asset compare to NEM and AU?

Asante Gold's LT-Debt-to-Total-Asset of 0.29 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 LT-Debt-to-Total-Asset for a Metals & Mining company?

A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Asante Gold and its competitors. Asante Gold's current LT-Debt-to-Total-Asset is 0.29. 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 $0.98, compared to a current price of $0.49 — trading 50.5% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.29. Asante Gold's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Asante Gold (ASGOF), the current LT-Debt-to-Total-Asset is 0.29 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 50.5% below its estimated GF Value™ of $0.98. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

LT-Debt-to-Total-Asset: 0.29
GF Value™: $0.98 vs. price of $0.49 (50.5% below fair value)
GF Score™: 20/100 with 5 warning signs

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

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:GRZ TSX:LGD TSX:ITH TSXV:THX TSXV:AUXX TSXV:MKO TSX:GAU TSX:ATX TSXV:NFG TSXV:MAI SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges ASG:Ghana 1A9:Germany ASE:Canada

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website https://www.asantegold.com

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.

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$0.49

Price

$0.98

GF Value

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