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Asante Gold Corporation

Asante Gold Corporation

ASGOF
Asante Gold CorporationUS flagOther OTC
0.60
USD
+0.05
- -
541.78MMarket Cap

Total Valuation

Asante Gold Corporation carries a market capitalization of 541.78M, placing it among publicly traded companies globally. Its enterprise value stands at 737.42M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap541.78M
Enterprise Value737.42M

Share Statistics

Asante Gold Corporation currently has 904.55M shares outstanding.

Shares Outstanding904.55M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

The price-to-sales ratio is 0.53, and the price-to-book ratio stands at 5.11.

PE RatioN/A
PS Ratio0.53
PB Ratio5.11
P/TBV Ratio5.11
P/FCF Ratio2.85
P/OCF Ratio-24.75

Enterprise Valuation

On an enterprise value basis, Asante Gold Corporation trades at an EV/EBITDA multiple of 5.91 and an EV/FCF ratio of 3.84.

EV / Sales0.95
EV / EBITDA5.91
EV / EBITN/A
EV / FCF3.84

Financial Position

Asante Gold Corporation maintains a current ratio of 0.56, meaning it holds 0.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 292.03, indicating elevated leverage, while an interest coverage ratio of 2.87 demonstrates limited ability to service its debt obligations.

Current Ratio0.56
Quick Ratio0.26
Debt / Equity292.03
Debt / EBITDA2.38
Interest Coverage2.87

Financial Efficiency

Return on Equity (ROE)-412.29
Return on Assets (ROA)-35.49
Return on Invested Capital (ROIC)N/A
Return on Capital Employed (ROCE)181.36
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover7.29

Taxes

Over the trailing twelve months, Asante Gold Corporation has paid 26.54M in income taxes, reflecting an effective tax rate of 322.46.

Income Tax26.54M
Effective Tax Rate322.46

Stock Price Statistics

Asante Gold Corporation's stock has declined approximately -63.47866% over the past 52 weeks. The 50-day moving average sits at 0.66, while the 200-day moving average is 0.84.

Beta (5Y)N/A
52-Week Price Change-63.47866%
50-Day Moving Average0.66
200-Day Moving Average0.84
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Asante Gold Corporation generated 773.97M in revenue and converted that into -314.75M in net income, yielding earnings per share of -0.43. EBITDA reached 124.82M, while operating income came in at -51.56M.

Revenue773.97M
Gross Profit9.57M
Operating Income-51.56M
Pretax Income-298.74M
Net Income-314.75M
EBITDA124.82M
EBIT-51.56M
Earnings Per Share (EPS)-0.43

Balance Sheet

Asante Gold Corporation holds 61.33M in cash and equivalents against 296.90M in total debt, resulting in a net debt position of 228.76M. Total book value stands at 97.32M, with working capital of -217.61M providing operational flexibility.

Cash & Cash Equivalents61.33M
Total Debt296.90M
Net Debt228.76M
Equity (Book Value)97.32M
Book Value Per Share0.11
Working Capital-217.61M

Cash Flow

Asante Gold Corporation produced -16.68M in operating cash flow over the past twelve months. After subtracting -161.36M in capital expenditures, free cash flow totaled -178.04M - equivalent to -0.24 per share.

Operating Cash Flow-16.68M
Capital Expenditures-161.36M
Free Cash Flow-178.04M
FCF Per Share-0.24

Margins

Asante Gold Corporation operates with a gross margin of 1.24, reflecting its pricing power and cost economics. The operating margin of -6.66 and net profit margin of -40.67 provide insight into operational efficiency.

Gross Margin1.24
Operating Margin-6.66
Pretax Margin-38.60
Profit Margin-40.67
EBITDA Margin16.13

Dividends & Yields

Dividend Per ShareN/A
Dividend YieldN/A
Payout RatioN/A
Shareholder Yield-81.55
FCF Yield35.05

Scores

Asante Gold Corporation posts an Altman Z-Score of -0.29, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-0.29