Black Range Minerals (ASX:BLR) Debt-to-Asset : 0.03 (As of Dec. 2014)

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What is Black Range Minerals Debt-to-Asset?

Black Range Minerals ASX:BLR Debt-to-Asset is 0.03 as of Dec. 2014. The stock has 3 warning signs investors should review.

Black Range Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.56 Mil. Black Range Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Black Range Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2014 was A$20.53 Mil. Black Range Minerals's debt to asset for the quarter that ended in Dec. 2014 was 0.03.

Black Range Minerals  (ASX:BLR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Black Range Minerals Debt-to-Asset Related Terms

Black Range Minerals Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Black Range Minerals's Debt-to-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.

Black Range Minerals Debt-to-Asset Chart

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.02

Black Range Minerals Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Debt-to-Asset 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 0.09 0.02 0.03

Black Range Minerals Debt-to-Asset Competitor Comparison

For the Copper subindustry, Black Range Minerals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Black Range Minerals Debt-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Range Minerals's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Black Range Minerals's Debt-to-Asset falls into.


Black Range Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Black Range Minerals's Debt-to-Asset for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.494 + 0) / 26.168
=0.02

Black Range Minerals's Debt-to-Asset for the quarter that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.563 + 0) / 20.525
=0.03

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.03 mean?
Black Range Minerals (ASX:BLR) has a Debt-to-Asset of 0.03 as of Dec. 2014. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Black Range Minerals and its competitors.
Is Black Range Minerals' Debt-to-Asset too high?
Black Range Minerals' current Debt-to-Asset is 0.03.
How does Black Range Minerals' Debt-to-Asset compare to competitors?
Black Range Minerals' Debt-to-Asset of 0.03 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 Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Black Range Minerals and its competitors. Black Range Minerals's current Debt-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Range Minerals stock overvalued right now?
Black Range Minerals (ASX:BLR) has a current Debt-to-Asset of 0.03. The current Debt-to-Asset is 0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Black Range Minerals (ASX:BLR), the current Debt-to-Asset is 0.03 as of Dec. 2014. 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.

Black Range Minerals Business Description

Black Range Minerals Limited is a minerals exploration company, focused on growth through acquisition, exploration and development. The Company is focused on advancing the Taylor Ranch/Hansen uranium project in Colorado towards production.