BlackRock World Mining Trust (LSE:BRWM) Debt-to-Equity: 0.06 (As of Dec. 2025) — 54% Below Median

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LSE:BRWM BlackRock World Mining Trust PLC LSE:BRWM
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What is BlackRock World Mining Trust Debt-to-Equity?

BlackRock World Mining Trust LSE:BRWM -0.77% 37 Debt-to-Equity is 0.06 as of Dec. 2025, which is 54% below its 10-year median of 0.13. GuruFocus rates LSE:BRWM with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 931 Asset Management companies, BlackRock World Mining Trust ranks better than 79.05% on this metric.

BlackRock World Mining Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.0 Mil. BlackRock World Mining Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £96.7 Mil. BlackRock World Mining Trust's Total Stockholders Equity for the quarter that ended in Dec. 2025 was £1,598.4 Mil. BlackRock World Mining Trust's debt to equity for the quarter that ended in Dec. 2025 was 0.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BlackRock World Mining Trust's Debt-to-Equity or its related term are showing as below:

LSE:BRWM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.13   Max: 0.17
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of BlackRock World Mining Trust was 0.17. The lowest was 0.06. And the median was 0.13.

LSE:BRWM's Debt-to-Equity is ranked better than
79.05% of 931 companies
in the Asset Management industry
Industry Median: 0.22 vs LSE:BRWM: 0.06

BlackRock World Mining Trust  (LSE:BRWM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


BlackRock World Mining Trust Debt-to-Equity Related Terms


BlackRock World Mining Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BlackRock World Mining Trust's Debt-to-Equity 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.

BlackRock World Mining Trust Debt-to-Equity Chart

BlackRock World Mining Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.13 0.14 0.06

BlackRock World Mining Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity 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 0.13 0.12 0.14 0.09 0.06

LSE:BRWM vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, BlackRock World Mining Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


BlackRock World Mining Trust Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock World Mining Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BlackRock World Mining Trust's Debt-to-Equity falls into.


LSE:BRWM
37GF Score
BlackRock World Mining Trust PLC LSE:BRWM
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BlackRock World Mining Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackRock World Mining Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

BlackRock World Mining Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.06 mean?
BlackRock World Mining Trust (LSE:BRWM) has a Debt-to-Equity of 0.06 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BlackRock World Mining Trust and its competitors. This is 54% below median its historical median of 0.13. Over the past decade, BlackRock World Mining Trust's Debt-to-Equity has ranged from 0.06 to 0.17. According to the industry distribution chart, BlackRock World Mining Trust ranks #195 out of 931 companies in the Asset Management industry, placing it in the top 20.9%.
Is BlackRock World Mining Trust's Debt-to-Equity too high?
BlackRock World Mining Trust's current Debt-to-Equity of 0.06 is 54% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.17. The Asset Management industry median Debt-to-Equity is 0.22. BlackRock World Mining Trust's value of 0.06 is 72.7% below this industry median. Based on the distribution chart, BlackRock World Mining Trust ranks #195 out of 931 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock World Mining Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock World Mining Trust's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock World Mining Trust ranks #195 out of 931 companies for Debt-to-Equity. This places BlackRock World Mining Trust in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.22. BlackRock World Mining Trust's value of 0.06 is 72.7% below this benchmark. Historically, BlackRock World Mining Trust's own Debt-to-Equity has ranged from 0.06 to 0.17 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.22, BlackRock World Mining Trust 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 Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.22, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock World Mining Trust's current Debt-to-Equity of 0.06 is 72.7% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BlackRock World Mining Trust and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock World Mining Trust's current Debt-to-Equity is 0.06, which is 54% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock World Mining Trust stock overvalued right now?
BlackRock World Mining Trust (LSE:BRWM) has a current Debt-to-Equity of 0.06. The current Debt-to-Equity is 0.06, which is 54% below median its 10-year median of 0.13 and 72.7% below the Asset Management industry median of 0.22. BlackRock World Mining Trust's overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BlackRock World Mining Trust (LSE:BRWM), the current Debt-to-Equity is 0.06 as of Dec. 2025. 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.

BlackRock World Mining Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. It focuses on investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.
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