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Black CanyonASX:BCA 30 Equity-to-Asset is 0.98 as of Dec. 2025, which is 2% above its 10-year median of 0.96. GuruFocus rates ASX:BCA with a GF Score™ of 30/100. Among 2,669 Metals & Mining companies, Black Canyon ranks better than 93.41% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Black Canyon's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$20.91 Mil. Black Canyon's Total Assets for the quarter that ended in Dec. 2025 was A$21.25 Mil.
The historical rank and industry rank for Black Canyon's Equity-to-Asset or its related term are showing as below:
ASX:BCA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.96 Max: 0.99
Current: 0.98
During the past 5 years, the highest Equity to Asset Ratio of Black Canyon was 0.99. The lowest was 0.88. And the median was 0.96.
ASX:BCA's Equity-to-Asset is ranked better than 93.41% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.8
vs ASX:BCA: 0.98
Black Canyon (ASX:BCA) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Black Canyon Equity-to-Asset Related Terms
Black Canyon Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Black Canyon's Equity-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 Canyon Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Canyon's Equity-to-Asset, along with its competitors' market caps and Equity-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 Canyon Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Canyon's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Black Canyon's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Black Canyon's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Black Canyon (ASX:BCA) has a Equity-to-Asset of 0.98 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Canyon and its competitors. This is near median its historical median of 0.96. Over the past decade, Black Canyon's Equity-to-Asset has ranged from 0.88 to 0.99. According to the industry distribution chart, Black Canyon ranks #176 out of 2669 companies in the Metals & Mining industry, placing it in the top 6.6%.
Is Black Canyon's Equity-to-Asset too high?
Black Canyon's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Black Canyon's value of 0.98 is 22.5% above this industry median. Based on the distribution chart, Black Canyon ranks #176 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Black Canyon has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Black Canyon ranks #176 out of 2669 companies for Equity-to-Asset. This places Black Canyon in the top 7% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Black Canyon's value of 0.98 is 22.5% above this benchmark. Historically, Black Canyon's own Equity-to-Asset has ranged from 0.88 to 0.99 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.80, Black Canyon has consistently been above 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Canyon's current Equity-to-Asset of 0.98 is 22.5% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Canyon and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Canyon's current Equity-to-Asset is 0.98, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Canyon stock overvalued right now?
Black Canyon (ASX:BCA) has a current Equity-to-Asset of 0.98. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.96 and 22.5% above the Metals & Mining industry median of 0.80. Black Canyon's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Black Canyon (ASX:BCA), the current Equity-to-Asset is 0.98 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.
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. The company's project includes the Fig Tree project, the Wandanya project, the KR1/KR2 projects, and the Oakover West project. Geographically, the company operates within Australia.
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