Black Bear Minerals (ASX:BKB) Equity-to-Asset: 0.77 (As of Dec. 2025) — 17% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:BKB Black Bear Minerals Ltd ASX:BKB
9 GF Score
Price A$0.48
View Full Analysis

What is Black Bear Minerals Equity-to-Asset?

Black Bear Minerals ASX:BKB -2.04% 9 Equity-to-Asset is 0.77 as of Dec. 2025, which is 17% below its 10-year median of 0.93. GuruFocus rates ASX:BKB with a GF Score™ of 9/100. Among 2,669 Metals & Mining companies, Black Bear Minerals ranks worse than 51.97% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Black Bear Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$44.56 Mil. Black Bear Minerals's Total Assets for the quarter that ended in Dec. 2025 was A$58.27 Mil.

The historical rank and industry rank for Black Bear Minerals's Equity-to-Asset or its related term are showing as below:

ASX:BKB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.93   Max: 0.98
Current: 0.77

During the past 2 years, the highest Equity to Asset Ratio of Black Bear Minerals was 0.98. The lowest was 0.77. And the median was 0.93.

ASX:BKB's Equity-to-Asset is ranked worse than
51.97% of 2669 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:BKB: 0.77

Black Bear Minerals  (ASX:BKB) 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 Bear Minerals Equity-to-Asset Related Terms


Black Bear Minerals Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Black Bear Minerals'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 Bear Minerals Equity-to-Asset Chart

Black Bear Minerals Annual Data
Trend Jun24 Jun25
Equity-to-Asset
0.85 0.94

Black Bear Minerals Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset 0.98 0.85 0.93 0.94 0.77

Black Bear Minerals Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Bear Minerals'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 Bear Minerals Equity-to-Asset vs Metals & Mining Industry

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

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


ASX:BKB
9GF Score
Black Bear Minerals Ltd ASX:BKB
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Bear Minerals Equity-to-Asset Calculation

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 Bear Minerals's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=18.554/19.676
=

Black Bear Minerals's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=44.557/58.27
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.77 mean?
Black Bear Minerals (ASX:BKB) has a Equity-to-Asset of 0.77 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 Bear Minerals and its competitors. This is 17% below median its historical median of 0.93. Over the past decade, Black Bear Minerals' Equity-to-Asset has ranged from 0.77 to 0.98. According to the industry distribution chart, Black Bear Minerals ranks #1387 out of 2669 companies in the Metals & Mining industry, placing it in the top 52%.
Is Black Bear Minerals' Equity-to-Asset too high?
Black Bear Minerals' current Equity-to-Asset of 0.77 is 17% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 0.98. The Metals & Mining industry median Equity-to-Asset is 0.80. Black Bear Minerals' value of 0.77 is 3.8% below this industry median. Based on the distribution chart, Black Bear Minerals ranks #1387 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Black Bear Minerals has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Black Bear Minerals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Black Bear Minerals ranks #1387 out of 2669 companies for Equity-to-Asset. This places Black Bear Minerals in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Black Bear Minerals' value of 0.77 is 3.8% below this benchmark. Historically, Black Bear Minerals' own Equity-to-Asset has ranged from 0.77 to 0.98 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.80, Black Bear Minerals 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 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 Bear Minerals's current Equity-to-Asset of 0.77 is 3.8% 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 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 Bear Minerals 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 Bear Minerals's current Equity-to-Asset is 0.77, which is 17% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Bear Minerals stock overvalued right now?
Black Bear Minerals (ASX:BKB) has a current Equity-to-Asset of 0.77. The current Equity-to-Asset is 0.77, which is 17% below median its 10-year median of 0.93 and 3.8% below the Metals & Mining industry median of 0.80. Black Bear Minerals' overall GF Score™ is 9/100. 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 Bear Minerals (ASX:BKB), the current Equity-to-Asset is 0.77 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 Bear Minerals Business Description

Other Exchanges BKBMF:USABL00:Germany
Address 1 Tully Road, Suite 1, East Perth, Perth, WA, AUS, 6004
Black Bear Minerals Ltd is an exploration and development company strategically focused on high-grade silver and gold projects within Tier-1 mining jurisdictions in North America. The company's core focus is driven by the rising demand for domestic supply of precious metals, particularly silver, a designated U.S. Critical Mineral. The company operates in two key assets: the Shafter Silver Project in Texas and the Independence Gold Project in Nevada. The Shafter Silver Project is permitted asset hosting 17.5 Moz of silver at 289 g/t, supported by existing mine and processing infrastructure. The Independence Gold Project, where a JORC resource was reported at 4.59 Mt @ 6.67 g/t Au for 984 koz Au (skarn) and 419 koz of near-surface gold has been outlined, highlights growth potential.
9GF Score

Get the complete analysis for ASX:BKB

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.48
Price