Black Range Minerals (ASX:BLR) Equity-to-Asset: 0.90 (As of Dec. 2014) — 27% Above Median

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What is Black Range Minerals Equity-to-Asset?

Black Range Minerals ASX:BLR Equity-to-Asset is 0.90 as of Dec. 2014, which is 27% above its 10-year median of 0.71. The stock has 3 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Black Range Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2014 was A$18.50 Mil. Black Range Minerals's Total Assets for the quarter that ended in Dec. 2014 was A$20.53 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Black Range Minerals was 0.97. The lowest was 0.00. And the median was 0.71.

ASX:BLR's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Black Range Minerals  (ASX:BLR) 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 Range Minerals Equity-to-Asset Related Terms


Black Range Minerals Equity-to-Asset Historical Data

* Premium members only.

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

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.98 0.98 0.97 0.94

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
Equity-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 0.96 0.97 0.88 0.94 0.90

Black Range Minerals Equity-to-Asset Competitor Comparison

For the Copper subindustry, Black Range 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 Range Minerals Equity-to-Asset vs Metals & Mining Industry

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

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



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

Equity to Asset (A: Jun. 2014 )=Total Stockholders Equity/Total Assets
=24.472/26.168
=

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

Equity to Asset (Q: Dec. 2014 )=Total Stockholders Equity/Total Assets
=18.5/20.525
=

* 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 0.90 mean?
Black Range Minerals (ASX:BLR) has a Equity-to-Asset of 0.90 as of Dec. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Range Minerals and its competitors. This is 27% above median its historical median of 0.71.
Is Black Range Minerals' Equity-to-Asset too high?
Black Range Minerals' current Equity-to-Asset of 0.90 is 27% above median its 10-year median of 0.71. The Metals & Mining industry median Equity-to-Asset is 0.80. Black Range Minerals' value of 0.90 is 12.5% above this industry median.
How does Black Range Minerals' Equity-to-Asset compare to competitors?
Black Range Minerals' Equity-to-Asset of 0.90 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Black Range Minerals' value of 0.90 is 12.5% above this benchmark. While the company's 10-year median is 0.71 vs. the industry median of 0.80, Black Range Minerals 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 Range Minerals's current Equity-to-Asset of 0.90 is 12.5% 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 Range 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 Range Minerals's current Equity-to-Asset is 0.90, which is 27% above median its own 10-year median of 0.71. 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 Equity-to-Asset of 0.90. The current Equity-to-Asset is 0.90, which is 27% above median its 10-year median of 0.71 and 12.5% above the Metals & Mining industry median of 0.80. 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 Range Minerals (ASX:BLR), the current Equity-to-Asset is 0.90 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.