BRVRF (Blue River Resources) Equity-to-Asset: -15.02 (As of Jul. 2023)

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What is Blue River Resources Equity-to-Asset?

Blue River Resources BRVRF -99.93% Equity-to-Asset is -15.02 as of Jul. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blue River Resources's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $-0.87 Mil. Blue River Resources's Total Assets for the quarter that ended in Jul. 2023 was $0.06 Mil.

The historical rank and industry rank for Blue River Resources's Equity-to-Asset or its related term are showing as below:

BRVRF'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.

Blue River Resources  (OTCPK:BRVRF) 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%.

Blue River Resources Equity-to-Asset Related Terms

Blue River Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Blue River Resources'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.

Blue River Resources Equity-to-Asset Chart

Blue River Resources Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.17 -15.16 -29.60 -3.20 -10.95

Blue River Resources Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -12.90 -10.95 -11.15 -9.50 -15.02

BRVRF vs FCX, SCCO: Equity-to-Asset Comparison

For the Copper subindustry, Blue River Resources'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.

Blue River Resources Equity-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Blue River Resources's Equity-to-Asset falls into.


Blue River Resources 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.

Blue River Resources's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Equity to Asset (A: Oct. 2022 )=Total Stockholders Equity/Total Assets
=-0.657/0.06
=

Blue River Resources's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-0.871/0.058
=

* 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 -15.02 mean?
Blue River Resources (BRVRF) has a Equity-to-Asset of -15.02 as of Jul. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blue River Resources and its competitors.
Is Blue River Resources' Equity-to-Asset too high?
Blue River Resources' current Equity-to-Asset is -15.02.
How does Blue River Resources' Equity-to-Asset compare to FCX and SCCO?
Blue River Resources' Equity-to-Asset of -15.02 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. 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 2,672 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. 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 Blue River Resources 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. Blue River Resources's current Equity-to-Asset is -15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue River Resources stock overvalued right now?
Blue River Resources (BRVRF) has a current Equity-to-Asset of -15.02. The current Equity-to-Asset is -15.02. 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 Blue River Resources (BRVRF), the current Equity-to-Asset is -15.02 as of Jul. 2023. 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.

Blue River Resources Business Description

Address 1128 Alberni Street, Suite 2607, Vancouver, BC, CAN, V6E 4R6
Blue River Resources Ltd is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral resource properties. The firm explores copper and gold deposits. Its portfolio includes the following: SWB Mining Claims in Ontario and Castle Copper Project in British Columbia.