ONTRF (Blackrock Oil) Liabilities-to-Assets : 0.91 (As of Jun. 2014)

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What is Blackrock Oil Liabilities-to-Assets?

Blackrock Oil ONTRF Liabilities-to-Assets is 0.91 as of Jun. 2014.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Blackrock Oil's Total Liabilities for the quarter that ended in Jun. 2014 was $0.14 Mil. Blackrock Oil's Total Assets for the quarter that ended in Jun. 2014 was $0.15 Mil. Therefore, Blackrock Oil's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2014 was 0.91.


Blackrock Oil  (OTCPK:ONTRF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Blackrock Oil Liabilities-to-Assets Related Terms


Blackrock Oil Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Blackrock Oil's Liabilities-to-Assets 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 Oil Liabilities-to-Assets Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Liabilities-to-Assets
0.01 0.17 0.34 0.61 0.91

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Liabilities-to-Assets 0.01 0.17 0.34 0.61 0.91

ONTRF vs WODI, BMMCF: Liabilities-to-Assets Comparison

For the Oil & Gas E&P subindustry, Blackrock Oil's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Oil Liabilities-to-Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Blackrock Oil's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Blackrock Oil's Liabilities-to-Assets falls into.



Blackrock Oil Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Blackrock Oil's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Liabilities-to-Assets (A: Jun. 2014 )=Total Liabilities/Total Assets
=0.139/0.152
=0.91

Blackrock Oil's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2014 is calculated as

Liabilities-to-Assets (Q: Jun. 2014 )=Total Liabilities/Total Assets
=0.139/0.152
=0.91

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.91 mean?
Blackrock Oil (ONTRF) has a Liabilities-to-Assets of 0.91 as of Jun. 2014. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Blackrock Oil and its competitors.
Is Blackrock Oil's Liabilities-to-Assets too high?
Blackrock Oil's current Liabilities-to-Assets is 0.91.
How does Blackrock Oil's Liabilities-to-Assets compare to WODI and BMMCF?
Blackrock Oil's Liabilities-to-Assets of 0.91 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Blackrock Oil and its competitors. Blackrock Oil's current Liabilities-to-Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) has a current Liabilities-to-Assets of 0.91. The current Liabilities-to-Assets is 0.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Blackrock Oil (ONTRF), the current Liabilities-to-Assets is 0.91 as of Jun. 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.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.