Black Canyon (ASX:BCA) Financial Strength: 9 (As of Dec. 2025) — Near 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:BCA Black Canyon Ltd ASX:BCA
32 GF Score
Price A$0.35
View Full Analysis

What is Black Canyon Financial Strength?

Black Canyon ASX:BCA 32 Financial Strength is 9 as of Dec. 2025, which is at its 10-year median of 9.00. GuruFocus rates ASX:BCA with a GF Score™ of 32/100.

Black Canyon has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Black Canyon Ltd shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Black Canyon has no long-term debt (1). As of today, Black Canyon's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Black Canyon  (ASX:BCA) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Black Canyon has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Black Canyon Financial Strength Related Terms


Black Canyon Financial Strength Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Canyon's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Canyon's Financial Strength distribution charts can be found below:

* The bar in red indicates where Black Canyon's Financial Strength falls into.


ASX:BCA
32GF Score
Black Canyon Ltd ASX:BCA
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Canyon Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Black Canyon's Interest Expense for the months ended in Dec. 2025 was A$0.00 Mil. Its Operating Income for the months ended in Dec. 2025 was A$-1.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil.

Black Canyon's Interest Coverage for the quarter that ended in Dec. 2025 is

Black Canyon had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Black Canyon Ltd has no debt.

2. Debt to revenue ratio. The lower, the better.

Black Canyon's Debt to Revenue Ratio for the quarter that ended in Dec. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Black Canyon has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 9 mean?
Black Canyon (ASX:BCA) has a Financial Strength of 9 as of Dec. 2025. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Black Canyon and its competitors. This is near median its historical median of 9.00. Over the past decade, Black Canyon's Financial Strength has ranged from 3.00 to 10.00.
Is Black Canyon's Financial Strength too high?
Black Canyon's current Financial Strength of 9 is near median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. Overall, Black Canyon has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's Financial Strength compare to competitors?
Black Canyon's Financial Strength of 9 can be compared against companies in the Metals & Mining industry. Historically, Black Canyon's own Financial Strength has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Metals & Mining company?
A good Financial Strength depends on the Metals & Mining industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Black Canyon and its competitors. Black Canyon's current Financial Strength is 9, which is near median its own 10-year median of 9.00. 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 Financial Strength of 9. The current Financial Strength is 9, which is near median its 10-year median of 9.00. Black Canyon's overall GF Score™ is 32/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Black Canyon (ASX:BCA), the current Financial Strength is 9 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 Business Description

Address 35 Richardson Street, West Perth, Perth, WA, AUS, 6005
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.
32GF Score

Get the complete analysis for ASX:BCA

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

A$0.35
Price