Black Bear MineralsASX:BKB -0.96%17 Return-on-Tangible-Asset is -20.72% as of Dec. 2025. GuruFocus rates ASX:BKB with a GF Score™ of 17/100. Among 2,657 Metals & Mining companies, Black Bear Minerals ranks better than 50.09% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Black Bear Minerals's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-8.07 Mil. Black Bear Minerals's average total tangible assets for the quarter that ended in Dec. 2025 was A$38.97 Mil. Therefore, Black Bear Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -20.72%.
The historical rank and industry rank for Black Bear Minerals's Return-on-Tangible-Asset or its related term are showing as below:
ASX:BKB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -152.71 Med: -99.3 Max: -17.28
Current: -17.28
During the past 2 years, Black Bear Minerals's highest Return-on-Tangible-Asset was -17.28%. The lowest was -152.71%. And the median was -99.30%.
ASX:BKB's Return-on-Tangible-Asset is ranked better than 50.09% of 2657
companies
in the Metals & Mining industry
Industry Median: -17.41
vs ASX:BKB: -17.28
Black Bear Minerals (ASX:BKB) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Black Bear Minerals Return-on-Tangible-Asset Related Terms
Black Bear Minerals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Black Bear Minerals's Return-on-Tangible-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 Return-on-Tangible-Asset Chart
Black Bear Minerals Annual Data
Trend
Jun24
Jun25
Return-on-Tangible-Asset
-152.71
-45.89
Black Bear Minerals Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
-255.99
-47.06
-58.99
-16.35
-20.72
Black Bear Minerals Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Bear Minerals's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Bear Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Black Bear Minerals's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -20.72% mean?
Black Bear Minerals (ASX:BKB) has a Return-on-Tangible-Asset of -20.72% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Black Bear Minerals and its competitors. According to the industry distribution chart, Black Bear Minerals ranks #1326 out of 2657 companies in the Metals & Mining industry, placing it in the top 49.9%.
Is Black Bear Minerals' Return-on-Tangible-Asset too high?
Black Bear Minerals' current Return-on-Tangible-Asset is -20.72%. Based on the distribution chart, Black Bear Minerals ranks #1326 out of 2657 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Black Bear Minerals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Black Bear Minerals' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Black Bear Minerals ranks #1326 out of 2657 companies for Return-on-Tangible-Asset. This puts Black Bear Minerals in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Black Bear Minerals and its competitors. Black Bear Minerals's current Return-on-Tangible-Asset is -20.72%. 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 Return-on-Tangible-Asset of -20.72%. The current Return-on-Tangible-Asset is -20.72%. Black Bear Minerals' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Black Bear Minerals (ASX:BKB), the current Return-on-Tangible-Asset is -20.72% 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 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.
17GF Score
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