Black Bear MineralsASX:BKB -13.21%16 ROA % is -20.72% as of Dec. 2025. GuruFocus rates ASX:BKB with a GF Score™ of 16/100. Among 2,665 Metals & Mining companies, Black Bear Minerals ranks worse than 50.66% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. 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 Assets over the quarter that ended in Dec. 2025 was A$38.97 Mil. Therefore, Black Bear Minerals's annualized ROA % for the quarter that ended in Dec. 2025 was -20.72%.
The historical rank and industry rank for Black Bear Minerals's ROA % or its related term are showing as below:
ASX:BKB'
s ROA % 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 ROA % was -17.28%. The lowest was -152.71%. And the median was -99.30%.
ASX:BKB's ROA % is ranked worse than 50.66% of 2665
companies
in the Metals & Mining industry
Industry Median: -16.72
vs ASX:BKB: -17.28
Black Bear Minerals (ASX:BKB) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Black Bear Minerals ROA % Related Terms
Black Bear Minerals ROA % Historical Data
* Premium members only.
The historical data trend for Black Bear Minerals's ROA % 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 ROA % Chart
Black Bear Minerals Annual Data
Trend
Jun24
Jun25
ROA %
-152.71
-45.89
Black Bear Minerals Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
ROA %
-255.99
-47.06
-58.99
-16.35
-20.72
Black Bear Minerals ROA % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Bear Minerals's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Bear Minerals's ROA % distribution charts can be found below:
* The bar in red indicates where Black Bear Minerals's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Black Bear Minerals (ASX:BKB) has a ROA % of -20.72% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Black Bear Minerals and its competitors. According to the industry distribution chart, Black Bear Minerals ranks #1350 out of 2665 companies in the Metals & Mining industry, placing it in the top 50.7%.
Is Black Bear Minerals' ROA % too high?
Black Bear Minerals' current ROA % is -20.72%. Based on the distribution chart, Black Bear Minerals ranks #1350 out of 2665 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Black Bear Minerals has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Black Bear Minerals' ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Black Bear Minerals ranks #1350 out of 2665 companies for ROA %. This places Black Bear Minerals in the lower 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 ROA % for a Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Black Bear Minerals and its competitors. Black Bear Minerals's current ROA % 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 ROA % of -20.72%. The current ROA % is -20.72%. Black Bear Minerals' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Black Bear Minerals (ASX:BKB), the current ROA % 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.
16GF Score
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