Black Rock Mining (ASX:BKT) ROA %: -12.11% (As of Dec. 2025)


What is Black Rock Mining ROA %?

Black Rock Mining ASX:BKT -8.33% ROA % is -12.11% as of Dec. 2025. The stock has 1 warning sign investors should review. Among 2,665 Metals & Mining companies, Black Rock Mining ranks better than 55.08% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Black Rock Mining's annualized Net Income for the quarter that ended in Dec. 2025 was A$-7.69 Mil. Black Rock Mining's average Total Assets over the quarter that ended in Dec. 2025 was A$63.53 Mil. Therefore, Black Rock Mining's annualized ROA % for the quarter that ended in Dec. 2025 was -12.11%.

The historical rank and industry rank for Black Rock Mining's ROA % or its related term are showing as below:

ASX:BKT' s ROA % Range Over the Past 10 Years
Min: -19.31   Med: -14.54   Max: -9.96
Current: -12.03

During the past 13 years, Black Rock Mining's highest ROA % was -9.96%. The lowest was -19.31%. And the median was -14.54%.

ASX:BKT's ROA % is ranked better than
55.08% of 2665 companies
in the Metals & Mining industry
Industry Median: -16.72 vs ASX:BKT: -12.03

Black Rock Mining  (ASX:BKT) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-7.694/63.5265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.694 / 0)*(0 / 63.5265)
=Net Margin %*Asset Turnover
=N/A %*0
=-12.11 %

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 Rock Mining ROA % Related Terms


Black Rock Mining ROA % Historical Data

* Premium members only.

The historical data trend for Black Rock Mining'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 Rock Mining ROA % Chart

Black Rock Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.96 -13.35 -15.25 -16.20 -14.58

Black Rock Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % 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 -17.47 -16.56 -16.94 -12.27 -12.11

Black Rock Mining ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Rock Mining'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 Rock Mining ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Rock Mining's ROA % distribution charts can be found below:

* The bar in red indicates where Black Rock Mining's ROA % falls into.



Black Rock Mining ROA % Calculation

Black Rock Mining's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=-8.929/( (63.106+59.418)/ 2 )
=-8.929/61.262
=-14.58 %

Black Rock Mining's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-7.694/( (59.418+67.635)/ 2 )
=-7.694/63.5265
=-12.11 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -12.11% mean?
Black Rock Mining (ASX:BKT) has a ROA % of -12.11% 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 Rock Mining and its competitors. According to the industry distribution chart, Black Rock Mining ranks #1197 out of 2665 companies in the Metals & Mining industry, placing it in the top 44.9%.
Is Black Rock Mining's ROA % too high?
Black Rock Mining's current ROA % is -12.11%. Based on the distribution chart, Black Rock Mining ranks #1197 out of 2665 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Black Rock Mining's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Black Rock Mining ranks #1197 out of 2665 companies for ROA %. This puts Black Rock Mining 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 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 Rock Mining and its competitors. Black Rock Mining's current ROA % is -12.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Rock Mining stock overvalued right now?
Black Rock Mining (ASX:BKT) has a current ROA % of -12.11%. The current ROA % is -12.11%. 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 Rock Mining (ASX:BKT), the current ROA % is -12.11% 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 Rock Mining Business Description

Other Exchanges N5V:Germany
Address Level 1, 1 Walker Avenue, West Perth, Perth, WA, AUS, 6005
Black Rock Mining Ltd is a graphite exploration company. The company is engaged in exploring and developing its Mahenge graphite project in Tanzania.