Black Canyon (ASX:BCA) Scaled Net Operating Assets: 1.02 (As of Dec. 2025)


ASX:BCA Black Canyon Ltd ASX:BCA
38 GF Score
Price A$0.39
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What is Black Canyon Scaled Net Operating Assets?

Black Canyon ASX:BCA +4.00% 38 Scaled Net Operating Assets is 1.02 as of Dec. 2025. GuruFocus rates ASX:BCA with a GF Score™ of 38/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Black Canyon's operating assets for the quarter that ended in Dec. 2025 was A$10.80 Mil. Black Canyon's operating liabilities for the quarter that ended in Dec. 2025 was A$0.34 Mil. Black Canyon's Total Assets for the quarter that ended in Jun. 2025 was A$10.23 Mil. Therefore, Black Canyon's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.02.

Black Canyon Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Black Canyon's Scaled Net Operating 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.

Black Canyon Scaled Net Operating Assets Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.04 0.49 0.54 0.87 1.23

Black Canyon Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.98 0.68 0.98 1.07 1.02

Black Canyon Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Canyon's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating 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.

Black Canyon Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Canyon's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Black Canyon's Scaled Net Operating Assets falls into.


ASX:BCA
38GF Score
Black Canyon Ltd ASX:BCA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Canyon Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Black Canyon's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(8.003-0.328)/6.266
=1.22

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.225 - 2.222
=8.003

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.328 - 0 - 0
=0.328

Black Canyon's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(10.797-0.339)/10.225
=1.02

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.252 - 10.455
=10.797

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.339 - 0 - 0
=0.339

* 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.

What does a Scaled Net Operating Assets of 1.02 mean?
Black Canyon (ASX:BCA) has a Scaled Net Operating Assets of 1.02 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Black Canyon and its competitors.
Is Black Canyon's Scaled Net Operating Assets too high?
Black Canyon's current Scaled Net Operating Assets is 1.02. Overall, Black Canyon has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's Scaled Net Operating Assets compare to competitors?
Black Canyon's Scaled Net Operating Assets of 1.02 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Black Canyon and its competitors. Black Canyon's current Scaled Net Operating Assets is 1.02. 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 Scaled Net Operating Assets of 1.02. The current Scaled Net Operating Assets is 1.02. Black Canyon's overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Black Canyon (ASX:BCA), the current Scaled Net Operating Assets is 1.02 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.
38GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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