Fulcrum Lithium (ASX:FUL) Net Cash per Share: A$0.03 (As of Dec. 2025) — 99% Below Median

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What is Fulcrum Lithium Net Cash per Share?

Fulcrum Lithium ASX:FUL Net Cash per Share is A$0.03 as of Dec. 2025, which is 100% below its 10-year median of 3.05. Among 1,056 Metals & Mining companies, Fulcrum Lithium ranks better than 81.44% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Fulcrum Lithium's Net Cash per Share for the quarter that ended in Dec. 2025 was A$0.03.

The historical rank and industry rank for Fulcrum Lithium's Net Cash per Share or its related term are showing as below:

ASX:FUL' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.77   Med: 3.05   Max: 3.33
Current: 3

During the past 0 years, the highest Price-to-Net-Cash Ratio of Fulcrum Lithium was 3.33. The lowest was 2.77. And the median was 3.05.

ASX:FUL's Price-to-Net-Cash is ranked better than
81.44% of 1056 companies
in the Metals & Mining industry
Industry Median: 7.135 vs ASX:FUL: 3.00

Fulcrum Lithium  (ASX:FUL) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Fulcrum Lithium Net Cash per Share Related Terms


Fulcrum Lithium Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Fulcrum Lithium's Net Cash per Share 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.

Fulcrum Lithium Net Cash per Share Chart

Fulcrum Lithium Annual Data
Trend
Net Cash per Share

Fulcrum Lithium Semi-Annual Data
Dec24 Dec25
Net Cash per Share 0.06 0.03

Fulcrum Lithium Net Cash per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fulcrum Lithium's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Fulcrum Lithium Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fulcrum Lithium's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Fulcrum Lithium's Price-to-Net-Cash falls into.



Fulcrum Lithium Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Fulcrum Lithium's Net Cash per Share for the fiscal year that ended in . 20 is calculated as

Fulcrum Lithium's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.056-0.16-0)/134.100
=0.03

* 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 Net Cash per Share →
What does a Net Cash per Share of A$0.03 mean?
Fulcrum Lithium (ASX:FUL) has a Net Cash per Share of A$0.03 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Fulcrum Lithium and its competitors. This is 99% below median its historical median of 3.05. Over the past decade, Fulcrum Lithium's Net Cash per Share has ranged from 2.77 to 3.33. According to the industry distribution chart, Fulcrum Lithium ranks #196 out of 1056 companies in the Metals & Mining industry, placing it in the top 18.6%.
Is Fulcrum Lithium's Net Cash per Share too high?
Fulcrum Lithium's current Net Cash per Share of A$0.03 is 99% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 3.33. Based on the distribution chart, Fulcrum Lithium ranks #196 out of 1056 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Fulcrum Lithium's Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Fulcrum Lithium ranks #196 out of 1056 companies for Net Cash per Share. This places Fulcrum Lithium in the top 19% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 7.14. Historically, Fulcrum Lithium's own Net Cash per Share has ranged from 2.77 to 3.33 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 Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.14, based on 1,056 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Fulcrum Lithium and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulcrum Lithium's current Net Cash per Share is A$0.03, which is 99% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulcrum Lithium stock overvalued right now?
Fulcrum Lithium (ASX:FUL) has a current Net Cash per Share of A$0.03. The current Net Cash per Share is A$0.03, which is 99% below median its 10-year median of 3.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Fulcrum Lithium (ASX:FUL), the current Net Cash per Share is A$0.03 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.

Fulcrum Lithium Business Description

Address 66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Fulcrum Lithium Ltd is engaged in the exploration and development of mineral projects. Its project portfolio comprises the Alkali Flats lithium project, Fairway lithium project, and the Summit lithium project, located in Nevada, the United States of America.