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FCLIF (Full Circle Lithium) Net Current Asset Value : $0.01 (As of Jan. 2025)


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What is Full Circle Lithium Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Full Circle Lithium's net current asset value per share for the quarter that ended in Jan. 2025 was $0.01.

The historical rank and industry rank for Full Circle Lithium's Net Current Asset Value or its related term are showing as below:

FCLIF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.3   Med: 8.65   Max: 25.5
Current: 19

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Full Circle Lithium was 25.50. The lowest was 6.30. And the median was 8.65.

FCLIF's Price-to-Net-Current-Asset-Value is ranked worse than
74.03% of 1032 companies
in the Metals & Mining industry
Industry Median: 6.01 vs FCLIF: 19.00

Full Circle Lithium Net Current Asset Value Historical Data

The historical data trend for Full Circle Lithium's Net Current Asset Value 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.

* Premium members only.

Full Circle Lithium Net Current Asset Value Chart

Full Circle Lithium Annual Data
Trend Dec21 Oct22 Oct23 Oct24
Net Current Asset Value
0.08 0.57 0.04 0.01

Full Circle Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Net Current Asset Value 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 0.02 - 0.01 0.01 0.01

Competitive Comparison of Full Circle Lithium's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Full Circle Lithium's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Full Circle Lithium's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Full Circle Lithium's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Full Circle Lithium's Price-to-Net-Current-Asset-Value falls into.


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Full Circle Lithium Net Current Asset Value Calculation

Full Circle Lithium's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(A: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.555-0.481-0-0)/74.591
=0.01

Full Circle Lithium's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2025 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.207-0.383-0-0)/74.591
=0.01

* 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.


Full Circle Lithium  (OTCPK:FCLIF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Full Circle Lithium Net Current Asset Value Related Terms

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Full Circle Lithium Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. The company operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X.