Hillgrove ResourcesASX:HGO ROA % is -2.00% as of Dec. 2025. The stock has 7 warning signs investors should review. Among 2,665 Metals & Mining companies, Hillgrove Resources ranks better than 75.83% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hillgrove Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-2.8 Mil.
Hillgrove Resources's average Total Assets over the quarter that ended in Dec. 2025 was A$141.1 Mil. Therefore, Hillgrove Resources's annualized ROA % for the quarter that ended in Dec. 2025 was -2.00%.
The historical rank and industry rank for Hillgrove Resources's ROA % or its related term are showing as below:
ASX:HGO'
s ROA % Range Over the Past 10 Years
Min: -62.4 Med: -12.95 Max: 25.72
Current: 0.07
During the past 13 years, Hillgrove Resources's highest ROA % was 25.72%. The lowest was -62.40%. And the median was -12.95%.
ASX:HGO's ROA % is ranked better than 75.83% of 2665
companies
in the Metals & Mining industry
Industry Median: -16.72
vs ASX:HGO: 0.07
Hillgrove Resources (ASX:HGO) 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.
Hillgrove Resources ROA % Related Terms
Hillgrove Resources ROA % Historical Data
* Premium members only.
The historical data trend for Hillgrove Resources'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.
For the Copper subindustry, Hillgrove Resources'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.
Hillgrove Resources ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hillgrove Resources's ROA % distribution charts can be found below:
* The bar in red indicates where Hillgrove Resources'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.
Hillgrove Resources (ASX:HGO) has a ROA % of -2.00% 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 Hillgrove Resources and its competitors. According to the industry distribution chart, Hillgrove Resources ranks #644 out of 2665 companies in the Metals & Mining industry, placing it in the top 24.2%.
Is Hillgrove Resources' ROA % too high?
Hillgrove Resources' current ROA % is -2.00%. Based on the distribution chart, Hillgrove Resources ranks #644 out of 2665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Hillgrove Resources' ROA % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hillgrove Resources ranks #644 out of 2665 companies for ROA %. This places Hillgrove Resources in the top 24% of its industry — outperforming the majority of peers. 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 Hillgrove Resources and its competitors. Hillgrove Resources's current ROA % is -2.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillgrove Resources stock overvalued right now?
Hillgrove Resources (ASX:HGO) has a current ROA % of -2.00%. The current ROA % is -2.00%. 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 Hillgrove Resources (ASX:HGO), the current ROA % is -2.00% 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.
Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets.
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