Heavy Rare EarthsASX:HRE ROA % is -97.89% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 184 Other Energy Sources companies, Heavy Rare Earths ranks worse than 95.11% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Heavy Rare Earths's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-1.70 Mil.
Heavy Rare Earths's average Total Assets over the quarter that ended in Dec. 2025 was A$1.73 Mil. Therefore, Heavy Rare Earths's annualized ROA % for the quarter that ended in Dec. 2025 was -97.89%.
The historical rank and industry rank for Heavy Rare Earths's ROA % or its related term are showing as below:
ASX:HRE'
s ROA % Range Over the Past 10 Years
Min: -213.69 Med: -39.73 Max: -32.24
Current: -155.33
During the past 3 years, Heavy Rare Earths's highest ROA % was -32.24%. The lowest was -213.69%. And the median was -39.73%.
ASX:HRE's ROA % is ranked worse than 95.11% of 184
companies
in the Other Energy Sources industry
Industry Median: -0.365
vs ASX:HRE: -155.33
Heavy Rare Earths (ASX:HRE) 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.
Heavy Rare Earths ROA % Related Terms
Heavy Rare Earths ROA % Historical Data
* Premium members only.
The historical data trend for Heavy Rare Earths'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 Uranium subindustry, Heavy Rare Earths'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.
Heavy Rare Earths ROA % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Heavy Rare Earths's ROA % distribution charts can be found below:
* The bar in red indicates where Heavy Rare Earths'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.
Heavy Rare Earths (ASX:HRE) has a ROA % of -97.89% 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 Heavy Rare Earths and its competitors. According to the industry distribution chart, Heavy Rare Earths ranks #175 out of 184 companies in the Other Energy Sources industry, placing it in the top 95.1%.
Is Heavy Rare Earths' ROA % too high?
Heavy Rare Earths' current ROA % is -97.89%. Based on the distribution chart, Heavy Rare Earths ranks #175 out of 184 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Heavy Rare Earths' ROA % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Heavy Rare Earths ranks #175 out of 184 companies for ROA %. This places Heavy Rare Earths in the lower 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 an Other Energy Sources company?
A good ROA % depends on the Other Energy Sources 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 Heavy Rare Earths and its competitors. Heavy Rare Earths's current ROA % is -97.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Rare Earths stock overvalued right now?
Heavy Rare Earths (ASX:HRE) has a current ROA % of -97.89%. The current ROA % is -97.89%. 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 Heavy Rare Earths (ASX:HRE), the current ROA % is -97.89% 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.
Heavy Rare Earths Ltd is engaged in the evaluation and exploration of heavy rare earths and other resources at its areas of interest located in Western and Southern Australia. Its project portfolio includes: Radium Hill uranium critical minerals project, Prospect Hill uranium critical minerals project, Lake Namba Billeroo uranium project, Perenjori uranium project, Cowalinya rare earth project, and Duke project.
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