FCLIF (Full Circle Lithium) ROA %: -63.91% (As of Jan. 2026)


FCLIF Full Circle Lithium Corp FCLIF
29 GF Score
Price $0.31
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What is Full Circle Lithium ROA %?

Full Circle Lithium FCLIF -4.29% 29 ROA % is -63.91% as of Jan. 2026. GuruFocus rates FCLIF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 2,665 Metals & Mining companies, Full Circle Lithium ranks worse than 76.25% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Full Circle Lithium's annualized Net Income for the quarter that ended in Jan. 2026 was $-3.75 Mil. Full Circle Lithium's average Total Assets over the quarter that ended in Jan. 2026 was $5.87 Mil. Therefore, Full Circle Lithium's annualized ROA % for the quarter that ended in Jan. 2026 was -63.91%.

The historical rank and industry rank for Full Circle Lithium's ROA % or its related term are showing as below:

FCLIF' s ROA % Range Over the Past 10 Years
Min: -78.16   Med: -53.84   Max: -51.28
Current: -67.79

During the past 5 years, Full Circle Lithium's highest ROA % was -51.28%. The lowest was -78.16%. And the median was -53.84%.

FCLIF's ROA % is ranked worse than
76.25% of 2665 companies
in the Metals & Mining industry
Industry Median: -16.72 vs FCLIF: -67.79

Full Circle Lithium  (OTCPK:FCLIF) 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 bank’s 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:

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=-3.752/5.8705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.752 / 0.196)*(0.196 / 5.8705)
=Net Margin %*Asset Turnover
=-1914.29 %*0.0334
=-63.91 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) 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.


Full Circle Lithium ROA % Related Terms


Full Circle Lithium ROA % Historical Data

* Premium members only.

The historical data trend for Full Circle Lithium'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.

Full Circle Lithium ROA % Chart

Full Circle Lithium Annual Data
Trend Dec21 Oct22 Oct23 Oct24 Oct25
ROA %
0.00 0.00 -78.13 -53.74 -50.88

Full Circle Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
ROA % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.13 -49.87 -54.56 -103.08 -63.91

Full Circle Lithium ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Full Circle Lithium'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.


Full Circle Lithium ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Full Circle Lithium's ROA % distribution charts can be found below:

* The bar in red indicates where Full Circle Lithium's ROA % falls into.


FCLIF
29GF Score
Full Circle Lithium Corp FCLIF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Full Circle Lithium ROA % Calculation

Full Circle Lithium's annualized ROA % for the fiscal year that ended in Oct. 2025 is calculated as:

ROA %=Net Income (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=-3.034/( (5.625+6.301)/ 2 )
=-3.034/5.963
=-50.88 %

Full Circle Lithium's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=-3.752/( (6.301+5.44)/ 2 )
=-3.752/5.8705
=-63.91 %

* 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 four times the quarterly (Jan. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -63.91% mean?
Full Circle Lithium (FCLIF) has a ROA % of -63.91% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Full Circle Lithium and its competitors. According to the industry distribution chart, Full Circle Lithium ranks #2032 out of 2665 companies in the Metals & Mining industry, placing it in the top 76.2%.
Is Full Circle Lithium's ROA % too high?
Full Circle Lithium's current ROA % is -63.91%. Based on the distribution chart, Full Circle Lithium ranks #2032 out of 2665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Full Circle Lithium has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Full Circle Lithium's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Full Circle Lithium ranks #2032 out of 2665 companies for ROA %. This places Full Circle Lithium 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 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 Full Circle Lithium and its competitors. Full Circle Lithium's current ROA % is -63.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Circle Lithium stock overvalued right now?
Full Circle Lithium (FCLIF) has a current ROA % of -63.91%. The current ROA % is -63.91%. Full Circle Lithium's overall GF Score™ is 29/100 with 3 warning signs to review. 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 Full Circle Lithium (FCLIF), the current ROA % is -63.91% as of Jan. 2026. 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.

Full Circle Lithium Business Description

Other Exchanges FCLI:Canada
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. It operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X. The geographic revenue is derived from United States.
29GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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