NALG (North America Lithium and Gold) ROA %: 0.00% (As of . 20)

What is North America Lithium and Gold ROA %?

North America Lithium and Gold NALG +3.09% ROA % is 0.00% as of . 20.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. North America Lithium and Gold's annualized Net Income for the quarter that ended in . 20 was $ Mil. North America Lithium and Gold's average Total Assets over the quarter that ended in . 20 was $ 0 Mil. Therefore, North America Lithium and Gold's annualized ROA % for the quarter that ended in . 20 was Not Available.

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

NALG's ROA % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -16.72
* Ranked among companies with meaningful ROA % only.

North America Lithium and Gold (OTCPK:NALG) 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:

	ROA %		(Q: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.

North America Lithium and Gold ROA % Related Terms

North America Lithium and Gold ROA % Historical Data

* Premium members only.

The historical data trend for North America Lithium and Gold's ROA % can be seen below:

North America Lithium and Gold ROA % Chart

North America Lithium and Gold Annual Data

Trend

ROA %

North America Lithium and Gold Quarterly Data

ROA %

NALG vs AUXRF, GLHRF, PHIXF: ROA % Comparison

For the Other Industrial Metals & Mining subindustry, North America Lithium and Gold'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.

North America Lithium and Gold ROA % vs Metals & Mining Industry

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

* The bar in red indicates where North America Lithium and Gold's ROA % falls into.

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North America Lithium and Gold ROA % Calculation

North America Lithium and Gold's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %	=	Net Income (A: . 20 )	/	( (Total Assets (A: . 20 )	+	Total Assets (A: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

North America Lithium and Gold's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %	=	Net Income (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

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 (. 20) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →

What does a ROA % of 0.00% mean?

North America Lithium and Gold (NALG) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on North America Lithium and Gold and its competitors.

Is North America Lithium and Gold's ROA % too high?

North America Lithium and Gold's current ROA % is 0.00%.

How does North America Lithium and Gold's ROA % compare to AUXRF and GLHRF?

North America Lithium and Gold's ROA % of 0.00% can be compared against companies in the Metals & Mining 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 North America Lithium and Gold and its competitors. North America Lithium and Gold's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is North America Lithium and Gold stock overvalued right now?

North America Lithium and Gold (NALG) has a current ROA % of 0.00%. The current ROA % is 0.00%. 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 North America Lithium and Gold (NALG), the current ROA % is 0.00% as of . 20. 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.

North America Lithium and Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies AUXRF GLHRF PHIXF JODRF GOLDF VDMRF SUIFD PLORF LMLLF FLMTF BRVVF SMGI DCGCF IRMGF CGORF CRZHD ODXSF BMIX LKWDF CRDAF

Address 6615, Grand Avenue, Suite 428, Gurnee, IL, USA, 60031

Website https://www.northamericalithium.com

North America Lithium and Gold Corp formerly, BrightRock Gold Corp is a lithium exploration company. The company is focused on developing its flagship project Revival of the Midnight Owl Mine. The company is seeking to develop this portfolio of lithium-rich assets to become a supplier of lithium-based products.