Kirkstone Metals (TSXV:KSM) ROA %: -16.05% (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:KSM Kirkstone Metals Corp TSXV:KSM
13 GF Score
Price C$0.18
View Full Analysis

What is Kirkstone Metals ROA %?

Kirkstone Metals TSXV:KSM -2.78% 13 ROA % is -16.05% as of Oct. 2025. GuruFocus rates TSXV:KSM with a GF Score™ of 13/100. Among 185 Other Energy Sources companies, Kirkstone Metals ranks worse than 71.35% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kirkstone Metals's annualized Net Income for the quarter that ended in Oct. 2025 was C$-0.48 Mil. Kirkstone Metals's average Total Assets over the quarter that ended in Oct. 2025 was C$3.02 Mil. Therefore, Kirkstone Metals's annualized ROA % for the quarter that ended in Oct. 2025 was -16.05%.

The historical rank and industry rank for Kirkstone Metals's ROA % or its related term are showing as below:

TSXV:KSM' s ROA % Range Over the Past 10 Years
Min: -11.26   Med: 0   Max: 0
Current: -11.26

TSXV:KSM's ROA % is ranked worse than
71.35% of 185 companies
in the Other Energy Sources industry
Industry Median: -0.54 vs TSXV:KSM: -11.26

Kirkstone Metals  (TSXV:KSM) 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: Oct. 2025 )
=Net Income/Total Assets
=-0.484/3.0165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.484 / 0)*(0 / 3.0165)
=Net Margin %*Asset Turnover
=N/A %*0
=-16.05 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 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.


Kirkstone Metals ROA % Related Terms


Kirkstone Metals ROA % Historical Data

* Premium members only.

The historical data trend for Kirkstone Metals'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.

Kirkstone Metals ROA % Chart

Kirkstone Metals Annual Data
Trend Jul23
ROA %
0.00

Kirkstone Metals Quarterly Data
Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Jan25 Apr25 Oct25
ROA % Get a 7-Day Free Trial Premium Member Only -15.61 -18.21 -16.74 -12.83 -16.05

TSXV:KSM vs UEC, LEU: ROA % Comparison

For the Uranium subindustry, Kirkstone Metals'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.


Kirkstone Metals ROA % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kirkstone Metals's ROA % distribution charts can be found below:

* The bar in red indicates where Kirkstone Metals's ROA % falls into.


TSXV:KSM
13GF Score
Kirkstone Metals Corp TSXV:KSM
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirkstone Metals ROA % Calculation

Kirkstone Metals's annualized ROA % for the fiscal year that ended in Jul. 2023 is calculated as:

ROA %=Net Income (A: Jul. 2023 )/( (Total Assets (A: . 20 )+Total Assets (A: Jul. 2023 ))/ count )
=/( (+)/ )
=/
= %

Kirkstone Metals's annualized ROA % for the quarter that ended in Oct. 2025 is calculated as:

ROA %=Net Income (Q: Oct. 2025 )/( (Total Assets (Q: Apr. 2025 )+Total Assets (Q: Oct. 2025 ))/ count )
=-0.484/( (2.885+3.148)/ 2 )
=-0.484/3.0165
=-16.05 %

* 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 (Oct. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -16.05% mean?
Kirkstone Metals (TSXV:KSM) has a ROA % of -16.05% as of Oct. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kirkstone Metals and its competitors. According to the industry distribution chart, Kirkstone Metals ranks #132 out of 185 companies in the Other Energy Sources industry, placing it in the top 71.4%.
Is Kirkstone Metals' ROA % too high?
Kirkstone Metals' current ROA % is -16.05%. Based on the distribution chart, Kirkstone Metals ranks #132 out of 185 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Kirkstone Metals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Kirkstone Metals' ROA % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Kirkstone Metals ranks #132 out of 185 companies for ROA %. This places Kirkstone Metals 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 Kirkstone Metals and its competitors. Kirkstone Metals's current ROA % is -16.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirkstone Metals stock overvalued right now?
Kirkstone Metals (TSXV:KSM) has a current ROA % of -16.05%. The current ROA % is -16.05%. Kirkstone Metals' overall GF Score™ is 13/100. 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 Kirkstone Metals (TSXV:KSM), the current ROA % is -16.05% as of Oct. 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.

Kirkstone Metals Business Description

Other Exchanges V0O:Germany
Address 885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Kirkstone Metals Corp is in the business of identifying, acquiring and exploring mineral properties. The Company is currently in the exploration stage of developing its exploration and evaluation properties and has not yet determined whether it contain mineral reserves that are economically recoverable.
13GF Score

Get the complete analysis for TSXV:KSM

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

C$0.18
Price