One Bullion (TSXV:OBUL) ROA %: -97.26% (As of Jun. 2026)

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:OBUL One Bullion Ltd TSXV:OBUL
14 GF Score
Price C$0.52
! 1 Warning Sign
View Full Analysis

What is One Bullion ROA %?

One Bullion TSXV:OBUL +14.29% 14 ROA % is -97.26% as of Jun. 2026. GuruFocus rates TSXV:OBUL with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,668 Metals & Mining companies, One Bullion ranks worse than 66.15% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. One Bullion's annualized Net Income for the quarter that ended in Jun. 2026 was C$-8.34 Mil. One Bullion's average Total Assets over the quarter that ended in Jun. 2026 was C$8.58 Mil. Therefore, One Bullion's annualized ROA % for the quarter that ended in Jun. 2026 was -97.26%.

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

TSXV:OBUL' s ROA % Range Over the Past 10 Years
Min: -190.33   Med: -148.51   Max: -40.17
Current: -40.17

During the past 5 years, One Bullion's highest ROA % was -40.17%. The lowest was -190.33%. And the median was -148.51%.

TSXV:OBUL's ROA % is ranked worse than
66.15% of 2668 companies
in the Metals & Mining industry
Industry Median: -16.815 vs TSXV:OBUL: -40.17

One Bullion  (TSXV:OBUL) 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: Jun. 2026 )
=Net Income/Total Assets
=-8.344/8.5795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.344 / 0)*(0 / 8.5795)
=Net Margin %*Asset Turnover
=N/A %*0
=-97.26 %

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


One Bullion ROA % Related Terms


One Bullion ROA % Historical Data

* Premium members only.

The historical data trend for One Bullion'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.

One Bullion ROA % Chart

One Bullion Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
-126.68 -190.33 -148.51 -178.43 -66.29

One Bullion Quarterly Data
Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -187.61 113.47 -160.13 50.58 -97.26

TSXV:OBUL vs NEM, AU: ROA % Comparison

For the Gold subindustry, One Bullion'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.


One Bullion ROA % vs Metals & Mining Industry

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

* The bar in red indicates where One Bullion's ROA % falls into.


TSXV:OBUL
14GF Score
One Bullion Ltd TSXV:OBUL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

One Bullion ROA % Calculation

One Bullion's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-3.594/( (2.343+8.501)/ 2 )
=-3.594/5.422
=-66.29 %

One Bullion's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=-8.344/( (9.673+7.486)/ 2 )
=-8.344/8.5795
=-97.26 %

* 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 (Jun. 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 -97.26% mean?
One Bullion (TSXV:OBUL) has a ROA % of -97.26% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on One Bullion and its competitors. According to the industry distribution chart, One Bullion ranks #1765 out of 2668 companies in the Metals & Mining industry, placing it in the top 66.2%.
Is One Bullion's ROA % too high?
One Bullion's current ROA % is -97.26%. Based on the distribution chart, One Bullion ranks #1765 out of 2668 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, One Bullion has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does One Bullion's ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, One Bullion ranks #1765 out of 2668 companies for ROA %. This places One Bullion 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 One Bullion and its competitors. One Bullion's current ROA % is -97.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Bullion stock overvalued right now?
One Bullion (TSXV:OBUL) has a current ROA % of -97.26%. The current ROA % is -97.26%. One Bullion's overall GF Score™ is 14/100 with 1 warning sign 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 One Bullion (TSXV:OBUL), the current ROA % is -97.26% as of Jun. 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.

One Bullion Business Description

Other Exchanges OBULF:USA
Address 130 Spadina Avenue, Suite 401, Toronto, ON, CAN, M5V 2L4
One Bullion Ltd is the gold exploration company in Botswana. The company leverages AI-driven targeting and extensive geological surveys to maximize gold discovery in one of Africas stable and pro-mining jurisdictions.
14GF Score

Get the complete analysis for TSXV:OBUL

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

C$0.52
Price