Super Lithium (XCNQ:SL) ROA %: -43.36% (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XCNQ:SL Super Lithium Corp XCNQ:SL
13 GF Score
Price C$0.27
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What is Super Lithium ROA %?

Super Lithium XCNQ:SL 13 ROA % is -43.36% as of May. 2026. GuruFocus rates XCNQ:SL with a GF Score™ of 13/100. Among 2,668 Metals & Mining companies, Super Lithium ranks worse than 77.85% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Super Lithium's annualized Net Income for the quarter that ended in May. 2026 was C$-0.08 Mil. Super Lithium's average Total Assets over the quarter that ended in May. 2026 was C$0.18 Mil. Therefore, Super Lithium's annualized ROA % for the quarter that ended in May. 2026 was -43.36%.

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

XCNQ:SL' s ROA % Range Over the Past 10 Years
Min: -93.85   Med: -75.26   Max: -64.06
Current: -70.57

During the past 4 years, Super Lithium's highest ROA % was -64.06%. The lowest was -93.85%. And the median was -75.26%.

XCNQ:SL's ROA % is ranked worse than
77.85% of 2668 companies
in the Metals & Mining industry
Industry Median: -16.815 vs XCNQ:SL: -70.57

Super Lithium  (XCNQ:SL) 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: May. 2026 )
=Net Income/Total Assets
=-0.08/0.1845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.08 / 0)*(0 / 0.1845)
=Net Margin %*Asset Turnover
=N/A %*0
=-43.36 %

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


Super Lithium ROA % Related Terms


Super Lithium ROA % Historical Data

* Premium members only.

The historical data trend for Super 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.

Super Lithium ROA % Chart

Super Lithium Annual Data
Trend Nov22 Nov23 Nov24 Nov25
ROA %
-81.41 -69.11 -64.06 -93.85

Super Lithium Quarterly Data
Nov22 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.12 -116.28 -76.46 -34.22 -43.36

Super Lithium ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Super 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.


Super Lithium ROA % vs Metals & Mining Industry

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

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


XCNQ:SL
13GF Score
Super Lithium Corp XCNQ:SL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Super Lithium ROA % Calculation

Super Lithium's annualized ROA % for the fiscal year that ended in Nov. 2025 is calculated as:

ROA %=Net Income (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=-0.168/( (0.166+0.192)/ 2 )
=-0.168/0.179
=-93.85 %

Super Lithium's annualized ROA % for the quarter that ended in May. 2026 is calculated as:

ROA %=Net Income (Q: May. 2026 )/( (Total Assets (Q: Feb. 2026 )+Total Assets (Q: May. 2026 ))/ count )
=-0.08/( (0.182+0.187)/ 2 )
=-0.08/0.1845
=-43.36 %

* 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 (May. 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 -43.36% mean?
Super Lithium (XCNQ:SL) has a ROA % of -43.36% as of May. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Super Lithium and its competitors. According to the industry distribution chart, Super Lithium ranks #2077 out of 2668 companies in the Metals & Mining industry, placing it in the top 77.8%.
Is Super Lithium's ROA % too high?
Super Lithium's current ROA % is -43.36%. Based on the distribution chart, Super Lithium ranks #2077 out of 2668 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Super Lithium has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Super Lithium's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Super Lithium ranks #2077 out of 2668 companies for ROA %. This places Super 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 Super Lithium and its competitors. Super Lithium's current ROA % is -43.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Lithium stock overvalued right now?
Super Lithium (XCNQ:SL) has a current ROA % of -43.36%. The current ROA % is -43.36%. Super Lithium's 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 Super Lithium (XCNQ:SL), the current ROA % is -43.36% as of May. 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.

Super Lithium Business Description

Address 215 - 2678 McCallum Road, Abbotsford, BC, CAN, V2S 6X3
Super Lithium Corp is engaged in the acquisition, exploration, and development of mineral exploration properties. The company holds the exclusive option to acquire a 100% interest in the Railroad Valley Property (the Property), which is subject to a 2% net smelter returns royalty.
13GF Score

Get the complete analysis for XCNQ:SL

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

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