Surge Battery Metals (TSXV:NILI) ROCE %: -63.61% (As of Mar. 2026)

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TSXV:NILI Surge Battery Metals Inc TSXV:NILI
29 GF Score
Price C$0.66
! 1 Warning Sign
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What is Surge Battery Metals ROCE %?

Surge Battery Metals TSXV:NILI -4.35% 29 ROCE % is -63.61% as of Mar. 2026. GuruFocus rates TSXV:NILI with a GF Score™ of 29/100. The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Surge Battery Metals's annualized ROCE % for the quarter that ended in Mar. 2026 was -63.61%.

Surge Battery Metals  (TSXV:NILI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Surge Battery Metals ROCE % Related Terms

Surge Battery Metals ROCE % Historical Data

* Premium members only.

The historical data trend for Surge Battery Metals's ROCE % 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.

Surge Battery Metals ROCE % Chart

Surge Battery Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.34 -52.47 -87.73 -53.81 -45.03

Surge Battery Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 Premium Member Only -37.39 -48.94 -22.78 -85.20 -63.61
TSXV:NILI
29GF Score
Surge Battery Metals Inc TSXV:NILI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Surge Battery Metals ROCE % Calculation

Surge Battery Metals's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-6.592/( ( (12.262 - 0.399) + (17.613 - 0.199) )/ 2 )
=-6.592/( (11.863+17.414)/ 2 )
=-6.592/14.6385
=-45.03 %

Surge Battery Metals's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-18.844/( ( (17.613 - 0.199) + (41.988 - 0.158) )/ 2 )
=-18.844/( ( 17.414 + 41.83 )/ 2 )
=-18.844/29.622
=-63.61 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -63.61% mean?
Surge Battery Metals (TSXV:NILI) has a ROCE % of -63.61% as of Mar. 2026.
Is Surge Battery Metals' ROCE % too high?
Surge Battery Metals' current ROCE % is -63.61%. Overall, Surge Battery Metals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Surge Battery Metals' ROCE % compare to competitors?
Surge Battery Metals' ROCE % of -63.61% 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 ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Surge Battery Metals's current ROCE % is -63.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Battery Metals stock overvalued right now?
Surge Battery Metals (TSXV:NILI) has a current ROCE % of -63.61%. The current ROCE % is -63.61%. Surge Battery Metals' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Surge Battery Metals (TSXV:NILI), the current ROCE % is -63.61% as of Mar. 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.

Surge Battery Metals Business Description

Other Exchanges NILIF:USADJ5:Germany
Address 300 -1455 Bellevue Avenue, West Vancouver, BC, CAN, V7T 1C3
Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration and development of mineral properties carried out in Canada and USA. Its project include Nevada North Lithium Project and San Emidio Lithium Project.
29GF Score

Get the complete analysis for TSXV:NILI

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

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