As of June 1, 2025, Neo Lithium Corp (NLC.V) reports a ROA (Return on Assets) of 19.07%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Neo Lithium Corp's ROA (Return on Assets)
Over recent years, Neo Lithium Corp's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2020-12-31 | 19.07% |
| 2019-12-31 | 1.60% |
| 2018-12-31 | 0.90% |
| 2017-12-31 | -14.10% |
| 2016-12-31 | -60.15% |
This steady improvement highlights how Neo Lithium Corp manages its efficiency in using assets to generate earnings over time.
Comparing Neo Lithium Corp's ROA (Return on Assets) to Peers
To better understand Neo Lithium Corp's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Neo Lithium Corp (NLC.V) | 19.07% |
| Millennial Lithium Corp (ML.V) | 4.37% |
| Global Atomic Corp (GLO.TO) | 2.83% |
| Critical Elements Lithium Corp (CRE.V) | -0.16% |
| Talon Metals Corp (TLO.TO) | -0.90% |
| EMX Royalty Corp (EMX.V) | -2.10% |
Compared to its competitors, Neo Lithium Corp's ROA (Return on Assets) is higher than all peers, demonstrating superior efficiency in generating earnings from assets.