Formation Metals

Formation Metals EBIT/Assets

The Operating Income to Assets Ratio (EBIT/Assets) of Formation Metals (FOMO.CN) as of Oct 16, 2026 is -55.80 %. In the previous year, Operating Income to Assets Ratio (EBIT/Assets) was -111.48 % — a change of -49.95% (higher).

EBIT/Assets

-55.80 %

YoY

-49.95%

Last updated:

Operating Income to Assets Ratio (EBIT/Assets) of Formation Metals is 2026 -55.80 % . Operating Income to Assets Ratio (EBIT/Assets) of Formation Metals was 2025 -111.48 % . It decreases by -49.95% higher compared to the previous year.

The Formation Metals EBIT/Assets history

  • 3 Years

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  • 25 Years

  • Max

EBIT/Assets
Date
EBIT/Assets
Jan 1, 2022
-0.88 CAD
Jan 1, 2023
-22.54 CAD
Jan 1, 2024
-12.33 CAD
Jan 1, 2025
-111.48 CAD
Jan 1, 2026
-55.80 CAD
The Formation Metals EBIT/Assets history
YEAREBIT/AssetsYoY
-55.80 %-49.95%
-111.48 %+803.97%
-12.33 %-45.28%
-22.54 %+2,452.87%
-0.88 %—

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Formation Metals Stock analysis

What does Formation Metals do? Formation Metals Inc is a Canadian company headquartered in Vancouver, British Columbia. The company went public through an IPO on October 18, 2024. Formation Metals Inc focuses on the acquisition and exploration of mineral property assets. The firm owns the Nicobat Property, a nickel-copper-cobalt project located in Ontario, Canada. The company operates within the mining sector, specifically targeting mineral exploration and development. Its primary business activities involve identifying and developing mineral resources, with the Nicobat Property representing a key asset in its portfolio. The company's operations are centered on the exploration and potential development of the Nicobat Property, which is situated in Ontario. Formation Metals Inc is a publicly traded entity, listed under the ticker symbol FOMO.CN and identified by the ISIN CA34638F1053. The company's activities are confined to the mineral exploration and acquisition sector, with no additional details provided regarding its operational scale, financial figures, or other assets beyond the Nicobat Property. Formation Metals is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Formation Metals stock

Operating Income to Assets Ratio (EBIT/Assets) of Formation Metals is -55.80 % in 2026.

Operating Income to Assets Ratio (EBIT/Assets) of Formation Metals changed from -111.48 % to -55.80 %, representing a -49.95% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Operating Income to Assets Ratio (EBIT/Assets) Formation Metals since 2006 – with annual values, charts, and detailed analysis.

EBIT/Assets measures operating profitability relative to total assets, providing an unlevered view of asset efficiency that is comparable across capital structures.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Operating Income to Assets Ratio (EBIT/Assets)'s Formation Metals with sector peers and the industry average to assess whether it is attractive.

To evaluate Operating Income to Assets Ratio (EBIT/Assets)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Operating Income to Assets Ratio (EBIT/Assets).

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Profitability — Formation Metals

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