Foremost Clean Energy (FMST) Financial Ratios

For fiscal 2026 (fiscal year ended Mar 31, 2026), Foremost Clean Energy had return on equity of -23.0% (down from -19.2%), a current ratio of 1.85 (up from 1.65) and return on assets of -8.5% (up from -11.6%). A current ratio of 1.85 means current assets exceed current liabilities.

Foremost Clean Energy Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Valuation Ratios
P/E Ratio	-	-	-	35.27	-	-
P/B Ratio	1.12	0.51	1.27	3.25	8.03	4.37
Price/Tangible Book	1.12	0.51	1.27	3.25	8.03	4.37
Enterprise Value Ratios
Profitability & Returns
Return on Equity (ROE)	-22.99%	-19.18%	-37.90%	11.17%	-66.46%	-48.29%
Return on Assets (ROA)	-8.47%	-11.56%	-13.80%	-19.42%	-30.33%	-22.82%
Return on Capital Employed (ROCE)	-12.80%	-16.70%	-23.80%	-31.70%	-52.80%	-39.90%
Leverage & Solvency Ratios
Debt/Equity	-	0.02	0.09	0.12	0.02	0.03
Liquidity Ratios
Current Ratio	1.85	1.65	0.54	0.27	0.39	0.50
Quick Ratio	1.79	1.61	0.42	0.25	0.34	0.47
Efficiency Ratios
Yield & Distribution Ratios
Earnings Yield	-17.29%	-28.91%	-26.67%	2.84%	-7.67%	-10.40%
FCF Yield	-41.06%	-47.96%	-38.02%	-21.16%	-4.61%	-4.45%
Buyback Yield	-74.37%	-66.26%	-14.89%	-20.02%	-17.13%	-14.01%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Foremost Clean Energy Financial Ratios

What is Foremost Clean Energy's return on equity?

Foremost Clean Energy's return on equity (ROE) was -23.0% for fiscal 2026 (period ended Mar 31, 2026). It was -19.2% a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition