Firefinch

Firefinch Debt

Delisted·Jul 10, 2024

The Debt of Firefinch (FFX.AX) as of Nov 6, 2026 is 393,187.00 AUD. In the previous year, Debt was 15.31 M AUD — a change of -97.43% (lower).

Debt

393,187.00AUD

YoY

-97.43%

Last updated:

In 2022, Firefinch's total debt was 393,187.00 AUD, a -97.43% change from the 15.31 M AUD total debt recorded in the previous year.

The Firefinch Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2016
0.00 AUD
Jan 1, 2017
0.00 AUD
Jan 1, 2018
0.00 AUD
Jan 1, 2019
106,834.00 AUD
Jan 1, 2020
9.69 M AUD
Jan 1, 2021
15.31 M AUD
Jan 1, 2022
393,187.00 AUD
The Firefinch Debt history
YEARDebtYoY
393,187.00AUD-97.43%
15.31 MAUD+57.97%
9.69 MAUD+8,972.81%
106,834.00AUD—
0.00AUD—
0.00AUD—
0.00AUD—

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Firefinch Stock analysis

What does Firefinch do? Firefinch Ltd. generates revenue primarily through gold production at its Morila mine in Mali, which it owns 80% of. The company evaluates lithium projects such as Goulamina in southern Mali, focusing on mineral exploration and evaluation activities. It operates within the mining sector, targeting mineral resource development in West Africa. The firm has filed for voluntary suspension, indicating a strategic pause in operations. The company's main products include gold from the Morila mine and potential lithium resources from the Goulamina project. Its primary market segments involve mineral exploration and resource development in Mali, with a focus on gold and lithium. Firefinch Ltd. is engaged in the exploration of mineral properties in West Africa, specifically targeting Mali for its operations. Firefinch Ltd. is a mining company with a significant interest in the Morila gold mine, which is a key revenue source. The Goulamina Lithium Project represents a secondary focus for future development. The company's activities are centered on Mali, where it holds exploration rights and operates its gold mine. Its business model relies on the production and evaluation of mineral resources to generate income. Firefinch is one of the most popular companies on Eulerpool.

Debt Details

Understanding Firefinch's Debt Structure

Firefinch's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Firefinch's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Firefinch’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Firefinch’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Firefinch stock

Debt of Firefinch is 393,187.00 AUD in 2022.

Debt of Firefinch changed from 15.31 M AUD to 393,187.00 AUD, representing a -97.43% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Debt Firefinch since 2006 – with annual values, charts, and detailed analysis.

Debt's AUD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Firefinch historically and in real time.

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Balance Sheet — Firefinch

All Key Metrics — Firefinch