Firefinch

Firefinch Quick Ratio

Delisted·Jul 10, 2024

The Quick Ratio (Acid Test) of Firefinch (FFX.AX) as of Nov 6, 2026 is 11.47. In the previous year, Quick Ratio (Acid Test) was 2.21 — a change of 419.43% (higher).

Quick Ratio

11.47

YoY

419.43%

Last updated:

Quick Ratio (Acid Test) of Firefinch is 2022 11.47 . Quick Ratio (Acid Test) of Firefinch was 2021 2.21 . It decreases by 419.43% higher compared to the previous year.

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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.

Frequently Asked Questions about Firefinch stock

Quick Ratio (Acid Test) of Firefinch is 11.47 in 2022.

Quick Ratio (Acid Test) of Firefinch changed from 2.21 to 11.47, representing a 419.43% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Firefinch since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Firefinch with sector peers and the industry average to assess whether it is attractive.

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