Firefinch

Firefinch ROCE

Delisted·Jul 10, 2024

The Return on Capital Employed (ROCE) of Firefinch (FFX.AX) as of Nov 7, 2026 is -1.74 %. In the previous year, Return on Capital Employed (ROCE) was -16.33 % — a change of -89.37% (higher).

ROCE

-1.74 %

YoY

-89.37%

Last updated:

In 2022, Firefinch's return on capital employed (ROCE) was -1.74 %, a -89.37% increase from the -16.33 % ROCE in the previous year.

The Firefinch ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2015
-9.14 AUD
Jan 1, 2016
-35.32 AUD
Jan 1, 2017
-6.99 AUD
Jan 1, 2018
-15.58 AUD
Jan 1, 2019
-13.01 AUD
Jan 1, 2020
1.50 AUD
Jan 1, 2021
-16.33 AUD
Jan 1, 2022
-1.74 AUD
The Firefinch ROCE history
YEARROCEYoY
-1.74 %-89.37%
-16.33 %-1,190.52%
1.50 %-111.51%
-13.01 %-16.53%
-15.58 %+122.80%
-6.99 %-80.20%
-35.32 %+286.39%
-9.14 %-94.45%
-164.73 %—

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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.

ROCE Details

Unraveling Firefinch's Return on Capital Employed (ROCE)

Firefinch's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Firefinch's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Firefinch's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Firefinch’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Firefinch stock

Return on Capital Employed (ROCE) of Firefinch is -1.74 % in 2022.

Return on Capital Employed (ROCE) of Firefinch changed from -16.33 % to -1.74 %, representing a -89.37% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Firefinch since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Firefinch with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Firefinch

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