Firefox Gold Corp Stock Return On Asset

FFOX Stock  CAD 0.71  0.02  2.90%   
Fundamental analysis of Firefox Gold allows traders to better anticipate movements in Firefox Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Return On Assets is likely to drop to -1.05 in 2025.
  
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Firefox Gold Corp Company Return On Asset Analysis

Firefox Gold's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

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Current Firefox Gold Return On Asset

    
  -0.52  
Most of Firefox Gold's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Firefox Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Firefox Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Firefox Gold is extremely important. It helps to project a fair market value of Firefox Stock properly, considering its historical fundamentals such as Return On Asset. Since Firefox Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Firefox Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Firefox Gold's interrelated accounts and indicators.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Firefox Total Assets

Total Assets

2.01 Million

At this time, Firefox Gold's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Firefox Gold Corp has a Return On Asset of -0.5222. This is 170.57% lower than that of the Metals & Mining sector and notably higher than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.

Firefox Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Firefox Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Firefox Gold could also be used in its relative valuation, which is a method of valuing Firefox Gold by comparing valuation metrics of similar companies.
Firefox Gold is currently under evaluation in return on asset category among its peers.

Firefox Fundamentals

About Firefox Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Firefox Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Firefox Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Firefox Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Firefox Stock Analysis

When running Firefox Gold's price analysis, check to measure Firefox Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Firefox Gold is operating at the current time. Most of Firefox Gold's value examination focuses on studying past and present price action to predict the probability of Firefox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firefox Gold's price. Additionally, you may evaluate how the addition of Firefox Gold to your portfolios can decrease your overall portfolio volatility.