Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2024
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Source: Yahoo Finance
- Financial Metrics for Business Decline: Declining return on capital employed (ROCE) and capital employed can indicate a company is struggling.
- Rand Mining Analysis: Initial signs of struggle in Rand Mining prompt further investigation.
- Understanding ROCE: ROCE measures the return a company generates from capital employed.
- Trending ROCE for Rand Mining: Concerns arise as ROCE for Rand Mining has decreased over the years.
- Investment Outlook: Unless trends improve, investors may consider looking elsewhere due to declining returns in Rand Mining.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
