Why You Should Care About Mercurity Fintech Holding Inc.’s (NASDAQ:MFH) Low Return On Capital
Simply Wall St, 14 June 2020
Today we’ll look at Mercurity Fintech Holding Inc. (NASDAQ:MFH) and reflect on its potential as an investment. Specifically, we’ll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires.
First, we’ll go over how we calculate ROCE. Second, we’ll look at its ROCE compared to similar companies. Finally, we’ll look at how its current liabilities affect its ROCE. Continue reading “Article: Why You Should Care About Mercurity Fintech Holding Inc.’s (NASDAQ:MFH) Low Return On Capital”
