Iris Acquisition Corp
NASDAQ:IRAA
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
Country | Company | Market Cap | ROA | ||
---|---|---|---|---|---|
KY |
I
|
Iris Acquisition Corp
NASDAQ:IRAA
|
167.2m USD |
-66%
|
|
UK |
E
|
Eight Capital Partners PLC
F:ECS
|
633.6T EUR | N/A | |
MY |
A
|
Axteria Group Bhd
KLSE:AXTERIA
|
1.8T MYR |
-6%
|
|
US |
G
|
GE Vernova LLC
NYSE:GEV
|
141.8B USD |
4%
|
|
MY |
M
|
Malton Bhd
KLSE:MALTON
|
503.2B MYR |
1%
|
|
US |
C
|
China Industrial Group Inc
OTC:CIND
|
93.6B USD |
24%
|
|
NL |
N
|
Nepi Rockcastle NV
JSE:NRP
|
82.2B Zac |
7%
|
|
US |
C
|
CoreWeave Inc
NASDAQ:CRWV
|
69.7B USD |
-6%
|
|
US |
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Coupang Inc
F:788
|
46.7B EUR |
2%
|
|
US |
C
|
Circle Internet Group Inc
NYSE:CRCL
|
40.2B USD | N/A | |
ID |
![]() |
Amman Mineral Internasional Tbk PT
IDX:AMMN
|
618.2T IDR |
3%
|
Iris Acquisition Corp
Glance View
Tribe Capital Growth Corp.I operates as a blank check company. The company is headquartered in George Town, Grand Cayman. The company went IPO on 2021-03-09. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. The firm has not selected any specific business combination target. The firm is not engaged in any business and has not generated any revenue.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Iris Acquisition Corp's most recent financial statements, the company has ROA of -66.2%.