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Ares Acquisition Corp
NYSE:AAC

Watchlist Manager
Ares Acquisition Corp
NYSE:AAC
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Price: 10.79 USD 0.19% Market Closed
Updated: Mar 29, 2024

ROA
Return on Assets

-0.9%
Current
2%
Average
-2.5%
Industry
Negative for the last year
-0.9%
Positive average
2%
Worse than average
Better than industry value

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
-0.9%
=
Net Income
-6.4m
/
Total Assets
749.3m

ROA Across Competitors

ROA Comparison
Ares Acquisition Corp Competitors

Country US
Market Cap 776.8m USD
ROA
-1%
Country CA
Market Cap 576.3B CAD
ROA
-148%
Country MY
Market Cap 1.6T MYR
ROA
-1%
Country US
Market Cap 301B USD
ROA N/A
Country US
Market Cap 270.6B USD
ROA
-4 246%
Country NL
Market Cap 79.4B Zac
ROA
7%
Country US
Market Cap 55.5B USD
ROA N/A
Country US
Market Cap 55.2B USD
ROA
-14%
Country IN
Market Cap 4.6T INR
ROA
11%
Country US
Market Cap 53.9B USD
ROA
-75%
Country ID
Market Cap 625.7T IDR
ROA N/A

ROA Distribution

ROA Distribution
N/A Industry

Profitability Report

View the profitability report to see the full profitability analysis for Ares Acquisition Corp.

See Also

Discover More
What is 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
-0.9%
=
Net Income
-6.4m
/
Total Assets
749.3m
What is the ROA of Ares Acquisition Corp?

Based on Ares Acquisition Corp's most recent financial statements, the company has ROA of -0.9%.