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Accelerate Acquisition Corp
NYSE:AAQC

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Accelerate Acquisition Corp Logo
Accelerate Acquisition Corp
NYSE:AAQC
Watchlist
Price: 10.115 USD
Updated: Apr 26, 2024

ROA
Return on Assets

4.6%
Current
1%
Average
-2.5%
Industry

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
4.6%
=
Net Income
18.7m
/
Total Assets
403m

ROA Across Competitors

ROA Comparison
Accelerate Acquisition Corp Competitors

Country US
Market Cap 505.8m USD
ROA
5%
Country CA
Market Cap 549.1B CAD
ROA
-148%
Country US
Market Cap 332.4B USD
ROA
0%
Country US
Market Cap 304.4B USD
ROA N/A
Country US
Market Cap 270.6B USD
ROA
-4 246%
Country NL
Market Cap 76.5B Zac
ROA
6%
Country US
Market Cap 55.5B USD
ROA N/A
Country US
Market Cap 55.2B USD
ROA
-14%
Country US
Market Cap 53.9B USD
ROA
-75%
Country ID
Market Cap 692.5T IDR
ROA N/A
Country US
Market Cap 38.4B EUR
ROA
12%

Profitability Report

View the profitability report to see the full profitability analysis for Accelerate 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
4.6%
=
Net Income
18.7m
/
Total Assets
403m
What is the ROA of Accelerate Acquisition Corp?

Based on Accelerate Acquisition Corp's most recent financial statements, the company has ROA of 4.6%.