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Accelerate Acquisition Corp
NYSE:AAQC

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Accelerate Acquisition Corp Logo
Accelerate Acquisition Corp
NYSE:AAQC
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Price: 10.115 USD Market Closed
Updated: Apr 18, 2024

ROE
Return on Equity

5%
Current
1%
Average
2.2%
Industry
Positive for the last year
5%
Positive average
1%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
5%
=
Net Income
18.7m
/
Equity
386.9m

ROE Across Competitors

ROE Comparison
Accelerate Acquisition Corp Competitors

Country US
Market Cap 505.8m USD
ROE
5%
Country CA
Market Cap 567.9B CAD
ROE
-192%
Country US
Market Cap 301B USD
ROE N/A
Country US
Market Cap 270.6B USD
ROE
3 074%
Country NL
Market Cap 77.2B Zac
ROE
12%
Country US
Market Cap 55.5B USD
ROE N/A
Country US
Market Cap 55.2B USD
ROE
-23%
Country US
Market Cap 53.9B USD
ROE
76%
Country US
Market Cap 38.6B EUR
ROE
42%
Country ID
Market Cap 641.8T IDR
ROE N/A
Country US
Market Cap 38.4B USD
ROE N/A

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
5%
=
Net Income
18.7m
/
Equity
386.9m
What is the ROE of Accelerate Acquisition Corp?

Based on Accelerate Acquisition Corp's most recent financial statements, the company has ROE of 5%.