First Time Loading...

Accelerate Acquisition Corp
NYSE:AAQC

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

ROIC
Return on Invested Capital

-0.2%
Current
-1%
Average
-1.2%
Industry
Negative for the last year
-0.2%
Negative average
-1%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-0.2%
=
NOPAT
-655.3k
/
Invested Capital
402.4m

ROIC Across Competitors

ROIC Comparison
Accelerate Acquisition Corp Competitors

Country US
Market Cap 505.8m USD
ROIC
0%
Country CA
Market Cap 567.9B CAD
ROIC
-34%
Country US
Market Cap 301B USD
ROIC N/A
Country US
Market Cap 270.6B USD
ROIC
21 158%
Country IN
Market Cap 9.9T INR
ROIC
0%
Country NL
Market Cap 77.7B Zac
ROIC
6%
Country US
Market Cap 55.5B USD
ROIC N/A
Country US
Market Cap 55.2B USD
ROIC
-19%
Country US
Market Cap 53.9B USD
ROIC N/A
Country ID
Market Cap 638.2T IDR
ROIC N/A
Country US
Market Cap 36.4B EUR
ROIC
41%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-0.2%
=
NOPAT
-655.3k
/
Invested Capital
402.4m
What is the ROIC of Accelerate Acquisition Corp?

Based on Accelerate Acquisition Corp's most recent financial statements, the company has ROIC of -0.2%.