First Time Loading...

Atlas Crest Investment Corp II
NYSE:ACII

Watchlist Manager
Atlas Crest Investment Corp II Logo
Atlas Crest Investment Corp II
NYSE:ACII
Watchlist
Price: 10.07 USD -0.2% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

3.4%
Current
5%
Average
-2.5%
Industry
Positive for the last year
3.4%
Positive average
5%
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
3.4%
=
Net Income
11.9m
/
Total Assets
347.8m

ROA Across Competitors

ROA Comparison
Atlas Crest Investment Corp II Competitors

Country US
Market Cap 434.3m USD
ROA
3%
Country CA
Market Cap 551.2B 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 76.2B 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 659.9T IDR
ROA N/A
Country US
Market Cap 38B EUR
ROA
12%

Profitability Report

View the profitability report to see the full profitability analysis for Atlas Crest Investment Corp II.

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
3.4%
=
Net Income
11.9m
/
Total Assets
347.8m
What is the ROA of Atlas Crest Investment Corp II?

Based on Atlas Crest Investment Corp II's most recent financial statements, the company has ROA of 3.4%.