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Adit EdTech Acquisition Cor
NYSE:ADEX

Watchlist Manager
Adit EdTech Acquisition Cor Logo
Adit EdTech Acquisition Cor
NYSE:ADEX
Watchlist
Price: 5.38 USD Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

-0.5%
Current
1%
Average
2.1%
Industry

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
-0.5%
=
Net Income
-724.1k
/
Equity
11.6m

ROE Across Competitors

ROE Comparison
Adit EdTech Acquisition Cor Competitors

Country US
Market Cap 50.4m USD
ROE
-1%
Country CA
Market Cap 549.1B CAD
ROE
-192%
Country US
Market Cap 332.4B USD
ROE
-1%
Country US
Market Cap 304.4B USD
ROE N/A
Country US
Market Cap 270.6B USD
ROE
3 074%
Country IN
Market Cap 10T INR
ROE
17%
Country NL
Market Cap 76.5B 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 ID
Market Cap 692.5T IDR
ROE N/A

Profitability Report

View the profitability report to see the full profitability analysis for Adit EdTech Acquisition Cor.

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
-0.5%
=
Net Income
-724.1k
/
Equity
11.6m
What is the ROE of Adit EdTech Acquisition Cor?

Based on Adit EdTech Acquisition Cor's most recent financial statements, the company has ROE of -0.5%.