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Aldel Financial Inc
NYSE:ADF

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Aldel Financial Inc
NYSE:ADF
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Price: 11.01 USD 3.28% Market Closed
Updated: Apr 19, 2024

ROE
Return on Equity

0%
Current
0%
Average
2.2%
Industry
Negative for the last year
0%
Negative average
0%
Worse than average
Worse 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
0%
=
Net Income
-1.5k
/
Equity
102.3m

ROE Across Competitors

ROE Comparison
Aldel Financial Inc Competitors

Country US
Market Cap 0 USD
ROE N/A
Country CA
Market Cap 557.5B 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 ID
Market Cap 647.2T IDR
ROE N/A
Country US
Market Cap 37.5B EUR
ROE
42%
Country US
Market Cap 38.4B USD
ROE N/A

Profitability Report

View the profitability report to see the full profitability analysis for Aldel Financial Inc.

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%
=
Net Income
-1.5k
/
Equity
102.3m
What is the ROE of Aldel Financial Inc?

Based on Aldel Financial Inc's most recent financial statements, the company has ROE of 0%.