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African Gold Acquisition Corp
NYSE:AGAC

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African Gold Acquisition Corp
NYSE:AGAC
Watchlist
Price: 10.12 USD
Updated: May 8, 2024

ROA
Return on Assets

2.6%
Current
2%
Average
-2.6%
Industry

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
2.6%
=
Net Income
10.8m
/
Total Assets
414.9m

ROA Across Competitors

Country Company Market Cap ROA
ZA
African Gold Acquisition Corp
NYSE:AGAC
158.6m USD
3%
CA
Advance Lithium Corp
XTSX:AALI
526.2B CAD
-148%
US
Viveon Health Acquisition Corp
NYSE-MKT:VHAQ
332.4B USD
0%
US
Gould Investors LP
OTC:GDVTZ
304.4B USD N/A
US
Carson Energy Development Corp
OTC:CDVM
270.6B USD
-4 246%
NL
Nepi Rockcastle NV
JSE:NRP
75.9B Zac
6%
US
Liberty Bancshares Inc
OTC:LBSI
55.5B USD N/A
US
Ergo Science Corp
OTC:ERGN
55.2B USD
-14%
US
HK Graphene Technology Corp
OTC:HKGT
53.9B USD
-75%
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
696.2T IDR N/A
US
Myson Group Inc
OTC:MYSN
38.4B USD N/A
A
African Gold Acquisition Corp
NYSE:AGAC
Country ZA
Market Cap 158.6m USD
ROA
3%
A
Advance Lithium Corp
XTSX:AALI
Country CA
Market Cap 526.2B CAD
ROA
-148%
V
Viveon Health Acquisition Corp
NYSE-MKT:VHAQ
Country US
Market Cap 332.4B USD
ROA
0%
G
Gould Investors LP
OTC:GDVTZ
Country US
Market Cap 304.4B USD
ROA N/A
C
Carson Energy Development Corp
OTC:CDVM
Country US
Market Cap 270.6B USD
ROA
-4 246%
N
Nepi Rockcastle NV
JSE:NRP
Country NL
Market Cap 75.9B Zac
ROA
6%
Liberty Bancshares Inc
OTC:LBSI
Country US
Market Cap 55.5B USD
ROA N/A
Ergo Science Corp
OTC:ERGN
Country US
Market Cap 55.2B USD
ROA
-14%
H
HK Graphene Technology Corp
OTC:HKGT
Country US
Market Cap 53.9B USD
ROA
-75%
Amman Mineral Internasional Tbk PT
IDX:AMMN
Country ID
Market Cap 696.2T IDR
ROA N/A
M
Myson Group Inc
OTC:MYSN
Country US
Market Cap 38.4B USD
ROA N/A

Profitability Report

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

Full Profitability Report

See Also

Summary
AGAC intrinsic value, competitors valuation, and company profile.
DCF Valuation
AGAC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AGAC stock valuation using valuation multiples.
Wall Street Estimates
AGAC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AGAC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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
2.6%
=
Net Income
10.8m
/
Total Assets
414.9m
What is the ROA of African Gold Acquisition Corp?

Based on African Gold Acquisition Corp's most recent financial statements, the company has ROA of 2.6%.

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