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AltC Acquisition Corp
NYSE:ALCC

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AltC Acquisition Corp
NYSE:ALCC
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Price: 13.4 USD 3.08% Market Closed
Updated: Apr 25, 2024

ROE
Return on Equity

3%
Current
1%
Average
2.1%
Industry
Positive for the last year
3%
Positive average
1%
Better than average
Better 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
3%
=
Net Income
11.9m
/
Equity
394.4m

ROE Across Competitors

ROE Comparison
AltC Acquisition Corp Competitors

Country US
Market Cap 577.5m USD
ROE
3%
Country CA
Market Cap 553.3B 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 9.8T INR
ROE
17%
Country NL
Market Cap 76B 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 US
Market Cap 38.2B EUR
ROE
42%

Profitability Report

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

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
3%
=
Net Income
11.9m
/
Equity
394.4m
What is the ROE of AltC Acquisition Corp?

Based on AltC Acquisition Corp's most recent financial statements, the company has ROE of 3%.