Andretti Acquisition Ret. on assets
What is the Ret. on assets of Andretti Acquisition?
The Ret. on assets of Andretti Acquisition Corp. is -0.52%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) 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. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Finance sector on NYSE compared to Andretti Acquisition
Companies with ret. on assets similar to Andretti Acquisition
- Viva REIT has Ret. on assets of -0.53%
- Gujarat Apollo Industries has Ret. on assets of -0.53%
- Pharma Mar SA has Ret. on assets of -0.53%
- Panariagroup Industrie Ceramiche S.p.A has Ret. on assets of -0.52%
- MingZhu Logistics has Ret. on assets of -0.52%
- Squarespace has Ret. on assets of -0.52%
- Andretti Acquisition has Ret. on assets of -0.52%
- International Entertainment has Ret. on assets of -0.52%
- DLC has Ret. on assets of -0.52%
- AgileThought Inc has Ret. on assets of -0.52%
- Asia Grocery Distribution has Ret. on assets of -0.52%
- Hubtown has Ret. on assets of -0.52%
- Midland IC&I has Ret. on assets of -0.52%