Return On Asset ratio Analysis of Altenergy Acquisition Corp - Deep Dive


Latest FY ROA
Period Ending - Dec-23

34.19


Excellent ROA
Period Ending - Dec-22
5.80

Indecisive ROA
Growth
489.41 %
Trailing Twelve Months ROA
Period Ending - Dec-23

1.79


Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

2.48


Indecisive ROA
ROA Analysis of Altenergy Acquisition Corp
ROA Ratio of Altenergy Acquisition Corp with value of 1.79 means poor return on Assets in trailing twelve months.
ROA Ratio of Altenergy Acquisition Corp with value of 2.48 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of AEAE rose handsomely by 489.41 % this year.
Other ROA Related Info of AEAE that may interest you.
Altenergy Acquisition Corp Overview
CodePricePrevious PricePrice ChangeSector
AEAE11.8511.9 0.420 % Shell Companies
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula
ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio
Tsr Profitability Index
Low Profitability Stock
FY - Historical Return On Asset of Altenergy Acquisition Corp
PeriodDec-23Dec-22Dec-21
ROA34.195.804923.14
Change489.41 %-99.88 %
FY Chart of Return On Asset of Altenergy Acquisition Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)