Return On Asset ratio Analysis of Healthwell Acquisition Corp I - Deep Dive
Latest FY ROA
Period Ending - Dec-22
Not Good ROA
4.49
Period Ending - Dec-21
Poor ROA
1.79
Growth
151.54 %
Trailing Twelve Months ROA
Period Ending - Dec-22
Poor ROA
1.61
Most recent Quarter ROA
Period Ending - Jun-23
Very Poor ROA
-0.481
ROA Analysis of Healthwell Acquisition Corp I
ROA Ratio of Healthwell Acquisition Corp I with value of 1.61 means poor return on Assets in trailing twelve months. |
ROA Ratio of Healthwell Acquisition Corp I with value of -0.481 means poor return on Assets in latest Quarter ending on Jun-23. |
ROA Ratio of HWEL rose handsomely by 151.54 % this year. |
ROA of Healthwell Acquisition Corp I is negative because of negative Income in Quarterly result ended on Jun-23. |
Other ROA Related Info of HWEL that may interest you.
Healthwell Acquisition Corp I Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HWEL | 10.47 | 10.47 | 0 % | Shell Companies |
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 Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Very Low Profitability Stock |
FY - Historical Return On Asset of Healthwell Acquisition Corp I
Period | Dec-22 | Dec-21 |
---|---|---|
ROA | 4.49 | 1.79 |
Change | 151.54 % |
FY Chart of Return On Asset of Healthwell Acquisition Corp I
Note : All Data Generated at the End of Trading Hours (EOD Data)