Return On Asset ratio Analysis of Healthwell Acquisition Corp I - Deep Dive


Latest FY ROA
Period Ending - Dec-22

4.49


Not Good ROA
Period Ending - Dec-21
1.79

Poor ROA
Growth
151.54 %
Trailing Twelve Months ROA
Period Ending - Dec-22

1.61


Poor ROA
Most recent Quarter ROA
Period Ending - Jun-23

-0.481


Very Poor ROA
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
CodePricePrevious PricePrice ChangeSector
HWEL10.4710.47 0 % 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
Very Low Profitability Stock
FY - Historical Return On Asset of Healthwell Acquisition Corp I
PeriodDec-22Dec-21
ROA4.491.79
Change151.54 %
FY Chart of Return On Asset of Healthwell Acquisition Corp I


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