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


Latest FY ROA
Period Ending - Dec-22

27.44


Excellent ROA
Period Ending - Dec-21
1.89

Poor ROA
Growth
1350.44 %
Trailing Twelve Months ROA
Period Ending - Dec-22

3.69


Not Good ROA
Most recent Quarter ROA
Period Ending - Jun-23

-8.13


Very Poor ROA
ROA Analysis of MedTech Acquisition Corp
ROA Ratio of MTAC rose handsomely by 1350.44 % this year.
ROA of MedTech Acquisition Corp is negative because of negative Income in Quarterly result ended on Jun-23.
Other ROA Related Info of MTAC that may interest you.
MedTech Acquisition Corp Overview
CodePricePrevious PricePrice ChangeSector
MTAC11.349.5559 18.67 % 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
Poor Profitability Stock
FY - Historical Return On Asset of MedTech Acquisition Corp
PeriodDec-22Dec-21Dec-20
ROA27.441.89-0.0421
Change1350.44 %4595.74 %
FY Chart of Return On Asset of MedTech Acquisition Corp


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