What is Associated Capital Group Inc 's ROA in the third quarter of 2023?
Associated Capital Group Inc achieved a return on average assets (ROA) of
3.29 % in its third quarter of 2023, this is above AC's average return on assets of 0.7%.
Associated Capital Group Inc assets over the 12 months ending in its third quarter of 2023 are valued at $1,080 million
Despite the company's net income deteriorating, Associated Capital Group Inc was able to improve its ROA compared to the second quarter of 2023.
However, within the
Financial sector 172 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
1405, from total ROA ranking in the second quarter of 2023 at
1899.
What is ROA?