Ace Global Business Acquisition Limited's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Ace Global Business Acquisition Limited's ROA in the fourth quarter of 2023?
Ace Global Business Acquisition Limited recorded a cumulative net loss of $0 million during 12 months ending in the fourth quarter of 2023, resulting in a negative return on assets (ROA) of -0.91%.

However, within the Financial sector 921 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from 1086 to 1676.

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Return On Assets	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter
Y / Y Total Assets Change	-99.59 %	-77.27 %	-45.72 %	9.97 %	6.3 %
Y / Y Net Income Change	-	-	-	-	4231.81 %
Net Income (TTM) in million	0	1	2	2	2
Return On Assets (TTM)	-0.91 %	2.67 %	4.15 %	3.33 %	3.4 %
ACBAU's Total Ranking	# 1676	# 1086	# 1355	# 1802	# 3214
Total Assets (TTM) in million	0	22	26	52	50
Seq. Total Assets Change	-99.07 %	-15.14 %	-49.7 %	3.48 %	-48.55 %
Seq. Net Income Change	-	-	-	-	-9.64 %

ACBAU's 5 Years Annual ROA >> Back to ACBAU Management Effectiveness >> Compare ACBAU ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 137
Sector	# 922
Overall	# 2889

Return On Assets Statistics
High	Average	Low
6.23 %	1.96 %	-0.92 %
(Jun 30 2023)		(Dec 31 2023)

Financial Statements
Ace Global Business Acquisition Limited's Assets	$ 0 million	ACBAU's Balance sheet
Ace Global Business Acquisition Limited's Income	$ 0 million	Quarterly ACBAU's Income Statement
ACBAU's Income by Division		See ACBAU's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	FY	FY
Y / Y Total Assets Change	-99.59 %	6.3 %	-	-	-
Total Assets in million	0	50	47	0	0
Y / Y Net Income Change	14.12 %	-	-	-	-
Net Income in million	2	2	-1	0	0
Annual Return On Assets	1148 %	4.12 %	-2.17 %	-	-

ACBAU's 5 Years Annual ROA >> Back to ACBAU Management Effectiveness >> Compare ACBAU ROA to its Competitors

Comment on ACBAU's ROA in the fiscal year ending 2023

In the fiscal year 2023 ROA improved to 1148 % compared to prior year, due to annual net income growth of 14.12 % to $2.35 million, and due to decline of value in Ace Global Business Acquisition Limited's assets by -99.59 % to $0.21 million, compared to $0.21 a year before.

More Return On Assets Ratios
ACBAU's' Return on Assets at Yahoo Finance
Blank Checks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
ACBAU's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for ACBAU's Competitors
Subscribers only: Roa for Ace Global Business Acquisition Limited's Suppliers
Subscribers only: Return On Assets for ACBAU's Customers

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ACBAU's Roi	ACBAU's Inventory Turnover Ratio	ACBAU's Growth Rates	ACBAU's Dividend Comparisons
	ACBAU's Profitability Ratios	ACBAU's Asset Turnover Ratio	ACBAU's Dividend Growth
ACBAU's Roe	ACBAU's Valuation Ratios	ACBAU's Financial Strength Ratios	ACBAU's Dividend Payout Ratio

Companies with similar Return On Assets at Dec 31 2023, within Financial Sector

ROA

Date modified: 2026-08-29T18:24:24+00:00

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