What is Acacia Research's ROA in the second quarter of 2024?
Acacia Research Corporation achieved a return on average assets (ROA) of
10.04 % in its second quarter of 2024, this is above ACTG's average return on assets of -9.36%.
Acacia Research Corporation assets over the 12 months ending in its second quarter of 2024 are valued at $637 million
Despite the company's net income deteriorating, Acacia Research was able to improve its ROA compared to the first quarter of 2024.
However, within the
Conglomerates sector Acacia Research Corporation achieved the highest return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to
420, from total ROA ranking in the first quarter of 2024 at
592.
What is ROA?