Belong Acquisition (BLNGU) Return on Assets ROA from the first quarter of 2023 to first quarter of 2022 and for the year 2023, Average High and Low, Fundamental Ratios from Mar 31 2023 to Mar 31 2022 - CSIMarket
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Belong Acquisition Corp   (NASDAQ: BLNGU)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Belong Acquisition 's ROA from the first quarter of 2023 to the first quarter of 2022 and 5 Year Period

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


What is Belong Acquisition 's ROA in the first quarter of 2023?
Belong Acquisition Corp achieved a return on average assets (ROA) of 1.54 % in its first quarter of 2023, which is below Belong Acquisition 's average return on assets, which stands at 1.6%.

ROA fell compared to the fourth quarter of 2022, despite the net income growth of % from the fourth quarter of 2022.

However, within the Financial sector 438 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Mar 31 2023 quarter, so far to 2183, from total ROA ranking in the fourth quarter of 2022 at 2323.

What is ROA?


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Return On Assets (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter		 (Sep 30 2022)
III. Quarter		 (Jun 30 2022)
II. Quarter		 (Mar 31 2022)
I. Quarter
Y / Y Total Assets Change -72.56 % -65.53 % -0.54 % 60715.23 % -
Y / Y Net Income Change -94.28 % - -72.57 % 47418933.33 % -
Net Income (TTM) in million 2 3 3 5 4
Return On Assets (TTM) 1.54 % 2.36 % 2.24 % 3.41 % 3.29 %
BLNGU's Total Ranking # 2183 # 2323 # 2805 # 2363 # 2562
Total Assets (TTM) in million 42 52 151 151 151
Seq. Total Assets Change -20.56 % -65.38 % -0.06 % -0.14 % -0.23 %
Seq. Net Income Change - - -52.83 % -8.37 % -

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


Return On Assets Company Ranking
Within: No.
Industry # 143
Sector # 439
Overall # 2144

Return On Assets Statistics
High Average Low
2.36 %
1.6 %
0.79 %
(Dec 31 2022)   (Sep 30 2022)





Financial Statements
Belong Acquisition 's Assets $ 42 million BLNGU's Balance sheet
Belong Acquisition 's Income $ 0 million Quarterly BLNGU's Income Statement
BLNGU's Income by Division See BLNGU's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022		 (Dec 31 2021)
FY 2021
FY
FY
FY
Y / Y Total Assets Change -65.53 % - - - -
Total Assets in million 52 152 0 0 0
Y / Y Net Income Change 36.59 % - - - -
Net Income in million 3 2 0 0 0
Annual Return On Assets 5.71 % 1.44 % - - -

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



Comment on BLNGU's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 5.71 % compared to prior year, due to annual net income growth of 36.59 % to $2.99 million, and due to decline of value in Belong Acquisition 's assets by -65.53 % to $52.32 million, compared to $52.32 a year before.


More Return On Assets Ratios
BLNGU'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
BLNGU'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 BLNGU's Competitors
Subscribers only: Roa for Belong Acquisition 's Suppliers
Subscribers only: Return On Assets for BLNGU's Customers

You may also want to know
BLNGU's Roi BLNGU's Inventory Turnover Ratio BLNGU's Growth Rates BLNGU's Dividend Comparisons
BLNGU's Profitability Ratios BLNGU's Asset Turnover Ratio BLNGU's Dividend Growth
BLNGU's Roe BLNGU's Valuation Ratios BLNGU's Financial Strength Ratios BLNGU's Dividend Payout Ratio



Companies with similar Return On Assets at Mar 31 2023, within Financial Sector ROA
Jaws Mustang Acquisition Corporation  4.23 %
Stewart Information Services Corp  4.22 %
Eastgroup Properties Inc   4.20 %
Blue Ocean Acquisition Corp  4.20 %
Amerisafe Inc   4.20 %
W P Carey Inc   4.20 %
Arch Capital Group Ltd   4.19 %
Rithm Property Trust Inc   4.14 %
Site Centers Corp   4.12 %
Essex Property Trust Inc   4.12 %
Global Self Storage Inc   4.10 %
Tanger Inc  4.09 %
PROCACCIANTI HOTEL REIT, INC.  4.09 %
Learn Cw Investment Corp  4.04 %
Talon 1 Acquisition Corp   4.04 %
Atlantic Coastal Acquisition Corp   4.03 %
Cboe Global Markets Inc   4.03 %
Pegasus Digital Mobility Acquisition Corp   4.03 %
Rose Hill Acquisition Corporation  4.00 %
Blackrock Inc   4.00 %
Blueport Acquisition Ltd  3.97 %
Iris Acquisition Corp  3.96 %
Bxp Inc   3.96 %
Rigel Resource Acquisition Corp  3.93 %
Income Opportunity Realty Investors Inc   3.91 %
Essential Properties Realty Trust Inc   3.88 %
Alexanders Inc  3.87 %
Sachem Capital Corp   3.85 %
Carlyle Group Inc   3.83 %
Churchill Capital Corp Vi  3.82 %

Date modified: 2026-09-18T13:11:05+00:00


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