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Burtech Acquisition Corp   (BRKH)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial


Burtech Acquisition 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

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


What is Burtech Acquisition 's ROA in the third quarter of 2023?
Burtech Acquisition Corp achieved a return on average assets (ROA) of 2.12 % in its third quarter of 2023 a new company high.

Despite the company's net income deteriorating, Burtech Acquisition was able to improve its ROA compared to the second quarter of 2023.

However, within the Financial sector 320 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 1820, from total ROA ranking in the second quarter of 2023 at 1959.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change -76.2 % -75.69 % -76 % - -
Y / Y Net Income Change -99.49 % 5.84 % - - -
Net Income (TTM) in million 3 3 3 2 1
Return On Assets (TTM) 2.12 % 1.83 % 1.4 % 0.57 % 0.3 %
BRKH's Total Ranking # 1820 # 1959 # 2169 # 2969 #
Total Assets (TTM) in million 70 71 70 296 294
Seq. Total Assets Change -1.72 % 1.29 % -76.23 % 0.57 % 0.37 %
Seq. Net Income Change -96.6 % -93.73 % 55.1 % 53.4 % 609.25 %



Return On Assets Company Ranking
Within: No.
Industry # 98
Sector # 321
Overall # 1818

Return On Assets Statistics
High Average Low
2.12 %
1.48 %
0.57 %
(Sep 30 2023)   (Dec 31 2022)





Financial Statements
Burtech Acquisition 's Assets $ 70 million BRKH's Balance sheet
Burtech Acquisition 's Income $ 0 million Quarterly BRKH's Income Statement
BRKH's Income by Division See BRKH's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022

FY

FY

FY

FY
Y / Y Total Assets Change - - - - -
Total Assets in million 296 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 2 0 0 0 0
Return On Assets 0.57 % - - - -




Comment on BRKH's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA deteriorated to 0.57 %, despite annual net income growth of % to $1.67 million, from $0.00 million a year ago, as BRKH's assets increase to $296.01 million, by %.


More Return On Assets Ratios
BRKH'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
BRKH's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for BRKH's Competitors
Roa for Burtech Acquisition 's Suppliers
Return On Assets for BRKH's Customers

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



Companies with similar Return On Assets at Sep 30 2023, within Financial Sector ROA
Rli Corp  5.83 %
Crescera Capital Acquisition Corp   5.79 %
Everest Group Ltd   5.72 %
Humana Inc   5.72 %
Arch Capital Group Ltd   5.71 %
Oppfi Inc   5.58 %
Equity Lifestyle Properties Inc   5.58 %
Jaws Mustang Acquisition Corporation  5.56 %
First Industrial Realty Trust Inc   5.52 %
Global Technology Acquisition Corp I  5.52 %
Future Health Esg Corp   5.52 %
Patria Latin American Opportunity Acquisition Corp  5.47 %
Cincinnati Financial Corporation  5.46 %
Rcf Acquisition Corp   5.44 %
Brown and Brown Inc   5.39 %
Euronet Worldwide Inc   5.34 %
Mid america Apartment Communities Inc   5.31 %
Ross Acquisition Corp Ii  5.30 %
Swk Holdings Corporation  5.26 %
U S Global Investors Inc  5.20 %
Ryman Hospitality Properties inc   5.15 %
Income Opportunity Realty Investors Inc   5.08 %
Freedom Holding Corp   5.02 %
World Acceptance Corp  5.01 %
Vector Acquisition Corporation Ii  4.98 %
Amerisafe Inc   4.94 %
Enova International Inc   4.89 %
Palomar Holdings Inc   4.87 %
Cartica Acquisition Corp  4.82 %
Nasdaq Inc   4.81 %


Date modified: 2023-11-16T14:31:53+00:00


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