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Cactus Acquisition Corp 1 Ltd  (CCTS)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial


Cactus Acquisition 1 Ltd's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

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


What is Cactus Acquisition 1 Ltd's ROA in the second quarter of 2024?
Cactus Acquisition Corp 1 Ltd achieved a return on average assets (ROA) of 1.18 % in its second quarter of 2024, which is below Cactus Acquisition 1 Ltd's average return on assets, which stands at 1.71%.

ROA decreased relative to the period ending Mar 31 2024, due to the decline in net income.

However, within the Financial sector 338 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2024 from 1302 to 1675.

What is ROA?


Return On Assets (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Total Assets Change -12.85 % -83.96 % -83.96 % -99.98 % -81.36 %
Y / Y Net Income Change - -96.53 % -72.52 % -99.96 % -
Net Income (TTM) in million 0 1 2 2 3
Return On Assets (TTM) 1.18 % 3.21 % 3.52 % 3.19 % 2.58 %
CCTS's Total Ranking # 1675 # 1302 # 1397 # 1548 # 1747
Total Assets (TTM) in million 21 21 21 0 24
Seq. Total Assets Change -0.34 % 0.7 % 85565.52 % -99.9 % -81.65 %
Seq. Net Income Change - -86.68 % 188915.65 % -99.93 % -79.48 %



Return On Assets Company Ranking
Within: No.
Industry # 59
Sector # 339
Overall # 1670

Return On Assets Statistics
High Average Low
3.51 %
1.71 %
-0.53 %
(Dec 31 2023)  





Financial Statements
Cactus Acquisition 1 Ltd's Assets $ 21 million CCTS's Balance sheet
Cactus Acquisition 1 Ltd's Income $ 0 million Quarterly CCTS's Income Statement
CCTS's Income by Division See CCTS'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 -83.96 % 0.63 % - - -
Total Assets in million 21 131 131 0 0
Y / Y Net Income Change 74.94 % - - - -
Net Income in million 2 1 -1 0 0
Return On Assets 7.42 % 0.68 % -0.51 % - -




Comment on CCTS's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 7.42 % compared to prior year, due to annual net income growth of 74.94 % to $1.56 million, and due to decline of value in Cactus Acquisition 1 Ltd's assets by -83.96 % to $21.08 million, compared to $21.08 a year before.


More Return On Assets Ratios
CCTS'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
CCTS's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CCTS's Competitors
Roa for Cactus Acquisition 1 Ltd's Suppliers
Return On Assets for CCTS's Customers

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



Companies with similar Return On Assets at Jun 30 2024, within Financial Sector ROA
American Homes 4 Rent  3.24 %
Nasdaq Inc   3.22 %
Equinix Inc   3.21 %
Seven Hills Realty Trust  3.20 %
Silverbox Corp Iii  3.18 %
W P Carey Inc   3.17 %
Gcm Grosvenor Inc   3.17 %
Compass Digital Acquisition Corp   3.14 %
Quetta Acquisition Corporation  3.12 %
Crown Castle Inc   3.10 %
Golden Star Acquisition Corporation  3.09 %
  3.08 %
Cslm Acquisition Corp   3.08 %
Concord Acquisition Corp Ii  3.05 %
Stag Industrial inc   3.04 %
American Financial Group Inc   2.96 %
  2.95 %
Travelers Companies inc   2.93 %
Franklin Resources Inc   2.89 %
Siriuspoint Ltd   2.78 %
Tmt Acquisition Corp  2.75 %
Roth Ch Acquisition Co   2.74 %
Provident Bancorp Inc   2.72 %
Ares Management Corporation  2.71 %
The Bancorp Inc   2.69 %
International Bancshares Corporation  2.66 %
Northeast Community Bancorp inc   2.64 %
Digital Realty Trust Inc   2.62 %
Finwise Bancorp  2.61 %
The Cigna Group  2.60 %


Date modified: 2024-09-06T05:20:19+00:00


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