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?