What is Capitalworks Emerging Markets Acquisition's ROA in the third quarter of 2024?
Capitalworks Emerging Markets Acquisition Corp achieved a return on average assets (ROA) of
19.33 % in its third quarter of 2024, this is above CMCAU's average return on assets of 8.15%.
Capitalworks Emerging Markets Acquisition Corp assets over the 12 months ending in its third quarter of 2024 are valued at $94 million
Despite the company's net income deteriorating, Capitalworks Emerging Markets Acquisition was able to improve its ROA compared to the second quarter of 2023.
However, within the
Financial sector 7 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
125, from total ROA ranking in the second quarter of 2023 at
349.
What is ROA?