Cova Acquisition (COVA) Return on Assets ROA from the third quarter of 2022 to third quarter of 2021 and for the year 2022, Average High and Low, Fundamental Ratios from Sep 30 2022 to Sep 30 2021 - CSIMarket
CSIMarket Company Name, Ticker, Industry, else..
 


• ROA Quarterly
• ROI Quarterly
• ROE Quarterly
Cova Acquisition Corp   (NASDAQ: COVA)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Cova Acquisition 's ROA from the third quarter of 2022 to the third quarter of 2021 and 5 Year Period

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


What is Cova Acquisition 's ROA in the third quarter of 2022?
Cova Acquisition Corp achieved a return on average assets (ROA) of 3.13 % in its third quarter of 2022, this is above COVA's average return on assets of 0.09%.
Cova Acquisition Corp assets over the 12 months ending in its third quarter of 2022 are valued at $301 million

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

However, within the Financial sector 1154 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2022 from 3222 to 3356.

What is ROA?


Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

Return On Assets (Sep 30 2022)
III. Quarter		 (Jun 30 2022)
II. Quarter		 (Mar 31 2022)
I. Quarter		 (Dec 31 2021)
IV. Quarter		 (Sep 30 2021)
III. Quarter
Y / Y Total Assets Change 0.28 % -0.18 % 12198.57 % 120926.29 % -
Y / Y Net Income Change -68.41 % - - - -
Net Income (TTM) in million 9 14 22 12 10
Return On Assets (TTM) 3.13 % 4.75 % 7.22 % 5.12 % 6.9 %
COVA's Total Ranking # 3356 # 3222 # 2168 # #
Total Assets (TTM) in million 302 301 301 301 301
Seq. Total Assets Change 0.36 % 0.13 % -0.05 % -0.17 % -0.09 %
Seq. Net Income Change - - 494.48 % -83.81 % 7.93 %

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


Return On Assets Company Ranking
Within: No.
Industry # 324
Sector # 1155
Overall # 3293

Return On Assets Statistics
High Average Low
2.28 %
0.09 %
-1.81 %
(Mar 31 2022)   (Sep 30 2022)





Financial Statements
Cova Acquisition 's Assets $ 302 million COVA's Balance sheet
Cova Acquisition 's Income $ 2 million Quarterly COVA's Income Statement
COVA's Income by Division See COVA's Income by Division



Annual Return On Assets (Dec 31 2021)
FY 2021
FY
FY
FY
FY
Y / Y Total Assets Change - - - - -
Total Assets in million 301 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 12 0 0 0 0
Annual Return On Assets 3.86 % - - - -

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



Comment on COVA's ROA in the fiscal year ending 2021
In the fiscal year 2021 ROA deteriorated to 3.86 %, despite annual net income growth of % to $11.61 million, from $0.00 million a year ago, as COVA's assets increase to $300.87 million, by %.


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

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



Companies with similar Return On Assets at Sep 30 2022, within Financial Sector ROA
Bluescape Opportunities Acquisition Corp   8.57 %
Paccar Inc  8.57 %
Catalyst Partners Acquisition Corp   8.50 %
Lxp Industrial Trust  8.44 %
Carlyle Group Inc   8.36 %
Lazard Inc   8.12 %
Lamar Advertising Co  8.02 %
Mentor Capital Inc   7.98 %
Mr Cooper Group Inc   7.92 %
Netcapital Inc   7.85 %
Atlanticus Holdings Corp  7.81 %
Rocket Companies Inc   7.79 %
Lpl Financial Holdings Inc   7.65 %
Encore Capital Group Inc   7.64 %
Biotech Acquisition Company  7.57 %
Breeze Holdings Acquisition Corp   7.55 %
Vpc Impact Acquisition Holdings Ii  7.53 %
Manhattan Bridge Capital Inc   7.31 %
S and p Global Inc   7.27 %
Prologis Inc   7.09 %
Kingsway Financial Services Inc  7.03 %
Argus Capital Corp   6.90 %
Alpine Income Property Trust Inc   6.88 %
Fintech Acquisition Corp V  6.83 %
Pmv Consumer Acquisition Corp   6.81 %
Simon Property Group inc   6.77 %
Molina Healthcare Inc   6.72 %
Tron Inc   6.65 %
Janus Henderson Group Plc  6.62 %
Enova International Inc   6.53 %

Date modified: 2026-09-26T07:40:22+00:00


Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.