Fintech Ecosystem Development (FEXDU) Return on Assets ROA from the second quarter of 2023 to second quarter of 2022 and for the year 2023, Average High and Low, Fundamental Ratios from Jun 30 2023 to Jun 30 2022 - CSIMarket
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Fintech Ecosystem Development Corp   (NASDAQ: FEXDU)


Fintech Ecosystem Development 's ROA from the second quarter of 2023 to the second quarter of 2022 and 5 Year Period

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


What is Fintech Ecosystem Development 's ROA in the second quarter of 2023?
Fintech Ecosystem Development Corp achieved a return on average assets (ROA) of 1.79 % in its second quarter of 2023, which is below Fintech Ecosystem Development 's average return on assets, which stands at 2.58%.

ROA decreased relative to the period ending Mar 31 2023, due to the decline in net income.

However, within the Financial sector 388 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2023 from 1841 to 2069.

What is ROA?



Return On Assets (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Total Assets Change -63.79 % 4.05 % 2 % 58089.94 % -
Y / Y Net Income Change - -48.83 % - - -
Net Income (TTM) in million 2 3 4 2 2
Return On Assets (TTM) 1.79 % 2.69 % 3.28 % 2.07 % 2.49 %
FEXDU's Total Ranking # 2069 # 1841 # 2088 # #
Total Assets (TTM) in million 42 121 119 116 116
Seq. Total Assets Change -65.27 % 1.69 % 2.55 % -0.03 % -0.2 %
Seq. Net Income Change - -51.66 % 520.17 % -71.83 % -39.42 %



Return On Assets Company Ranking
Within: No.
Industry # 18
Sector # 389
Overall # 2038

Return On Assets Statistics
High Average Low
3.27 %
2.58 %
1.78 %
(Dec 31 2022)  





Financial Statements
Fintech Ecosystem Development 's Assets $ 42 million FEXDU's Balance sheet
Fintech Ecosystem Development 's Income $ -1 million Quarterly FEXDU's Income Statement
FEXDU's Income by Division See FEXDU's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021

FY

FY

FY
Y / Y Total Assets Change 2 % - - - -
Total Assets in million 119 117 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 4 -2 0 0 0
Annual Return On Assets 3.22 % -1.61 % - - -




Comment on FEXDU's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 3.22 % compared to prior year, due to annual net income growth of % to $3.84 million, while value of Fintech Ecosystem Development 's overall assets grew just by 2 % to $119.03 million, compared to $119.03 a year before.


More Return On Assets Ratios
FEXDU's' Return on Assets at Yahoo Finance
Miscellaneous Financial Services Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
FEXDU's Roa Ratio versus Miscellaneous Financial Services Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for FEXDU's Competitors
Subscribers only: Roa for Fintech Ecosystem Development 's Suppliers
Subscribers only: Return On Assets for FEXDU's Customers

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



Companies with similar Return On Assets at Jun 30 2023, within Financial Sector ROA
Nasdaq Inc   4.88 %
Sba Communications Corporation  4.85 %
Federal Realty Investment Trust  4.81 %
Jaws Mustang Acquisition Corporation  4.78 %
Strawberry Fields Reit Inc   4.77 %
Credit Acceptance Corp  4.77 %
World Gold Trust  4.77 %
Income Opportunity Realty Investors Inc   4.74 %
Copt Defense Properties  4.64 %
The Cigna Group  4.63 %
Equifax Inc  4.60 %
Arch Capital Group Ltd   4.55 %
Northern Star Investment Corp Iii  4.53 %
Cincinnati Financial Corporation  4.52 %
Atlanticus Holdings Corp  4.51 %
Utg Inc   4.50 %
Nnn Reit Inc   4.50 %
Essex Property Trust Inc   4.47 %
Freedom Holding Corp   4.43 %
Blackrock Inc   4.41 %
Crown Castle Inc   4.38 %
National Health Investors Inc   4.36 %
Global Self Storage Inc   4.35 %
Pyrophyte Acquisition Corp   4.35 %
Finwise Bancorp  4.34 %
Udr Inc   4.31 %
Everest Group Ltd   4.30 %
Equity Residential  4.29 %
Tristar Acquisition I Corp   4.28 %
Tanger Inc  4.28 %


Date modified: 2026-09-08T15:11:02+00:00


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