Glenfarne Merger (GGMC) 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, Competitors, else..
 


• ROA Quarterly
• ROI Quarterly
• ROE Quarterly
Glenfarne Merger Corp   (NASDAQ: GGMC)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Glenfarne Merger '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 Glenfarne Merger 's ROA in the third quarter of 2022?
Glenfarne Merger Corp achieved a return on average assets (ROA) of 1.9 % in its third quarter of 2022, this is above GGMC's average return on assets of 0.33%.
Glenfarne Merger Corp assets over the 12 months ending in its third quarter of 2022 are valued at $274 million

ROA fell compared to the second quarter of 2022, despite the net income growth of 36.1% from the second quarter of 2022.

However, within the Financial sector 1104 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 2993 to 3189.

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 0.07 % -0.25 % 6574.43 % 50561.88 % -
Y / Y Net Income Change -69.1 % -36.56 % - - -
Net Income (TTM) in million 5 8 9 6 6
Return On Assets (TTM) 1.9 % 3.09 % 3.31 % 3.01 % 4.31 %
GGMC's Total Ranking # 3189 # 2993 # 2884 # #
Total Assets (TTM) in million 274 274 273 274 274
Seq. Total Assets Change 0.23 % 0.12 % -0.39 % 0.11 % -0.09 %
Seq. Net Income Change 36.1 % -55.72 % 805.02 % -94.34 % 179.45 %

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


Return On Assets Company Ranking
Within: No.
Industry # 309
Sector # 1105
Overall # 3132

Return On Assets Statistics
High Average Low
0.88 %
0.33 %
-0.53 %
(Mar 31 2022)   (Sep 30 2022)





Financial Statements
Glenfarne Merger 's Assets $ 274 million GGMC's Balance sheet
Glenfarne Merger 's Income $ 1 million Quarterly GGMC's Income Statement
GGMC's Income by Division See GGMC'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 274 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 6 0 0 0 0
Annual Return On Assets 2.27 % - - - -

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



Comment on GGMC's ROA in the fiscal year ending 2021
In the fiscal year 2021 ROA deteriorated to 2.27 %, despite annual net income growth of % to $6.22 million, from $0.00 million a year ago, as GGMC's assets increase to $274.33 million, by %.


More Return On Assets Ratios
GGMC'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
GGMC'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 GGMC's Competitors
Subscribers only: Roa for Glenfarne Merger 's Suppliers
Subscribers only: Return On Assets for GGMC's Customers

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



Companies with similar Return On Assets at Sep 30 2022, within Financial Sector ROA
Athlon Acquisition Corp   5.20 %
Svf Investment Corp   5.17 %
Silver Spike Acquisition Corp Ii  5.17 %
Avalon Acquisition Inc   5.15 %
Parabellum Acquisition Corp   5.14 %
Authentic Equity Acquisition Corp   5.14 %
Churchill Capital Corp Vi  5.12 %
First Reserve Sustainable Growth Corp   5.09 %
W R Berkley Corp  5.08 %
Senior Connect Acquisition Corp I  5.07 %
Franklin Resources Inc   5.05 %
Federal Realty Investment Trust  5.04 %
Life Storage Inc   5.03 %
Nextplay Technologies Inc   5.03 %
Walker and Dunlop Inc   5.00 %
Trine Ii Acquisition Corp   4.99 %
Scion Tech Growth I  4.98 %
Four Corners Property Trust Inc   4.93 %
G and p Acquisition Corp   4.91 %
Site Centers Corp   4.86 %
Cherry Hill Mortgage Investment Corporation  4.85 %
Palomar Holdings Inc   4.82 %
Battery Future Acquisition Corp   4.77 %
Bxp Inc   4.74 %
Kairos Acquisition Corp   4.74 %
Healthcare Services Acquisition Corp  4.73 %
Corazon Capital V838 Monoceros Corp  4.72 %
Broadmark Realty Capital Inc   4.69 %
Hennessy Advisors Inc  4.68 %
Catcha Investment Corp  4.67 %

Date modified: 2026-08-29T17:44:29+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.