Greencity Acquisition (GRCY) Return on Assets ROA from the fourth quarter of 2022 to fourth quarter of 2021 and for the year 2022, Average High and Low, Fundamental Ratios from Dec 31 2022 to Dec 31 2021 - CSIMarket
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Greencity Acquisition Corporation  (NASDAQ: GRCY)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Greencity Acquisition's ROA from the fourth quarter of 2022 to the fourth quarter of 2021 and 5 Year Period

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


What is Greencity Acquisition's ROA in the fourth quarter of 2022?
Greencity Acquisition Corporation achieved a return on average assets (ROA) of 1.88 % in its fourth quarter of 2022, which is below Greencity Acquisition's average return on assets, which stands at 2.24%.

Despite the company's net income deteriorating, Greencity Acquisition was able to improve its ROA compared to the third quarter of 2022.

However, within the Financial sector 442 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2022 from 2441 to 2463.

What is ROA?



Return On Assets (Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Total Assets Change -85.36 % 2.09 % 1.73 % -0.15 % -0.61 %
Y / Y Net Income Change - -49.95 % 103.72 % -72.75 % -
Net Income (TTM) in million 1 1 1 1 1
Return On Assets (TTM) 1.88 % 1.38 % 1.79 % 1.56 % 3.29 %
GRCY's Total Ranking # 2463 # 2441 # 2425 # 2462 # 2117
Total Assets (TTM) in million 6 42 41 41 41
Seq. Total Assets Change -85.69 % 2.44 % 0 % -0.13 % -0.21 %
Seq. Net Income Change - -14.94 % -26.57 % - -



Return On Assets Company Ranking
Within: No.
Industry # 136
Sector # 443
Overall # 2397

Return On Assets Statistics
High Average Low
4.15 %
2.24 %
-0.01 %
(Mar 31 2021)  





Financial Statements
Greencity Acquisition's Assets $ 6 million GRCY's Balance sheet
Greencity Acquisition's Income $ 0 million Quarterly GRCY's Income Statement
GRCY's Income by Division See GRCY's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020

FY

FY
Y / Y Total Assets Change -85.36 % -0.36 % - - -
Total Assets in million 6 41 41 0 0
Y / Y Net Income Change -54.56 % - - - -
Net Income in million 1 1 -2 0 0
Annual Return On Assets 10.17 % 3.28 % -5.64 % - -




Comment on GRCY's ROA in the fiscal year ending 2022
Despite deterioration in net income of -54.56 % to $0.61 million, Greencity Acquisition's ROA improved in the fiscal year2022 to 10.17 % compared to previous year, as the value of GRCY's assets decline even faster to $6.01 million, from $6.01 a year before.


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

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



Companies with similar Return On Assets at Dec 31 2022, within Financial Sector ROA
Life Storage Inc   5.17 %
Pegasus Digital Mobility Acquisition Corp   5.16 %
Nasdaq Inc   5.15 %
Concord Acquisition Corp Ii  5.13 %
Pyrophyte Acquisition Corp   5.11 %
Golden Falcon Acquisition Corp   5.11 %
Churchill Capital Corp Vii  5.10 %
Kernel Group Holdings Inc   5.10 %
Vaneck Merk Gold Etf  5.08 %
Invesco Db Us Dollar Index Bullish Fund  5.06 %
Jackson Acquisition Company  5.03 %
Pontem Corp  5.02 %
Tristar Acquisition I Corp   5.01 %
Coliseum Acquisition Corp   5.00 %
Wisdomtree Inc   5.00 %
Hcm Acquisition Corp  4.99 %
Project Energy Reimagined Acquisition Corp   4.98 %
Home Plate Acquisition Corp   4.97 %
Federal Realty Investment Trust  4.96 %
NewLake Capital Partners, Inc.  4.91 %
Disruptive Acquisition Corporation I  4.90 %
Eastgroup Properties Inc   4.90 %
Direct Selling Acquisition Corp   4.88 %
Forum Merger Iv Corp  4.87 %
Devvstream Corp   4.86 %
Iris Acquisition Corp  4.85 %
Oca Acquisition Corp  4.84 %
Compute Health Acquisition Corp   4.81 %
Talon 1 Acquisition Corp   4.81 %
Churchill Capital Corp V  4.80 %


Date modified: 2026-06-14T16:08:04+00:00


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