What is Global Technology Acquisition I's ROA in the third quarter of 2023?
Global Technology Acquisition Corp I achieved a return on average assets (ROA) of
5.53 % in its third quarter of 2023, this is above GTAC's average return on assets of 4.9%.
Global Technology Acquisition Corp I assets over the 12 months ending in its third quarter of 2023 are valued at $116 million
Despite the company's net income deteriorating, Global Technology Acquisition I was able to improve its ROA compared to the second quarter of 2023.
However, within the
Financial sector 101 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
1091, from total ROA ranking in the second quarter of 2023 at
1425.
What is ROA?