Industrial Tech Acquisitions Ii Inc '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 Industrial Tech Acquisitions Ii Inc 's ROA in the second quarter of 2023?
Industrial Tech Acquisitions Ii Inc achieved a return on average assets (ROA) of 1.53 % in its second quarter of 2023, which is below Industrial Tech Acquisitions Ii Inc 's average return on assets, which stands at 2.24%.

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

However, within the Basic Materials sector 170 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2023 quarter, so far to 1993, from total ROA ranking in the first quarter of 2023 at 2053.

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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	-91.47 %	1.77 %	152417.49 %	-	-
Y / Y Net Income Change	-	-55.74 %	-	-	-
Net Income (TTM) in million	3	3	5	4	3
Return On Assets (TTM)	1.53 %	1.56 %	2.2 %	3.03 %	3.59 %
ITAQU's Total Ranking	# 1993	# 2053	# 2225	#	#
Total Assets (TTM) in million	15	181	357	178	177
Seq. Total Assets Change	-91.62 %	-49.5 %	100.84 %	0.38 %	-0.04 %
Seq. Net Income Change	-	30.03 %	1.52 %	29.09 %	-74.02 %

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

Return On Assets Company Ranking
Within:	No.
Industry	# 48
Sector	# 171
Overall	# 1963

Return On Assets Statistics
High	Average	Low
2.75 %	2.24 %	1.95 %
(Dec 31 2022)		(Mar 31 2023)

Financial Statements
Industrial Tech Acquisitions Ii Inc 's Assets	$ 15 million	ITAQU's Balance sheet
Industrial Tech Acquisitions Ii Inc 's Income	$ 0 million	Quarterly ITAQU's Income Statement
ITAQU's Income by Division		See ITAQU'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	76346.73 %	-	-	-	-
Total Assets in million	179	0	0	0	0
Y / Y Net Income Change	-	-	-	-	-
Net Income in million	5	0	0	0	0
Annual Return On Assets	2.73 %	-1.6 %	-	-	-

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

Comment on ITAQU's ROA in the fiscal year ending 2022

In the fiscal year 2022 ROA improved to 2.73 % compared to prior year, due to annual net income growth of % to $4.89 million, while value of Industrial Tech Acquisitions Ii Inc 's overall assets grew just by 76346.73 % to $179.15 million, compared to $179.15 a year before.

More Return On Assets Ratios
ITAQU's' Return on Assets at Yahoo Finance
Chemical Manufacturing Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
ITAQU's Roa Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for ITAQU's Competitors
Subscribers only: Roa for Industrial Tech Acquisitions Ii Inc 's Suppliers
Subscribers only: Return On Assets for ITAQU's Customers

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ITAQU's Roi	ITAQU's Inventory Turnover Ratio	ITAQU's Growth Rates	ITAQU's Dividend Comparisons
	ITAQU's Profitability Ratios	ITAQU's Asset Turnover Ratio	ITAQU's Dividend Growth
ITAQU's Roe	ITAQU's Valuation Ratios	ITAQU's Financial Strength Ratios	ITAQU's Dividend Payout Ratio

Companies with similar Return On Assets at Jun 30 2023, within Basic Materials Sector	ROA
Olympic Steel Inc	4.17 %
Ssr Mining Inc	4.11 %
Nov Inc	4.11 %
Silgan Holdings Inc	4.10 %
Crown Holdings Inc	4.10 %
Ball Corporation	4.00 %
Summit Materials Inc	3.97 %
Northern Technologies International Corporation	3.89 %
Ashland Inc	3.86 %
Ecovyst Inc	3.82 %
Berry Global Group Inc	3.79 %
Rbc Bearings Inc	3.78 %
Luxfer Holdings Plc	3.72 %
Generac Holdings Inc	3.70 %
Fuller H B Co	3.44 %
Novelis Inc	3.44 %
Baker Hughes Company	3.39 %
Axalta Coating Systems Ltd	3.28 %
Rcf Acquisition Corp	3.26 %
Intrepid Potash inc	3.24 %
Dow Inc	3.09 %
Huntsman Corporation	3.01 %
Minerals Technologies Inc	2.98 %
Seaport Global Acquisition Ii Corp	2.94 %
Element Solutions Inc	2.81 %
Circor International Inc	2.76 %
Spring Valley Acquisition Corp Ii	2.75 %
Stardust Power Inc	2.40 %
Tlgy Acquisition Corporation	2.31 %
Smart Sand Inc	2.22 %

Date modified: 2026-09-18T13:11:05+00:00

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