What is Investcorp India Acquisition's ROA in the third quarter of 2023?
Investcorp India Acquisition Corp achieved a return on average assets (ROA) of
4.3 % in its third quarter of 2023, this is above IVCA's average return on assets of 3.87%.
Investcorp India Acquisition Corp assets over the 12 months ending in its third quarter of 2023 are valued at $232 million
Despite the company's net income deteriorating, Investcorp India Acquisition was able to improve its ROA compared to the second quarter of 2023.
However, within the
Financial sector 140 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
1292, from total ROA ranking in the second quarter of 2023 at
1388.
What is ROA?