What is Midwest Holding Inc 's ROA in the third quarter of 2022?
Midwest Holding Inc achieved a return on average assets (ROA) of
0.08 % in its third quarter of 2022, this is above MDWT's average return on assets of -4.47%.
Midwest Holding Inc assets over the 12 months ending in its third quarter of 2022 are valued at $1,297 million
ROA has improved compared to -0.45% in the second quarter of 2022, due to net income growth.
However, within the
Financial sector 980 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2022 quarter, so far to
2932, from total ROA ranking in the second quarter of 2022 at
3182.
What is ROA?