Mobiv Acquisition's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

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

What is Mobiv Acquisition's ROA in the third quarter of 2023?
Mobiv Acquisition Corp achieved a return on average assets (ROA) of 0.02 % in its third quarter of 2023, which is below Mobiv Acquisition's average return on assets, which stands at 0.08%.

ROA decreased relative to the period ending Jun 30 2023, due to the decline in net income.

However, within the Financial sector 866 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2023 from 2743 to 2760.

What is ROA?

Select the Comparisons :

None ▼

Select the Ratio:

Return on Assets ROA▼

None ▼

Return on Assets ROA▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

Return On Assets	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter
Y / Y Total Assets Change	-40.87 %	40544.92 %	-	-	-
Y / Y Net Income Change	-	-	-	-	-
Net Income (TTM) in million	0	0	0	0	0
Return On Assets (TTM)	0.02 %	0.33 %	-0.1 %	-0 %	-0.35 %
MOBV's Total Ranking	# 2760	# 2743	# 2951	#	#
Total Assets (TTM) in million	61	106	105	105	104
Seq. Total Assets Change	-42.22 %	1.06 %	0.58 %	0.67 %	39620.06 %
Seq. Net Income Change	-	-	-	-	-

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

Return On Assets Company Ranking
Within:	No.
Industry	# 133
Sector	# 867
Overall	# 2725

Return On Assets Statistics
High	Average	Low
0.33 %	0.08 %	-0.1 %
(Jun 30 2023)

News about Mobiv Acquisition Corp Return on Assets ROA

SRIVARU - Uniting Forces, Empowering Leadership, and Navigating Financial Waters

In recent news, SRIVARU, a prominent player in the technology industry, announced its successful business combination with Mobiv Acquisition Corp. This strategic move, coupled with the appointment of former Tesla executive Mohanraj Ramasamy as the CEO of the combined companies, indicates an era of transformation and growth. However, despite these positive developments, certain financial figures suggest room for improvement. Let s delve deeper into the facts and assess their impact on the company.
1. Decline in Mobiv Acquisition Corp s Q3 2023 Return on Asset (ROA):
During the third quarter of 2023, Mobiv Acquisition Corp experienced a return on asset (ROA) of 0.02%. This figure falls below the company s average return on assets, which stands at 0.08%. The ROA is a key indicator of a company s efficiency in utilizing its assets to generate profit. Although the decline seems significant in isolation, it is crucial to consider other factors before drawing definitive conclusions about SRIVARU s prospects.

Financial Statements
Mobiv Acquisition's Assets	$ 61 million	MOBV's Balance sheet
Mobiv Acquisition's Income	$ 0 million	Quarterly MOBV's Income Statement
MOBV's Income by Division		See MOBV's Income by Division

Annual Return On Assets	(Dec 31 2022) FY 2022	FY	FY	FY	FY
Y / Y Total Assets Change	-	-	-	-	-
Total Assets in million	105	0	0	0	0
Y / Y Net Income Change	-	-	-	-	-
Net Income in million	0	0	0	0	0
Annual Return On Assets	0.36 %	-	-	-	-

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

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

In the fiscal year 2022 ROA improved to 0.36 % compared to prior year, due to annual net income growth of % to $0.38 million, while value of Mobiv Acquisition's overall assets grew just by % to $104.50 million, compared to $104.50 a year before.

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

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

Companies with similar Return On Assets at Sep 30 2023, within Financial Sector	ROA
Ventas inc	0.04 %
Midwest Holding Inc	0.04 %
Tc Bancshares Inc	0.04 %
Vecta Inc	0.02 %
Kkr Real Estate Finance Trust Inc	0.02 %
Umh Properties Inc	0.02 %
Mobiv Acquisition Corp	0.02 %

Date modified: 2023-11-16T16:37:32+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.