Noble Rock Acquisition (NRACU) Return on Assets ROA from the second quarter of 2024 to second quarter of 2023 and for the year 2024, Average High and Low, Fundamental Ratios from Jun 30 2024 to Jun 30 2023 - CSIMarket
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Noble Rock Acquisition Corp  (NASDAQ: NRACU)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Noble Rock Acquisition's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

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


What is Noble Rock Acquisition's ROA in the second quarter of 2024?
Noble Rock Acquisition Corp achieved a return on average assets (ROA) of 957.37 % in its second quarter of 2024, this is above NRACU's average return on assets of 207.33%.
Noble Rock Acquisition Corp assets over the 12 months ending in its second quarter of 2024 are valued at $16 million

ROA has improved compared to 858.95% in the first quarter of 2024, due to net income growth.

However, within the Financial sector only one company had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2024 from 9 to 13.

What is ROA?



Return On Assets (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Total Assets Change -27.87 % -37.97 % -97.9 % -91.7 % -89.14 %
Y / Y Net Income Change - - 10875.5 % -60.09 % -92.99 %
Net Income (TTM) in million 152 152 151 1 2
Return On Assets (TTM) 957.37 % 858.95 % 735.72 % 1.75 % 1.65 %
NRACU's Total Ranking # 13 # 9 # 17 # 2055 # 2123
Total Assets (TTM) in million 19 19 5 20 26
Seq. Total Assets Change -0.05 % 269.54 % -74.52 % -23.35 % -14.05 %
Seq. Net Income Change - - 27114.8 % 361.1 % -



Return On Assets Company Ranking
Within: No.
Industry # 0
Sector # 2
Overall # 11

Return On Assets Statistics
High Average Low
753.39 %
207.33 %
0.53 %
(Jun 30 2024)   (Jun 30 2022)





Financial Statements
Noble Rock Acquisition's Assets $ 19 million NRACU's Balance sheet
Noble Rock Acquisition's Income $ 0 million Quarterly NRACU's Income Statement
NRACU's Income by Division See NRACU's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021

FY

FY
Y / Y Total Assets Change -97.9 % 1.2 % - - -
Total Assets in million 5 245 242 0 0
Y / Y Net Income Change 2605.28 % -11.13 % - - -
Net Income in million 227 8 9 0 0
Annual Return On Assets 4404.11 % 3.42 % 3.89 % - -




Comment on NRACU's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 4404.11 % compared to prior year, due to annual net income growth of 2605.28 % to $226.57 million, and due to decline of value in Noble Rock Acquisition's assets by -97.9 % to $5.14 million, compared to $5.14 a year before.


More Return On Assets Ratios
NRACU'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
NRACU'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 NRACU's Competitors
Subscribers only: Roa for Noble Rock Acquisition's Suppliers
Subscribers only: Return On Assets for NRACU's Customers

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



Companies with similar Return On Assets at Jun 30 2024, within Financial Sector ROA
American Bitcoin Corp   1,230.34 %
Noble Rock Acquisition Corp  753.39 %
Ceres Tactical Systematic L p   395.16 %
Ceres Orion L p   388.12 %
Managed Futures Premier Graham L p   300.96 %
Keen Vision Acquisition Corporation  270.43 %
Pyrophyte Acquisition Corp   233.43 %
Invesco Db Energy Fund  229.18 %
Invesco Db Agriculture Fund  226.72 %
Invesco Db Oil Fund  222.28 %
Invesco Db Commodity Index Tracking Fund  213.76 %
Duet Acquisition Corp   212.04 %
Invesco Db Precious Metals Fund  211.19 %
Invesco Db Us Dollar Index Bullish Fund  208.55 %


Date modified: 2026-09-26T07:40:01+00:00


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