What is Opal Fuels Inc 's ROA in the fourth quarter of 2023?
Opal Fuels Inc achieved a return on average assets (ROA) of
25.98 % in its fourth quarter of 2023, this is above OPAL's average return on assets of 6.79%.
Opal Fuels Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $489 million
ROA fell compared to the third quarter of 2023, despite the net income growth of 8751.54% from the third quarter of 2023.
However, within the
Utilities sector 3 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
136, from total ROA ranking in the third quarter of 2023 at
214.
What is ROA?