Provident Acquisition (PAQC) Return on Assets ROA from the second quarter of 2022 to second quarter of 2021 and for the year 2022, Average High and Low, Fundamental Ratios from Jun 30 2022 to Jun 30 2021 - CSIMarket
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Provident Acquisition Corp.  (NASDAQ: PAQC)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology


Provident Acquisition's ROA from the second quarter of 2022 to the second quarter of 2021 and 5 Year Period

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


What is Provident Acquisition's ROA in the second quarter of 2022?
Provident Acquisition Corp. achieved a return on average assets (ROA) of 3.9 % in its second quarter of 2022, this is above PAQC's average return on assets of 3.6%.
Provident Acquisition Corp. assets over the 12 months ending in its second quarter of 2022 are valued at $231 million

ROA has improved compared to 2.31% in the first quarter of 2022, due to net income growth.

However, within the Technology sector 222 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2022 quarter, so far to 1805, from total ROA ranking in the first quarter of 2022 at 2161.

What is ROA?



Return On Assets (Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
Y / Y Total Assets Change -0.08 % -0.37 % 67911.55 % - -
Y / Y Net Income Change 711.18 % -83.07 % - - -
Net Income (TTM) in million 9 5 11 10 7
Return On Assets (TTM) 3.9 % 2.31 % 4.59 % 5.94 % 5.93 %
PAQC's Total Ranking # 1805 # 2161 # 1802 # #
Total Assets (TTM) in million 231 231 231 231 231
Seq. Total Assets Change 0.22 % -0.14 % -0.08 % -0.09 % -0.06 %
Seq. Net Income Change 289.28 % 260.72 % -91.34 % 566.87 % -91.87 %



Return On Assets Company Ranking
Within: No.
Industry # 51
Sector # 223
Overall # 1774

Return On Assets Statistics
High Average Low
4.59 %
3.6 %
2.31 %
(Dec 31 2021)   (Mar 31 2022)





Financial Statements
Provident Acquisition's Assets $ 231 million PAQC's Balance sheet
Provident Acquisition's Income $ 4 million Quarterly PAQC's Income Statement
PAQC's Income by Division See PAQC's Income by Division



Annual Return On Assets (Dec 31 2021)
FY 2021

FY

FY

FY

FY
Y / Y Total Assets Change - - - - -
Total Assets in million 231 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 11 0 0 0 0
Annual Return On Assets 4.59 % - - - -




Comment on PAQC's ROA in the fiscal year ending 2021
In the fiscal year 2021 ROA improved to 4.59 % compared to prior year, due to annual net income growth of % to $10.60 million, while value of Provident Acquisition's overall assets grew just by % to $230.83 million, compared to $230.83 a year before.


More Return On Assets Ratios
PAQC's' Return on Assets at Yahoo Finance
Software & Programming Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
PAQC's Roa Ratio versus Software & Programming Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for PAQC's Competitors
Subscribers only: Roa for Provident Acquisition's Suppliers
Subscribers only: Return On Assets for PAQC's Customers

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



Companies with similar Return On Assets at Jun 30 2022, within Technology Sector ROA
Epam Systems Inc   10.59 %
Playtika Holding Corp   10.59 %
Pubmatic Inc   10.57 %
Gartner Inc   10.51 %
Super Micro Computer Inc   10.42 %
Sonos Inc   10.34 %
Formfactor inc   10.32 %
Ziprecruiter Inc   10.29 %
Motorola Solutions inc   10.29 %
Veeva Systems Inc   10.28 %
Hubbell Inc  10.22 %
Inspired Entertainment Inc   10.18 %
Netapp Inc   9.95 %
Vishay Intertechnology Inc   9.94 %
Intuit Inc   9.54 %
Microchip Technology Incorporated  9.46 %
Shutterstock inc   9.46 %
Maxlinear Inc   9.40 %
Ametek Inc   9.21 %
Enphase Energy Inc   9.02 %
Perficient Inc   8.78 %
Ipg Photonics Corp  8.57 %
Sitime Corporation  8.53 %
Thermo Fisher Scientific Inc   8.46 %
Carecloud Inc   8.30 %
Black Knight inc   8.21 %
Computer Task Group Incorporated  8.13 %
Qorvo Inc   8.06 %
Osi Systems inc   8.05 %
Simulations Plus Inc   7.95 %


Date modified: 2026-09-26T07:39:22+00:00


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