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Pivotal Investment Corp Iii  (PICCU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial


Pivotal Investment Iii's ROA from the first quarter of 2023 to the first quarter of 2022 and 5 Year Period

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


What is Pivotal Investment Iii's ROA in the first quarter of 2023?
Pivotal Investment Corp Iii achieved a return on average assets (ROA) of 2.63 % in its first quarter of 2023, which is below Pivotal Investment Iii's average return on assets, which stands at 3.58%.

ROA decreased relative to the period ending Dec 31 2022, due to the decline in net income.

However, within the Financial sector 199 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Mar 31 2023 quarter, so far to 1409, from total ROA ranking in the fourth quarter of 2022 at 1524.

What is ROA?


Return On Assets (Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
Y / Y Total Assets Change -85.04 % 101.5 % 0.27 % -0.17 % -0.3 %
Y / Y Net Income Change - - -56.03 % -30.79 % -
Net Income (TTM) in million 8 13 9 12 14
Return On Assets (TTM) 2.63 % 3.77 % 3.42 % 4.24 % 4.98 %
PICCU's Total Ranking # 1409 # 1524 # 1610 # 1631 # 1423
Total Assets (TTM) in million 41 558 278 277 277
Seq. Total Assets Change -92.58 % 100.78 % 0.37 % 0.07 % -0.08 %
Seq. Net Income Change - -31.31 % -61.29 % -15.29 % -



Return On Assets Company Ranking
Within: No.
Industry # 62
Sector # 200
Overall # 1407

Return On Assets Statistics
High Average Low
4.98 %
3.58 %
0.56 %
  (Dec 31 2021)


Financial Statements
Pivotal Investment Iii's Assets $ 41 million PICCU's Balance sheet
Pivotal Investment Iii's Income $ 0 million Quarterly PICCU's Income Statement
PICCU's Income by Division See PICCU's Income by Division



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

FY

FY

FY
Y / Y Total Assets Change 101.5 % - - - -
Total Assets in million 558 277 0 0 0
Y / Y Net Income Change 745.97 % - - - -
Net Income in million 13 2 0 0 0
Return On Assets 2.34 % 0.56 % - - -




Comment on PICCU's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 2.34 % compared to prior year, due to annual net income growth of 745.97 % to $13.08 million, while value of Pivotal Investment Iii's overall assets grew just by 101.5 % to $557.70 million, compared to $557.70 a year before.


More Return On Assets Ratios
PICCU'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
PICCU's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for PICCU's Competitors
Roa for Pivotal Investment Iii's Suppliers
Return On Assets for PICCU's Customers

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



Companies with similar Return On Assets at Mar 31 2023, within Financial Sector ROA
Ltc Properties Inc  7.16 %
Gaming And Leisure Properties inc   7.09 %
Manhattan Bridge Capital Inc   6.83 %
Creditriskmonitor com Inc   6.77 %
Host Hotels and Resorts Inc   6.70 %
Molina Healthcare Inc   6.70 %
Lamar Advertising Co  6.63 %
Camden Property Trust  6.63 %
Assetmark Financial Holdings Inc   6.53 %
Alpine Income Property Trust Inc   6.48 %
Humana Inc  6.37 %
Altimar Acquisition Corp Iii  6.35 %
Cc Neuberger Principal Holdings Iii  6.14 %
Pmv Consumer Acquisition Corp   6.07 %
Kinsale Capital Group Inc   6.04 %
Credit Acceptance Corp  6.03 %
Mid america Apartment Communities Inc   6.02 %
Elevance Health Inc   5.99 %
Bridge Investment Group Holdings Inc   5.96 %
Apeiron Capital Investment Corp   5.94 %
Tradeweb Markets Inc   5.92 %
Enova International Inc   5.72 %
Sound Point Acquisition Corp I Ltd  5.72 %
Investors Title Co  5.72 %
Forum Merger Iv Corp  5.64 %
American Acquisition Opportunity Inc   5.62 %
Marygold Companies Inc   5.61 %
Ryman Hospitality Properties inc   5.56 %
Cubesmart  5.54 %
Equity Lifestyle Properties Inc   5.47 %


Date modified: 2023-05-25T20:47:14+00:00


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