What is Valuence Merger I's ROA in the fourth quarter of 2024?
Valuence Merger Corp I achieved a return on average assets (ROA) of
7.09 % in its fourth quarter of 2024, this is above VMCAU's average return on assets of 3.72%.
Valuence Merger Corp I assets over the 12 months ending in its fourth quarter of 2024 are valued at $34 million
ROA has improved compared to 4.56% in the third quarter of 2024, due to net income growth.
However, within the
Financial sector 85 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2024 quarter, so far to
823, from total ROA ranking in the third quarter of 2024 at
1189.
What is ROA?