Industrial Tech Acquisitions Ii Inc asset turnover ratio, the ability of Industrial Tech Acquisitions Ii Inc 's assets to generate revenue in the second quarter 2023, increased sequentially to 0.03 in the second quarter (Jun 30 2023), a new company high.

Within sector 63 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2023 compared to the preceding quarter from 0 to 3955.

Asset Turnover Ratio Definition

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ITAQU Asset Turnover Ratio	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Y / Y Asset Change	-91.47 %	1.77 %	152417.49 %	-	-
Y / Y Revenue Change	99.87 %	183096.71 %	-	-	-
Asset Turnover Ratio (TTM)	0.03	0.02	0.01	0.01	0
ITAQU's Total Ranking	# 3955	# 0	# 3433	# 0	# 0
Seq. Asset Change	-91.62 %	-49.5 %	100.84 %	0.38 %	-0.04 %
Seq. Revenue Change	-73.76 %	27.14 %	86.18 %	221.76 %	23953.05 %

Asset Turnover Ratio Company Ranking
Within:	No.
Chemical Manufacturing Industry	# 64
Basic Materials Sector	# 239
Overall Market	# 3955

Asset Turnover Ratio Statistics
High	Average	Low
0.03	0.02	0.01
(Jun 30 2023)		(Dec 31 2022)

ITAQU Company Profile • Back to ITAQU Efficiency Comparisons • Compare ITAQU Asset Turnover Ratio to its Competitors

Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2023, within Basic Materials Sector	Asset Turnover Ratio	Revenues for 12 Months ending Jun 30 2023	Assets at quarter ending Jun 30 2023
International Paper Company	0.84	$ 20,282.000 Millions	$ 24,064.750 Millions
Janus International Group Inc	0.84	$ 1,062.196 Millions	$ 1,262.514 Millions
Smart Sand Inc	0.84	$ 302.547 Millions	$ 360.826 Millions
Pactiv Evergreen Inc	0.84	$ 5,942.000 Millions	$ 7,099.000 Millions
Ppg Industries Inc	0.83	$ 17,905.000 Millions	$ 21,481.750 Millions
Dow Inc	0.83	$ 49,245.000 Millions	$ 59,442.500 Millions
Flexible Solutions International Inc	0.82	$ 42.513 Millions	$ 51.534 Millions
Timken Co	0.82	$ 4,753.500 Millions	$ 5,789.650 Millions
The Chemours Company	0.82	$ 6,294.000 Millions	$ 7,667.250 Millions
Silgan Holdings Inc	0.82	$ 6,270.239 Millions	$ 7,660.153 Millions
Sealed Air Corp	0.81	$ 5,535.900 Millions	$ 6,792.600 Millions
Mercer International Inc	0.81	$ 2,168.399 Millions	$ 2,660.716 Millions
Circor International Inc	0.81	$ 821.794 Millions	$ 1,011.146 Millions
Aptargroup inc	0.80	$ 3,388.747 Millions	$ 4,220.110 Millions
Berry Global Group Inc	0.80	$ 13,303.000 Millions	$ 16,624.500 Millions
Nov Inc	0.79	$ 8,017.000 Millions	$ 10,129.750 Millions
Reynolds Consumer Products Inc	0.79	$ 3,869.000 Millions	$ 4,897.000 Millions
Fuller H B Co	0.79	$ 3,605.477 Millions	$ 4,565.289 Millions
Eagle Materials Inc	0.79	$ 2,188.203 Millions	$ 2,771.512 Millions
Rayonier Advanced Materials Inc	0.78	$ 1,817.720 Millions	$ 2,324.980 Millions
U s Silica Holdings Inc	0.78	$ 1,680.771 Millions	$ 2,153.366 Millions
Koil Energy Solutions Inc	0.77	$ 13.109 Millions	$ 17.042 Millions
Generac Holdings Inc	0.77	$ 4,024.821 Millions	$ 5,237.215 Millions
O i Glass Inc	0.77	$ 7,107.000 Millions	$ 9,260.250 Millions
Pure Bioscience Inc	0.76	$ 1.877 Millions	$ 2.470 Millions
Nano Magic Inc	0.76	$ 2.971 Millions	$ 3.910 Millions
Crane Nxt Co	0.76	$ 2,424.800 Millions	$ 3,198.200 Millions
Greenwave Technology Solutions Inc	0.76	$ 31.695 Millions	$ 41.966 Millions
Technipfmc Plc	0.75	$ 7,117.000 Millions	$ 9,428.475 Millions
Nwpx Infrastructure Inc	0.75	$ 444.390 Millions	$ 593.234 Millions

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