INSU Acquisition II Ret. on assets
What is the Ret. on assets of INSU Acquisition II?
The Ret. on assets of INSU Acquisition Corp. II is -33.22%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Finance sector on NASDAQ compared to INSU Acquisition II
What does INSU Acquisition II do?
Insight Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on business in the FinTech, wealth, asset, investment management, and insurance tech sectors. Insight Acquisition Corp. was incorporated in 2021 and is based in New York, New York.
Companies with ret. on assets similar to INSU Acquisition II
- Invion has Ret. on assets of -33.34%
- Inno-Tech has Ret. on assets of -33.28%
- Nvoi has Ret. on assets of -33.28%
- Alco has Ret. on assets of -33.28%
- Idera Pharmaceuticals has Ret. on assets of -33.27%
- Morphosys AG has Ret. on assets of -33.23%
- INSU Acquisition II has Ret. on assets of -33.22%
- New Metals has Ret. on assets of -33.17%
- Gracell Biotechnologies has Ret. on assets of -33.17%
- Gridsum Inc has Ret. on assets of -33.14%
- Emgold Mining has Ret. on assets of -33.14%
- China Development Bank International Investment has Ret. on assets of -33.14%
- windeln.de SE has Ret. on assets of -33.11%