-
Taxonomy & unit
-
ratio: %
-
Description
-
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
-
Summary
-
New Providence Acquisition Corp. II quarterly/annual Return On Assets history and growth rate from Q2 2022 to Q3 2024.
- New Providence Acquisition Corp. II Return On Assets for the quarter ending September 30, 2024 was 0.17 %, a 93.7% decline year-over-year.
- New Providence Acquisition Corp. II annual Return On Assets for 2023 was 3.12 %, a 389% increase from 2022.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)