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Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) ROA % : 1.35% (As of Sep. 2023)


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What is Acropolis Infrastructure Acquisition ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Acropolis Infrastructure Acquisition's annualized Net Income for the quarter that ended in Sep. 2023 was $1.13 Mil. Acropolis Infrastructure Acquisition's average Total Assets over the quarter that ended in Sep. 2023 was $83.28 Mil. Therefore, Acropolis Infrastructure Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was 1.35%.

The historical rank and industry rank for Acropolis Infrastructure Acquisition's ROA % or its related term are showing as below:

ACRO' s ROA % Range Over the Past 10 Years
Min: -0.77   Med: -0.36   Max: 2.71
Current: 2.71

During the past 3 years, Acropolis Infrastructure Acquisition's highest ROA % was 2.71%. The lowest was -0.77%. And the median was -0.36%.

ACRO's ROA % is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.8 vs ACRO: 2.71

Acropolis Infrastructure Acquisition ROA % Historical Data

The historical data trend for Acropolis Infrastructure Acquisition's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Acropolis Infrastructure Acquisition ROA % Chart

Acropolis Infrastructure Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROA %
- -0.77 0.06

Acropolis Infrastructure Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 0.54 3.85 4.54 1.35

Competitive Comparison of Acropolis Infrastructure Acquisition's ROA %

For the Shell Companies subindustry, Acropolis Infrastructure Acquisition's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acropolis Infrastructure Acquisition's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Acropolis Infrastructure Acquisition's ROA % distribution charts can be found below:

* The bar in red indicates where Acropolis Infrastructure Acquisition's ROA % falls into.



Acropolis Infrastructure Acquisition ROA % Calculation

Acropolis Infrastructure Acquisition's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.205/( (346.735+348.536)/ 2 )
=0.205/347.6355
=0.06 %

Acropolis Infrastructure Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.128/( (82.63+83.934)/ 2 )
=1.128/83.282
=1.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Acropolis Infrastructure Acquisition  (NYSE:ACRO) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=1.128/83.282
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.128 / 0)*(0 / 83.282)
=Net Margin %*Asset Turnover
=N/A %*0
=1.35 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Acropolis Infrastructure Acquisition ROA % Related Terms

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Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Acropolis Infrastructure Acquisition Corp is a blank check company.
Executives
Sanjay H Patel director, officer: Chief Executive Officer C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, NEW YORK NY 10019
Ian Deason director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Principal Holdings Iii, L.p. 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Curtis A Morgan director 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Theresa Wise director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Geoffrey Strong director, officer: Chief Executive Officer C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Crossen officer: CFO, CAO and Secretary 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Ap Caps Ii Holdings Gp, Llc 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN E9 KY1-9008
Acropolis Infrastructure Acquisition Sponsor L.p. 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Dylan Foo director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
David Jonathan Small director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

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