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Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) ROE % : 1.79% (As of Sep. 2023)


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What is Acropolis Infrastructure Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Sep. 2023 was $63.12 Mil. Therefore, Acropolis Infrastructure Acquisition's annualized ROE % for the quarter that ended in Sep. 2023 was 1.79%.

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

ACRO' s ROE % Range Over the Past 10 Years
Min: -0.8   Med: -0.37   Max: 2.93
Current: 2.93

During the past 3 years, Acropolis Infrastructure Acquisition's highest ROE % was 2.93%. The lowest was -0.80%. And the median was -0.37%.

ACRO's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.42 vs ACRO: 2.93

Acropolis Infrastructure Acquisition ROE % Historical Data

The historical data trend for Acropolis Infrastructure Acquisition's ROE % 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 ROE % Chart

Acropolis Infrastructure Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROE %
- -0.80 0.06

Acropolis Infrastructure Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 0.57 4.04 4.96 1.79

Competitive Comparison of Acropolis Infrastructure Acquisition's ROE %

For the Shell Companies subindustry, Acropolis Infrastructure Acquisition's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Diversified Financial Services Industry

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

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



Acropolis Infrastructure Acquisition ROE % Calculation

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

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0.205/( (332.104+332.309)/ 2 )
=0.205/332.2065
=0.06 %

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

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=1.128/( (62.975+63.257)/ 2 )
=1.128/63.116
=1.79 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.


Acropolis Infrastructure Acquisition  (NYSE:ACRO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=1.128/63.116
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.128 / 0)*(0 / 83.282)*(83.282 / 63.116)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.3195
=ROA %*Equity Multiplier
=N/A %*1.3195
=1.79 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=1.128/63.116
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.128 / 1.98) * (1.98 / -2.28) * (-2.28 / 0) * (0 / 83.282) * (83.282 / 63.116)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5697 * -0.8684 * N/A % * 0 * 1.3195
=1.79 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Acropolis Infrastructure Acquisition ROE % 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

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Headlines