NLIT
Price:
$10.31
Market Cap:
$4.38M
Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-08-18
Stock Exchange
NASDAQ
Ticker
NLIT
According to Northern Lights Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 2.71%. This represents a change of 2.43% compared to the average of 107.10% of the last 4 quarters.
The mean historical ROE of Northern Lights Acquisition Corp. over the last ten years is -36.36%. The current 2.71% ROE has changed -7564.99% with respect to the historical average. Over the past ten years (40 quarters), NLIT's ROE was at its highest in in the March 2021 quarter at 3.67%. The ROE was at its lowest in in the December 2022 quarter at -724.06%.
Average
-36.36%
Median
44.79%
Minimum
-687.02%
Maximum
393.22%
Discovering the peaks and valleys of Northern Lights Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual ROE = 393.22%
Minimum Annual Increase = -1634.00%
Minimum Annual ROE = -687.02%
| Year | ROE | Change |
|---|---|---|
| 2024 | 393.22% | -881.80% |
| 2023 | -50.30% | -92.68% |
| 2022 | -687.02% | -1634.00% |
| 2021 | 44.79% | -61.88% |
The current ROE of Northern Lights Acquisition Corp. (NLIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-114.70%
5-year avg
-36.36%
10-year avg
-36.36%
Northern Lights Acquisition Corp.’s ROE is greater than Frontier Acquisition Corp. (0.85%), less than UTA Acquisition Corporation (0%), greater than FinTech Evolution Acquisition Group (3.52%), greater than Jaws Mustang Acquisition Corporation (-21.30%), greater than Corsair Partnering Corporation (10.45%), less than LDH Growth Corp I (0%), greater than Social Capital Suvretta Holdings Corp. II (2.59%), greater than Sculptor Acquisition Corp I (15.88%), greater than Waverley Capital Acquisition Corp. 1 (2.40%), greater than Zalatoris II Acquisition Corp. (0.92%),
| Company | ROE | Market cap |
|---|---|---|
| 0.85% | $299.10M | |
| 0% | $306.91M | |
| 3.52% | $348.80M | |
| -21.30% | $306.45M | |
| 10.45% | $308.38M | |
| 0% | $293.54M | |
| 2.59% | $330.22M | |
| 15.88% | $302.45M | |
| 2.40% | $280.14M | |
| 0.92% | $132.65M |
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