Hennessy Capital Investment VIIIHCICU 13 ROA % is 1.19% as of Mar. 2026. GuruFocus rates HCICU with a GF Score™ of 13/100. Among 565 Diversified Financial Services companies, Hennessy Capital Investment VIII ranks worse than 53.45% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hennessy Capital Investment VIII's annualizedNet Income for the quarter that ended in Mar. 2026 was $2.90 Mil.
Hennessy Capital Investment VIII's average Total Assets over the quarter that ended in Mar. 2026 was $121.94 Mil. Therefore, Hennessy Capital Investment VIII's annualized ROA % for the quarter that ended in Mar. 2026 was 1.19%.
HCICU'
s ROA % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.58
Current: 0.58
During the past 1 years, Hennessy Capital Investment VIII's highest ROA % was 0.58%. The lowest was 0.00%. And the median was 0.00%.
HCICU's ROA % is ranked worse than 53.45% of 565
companies
in the Diversified Financial Services industry
Industry Median: 0.9
vs HCICU: 0.58
Hennessy Capital Investment VIII (NAS:HCICU) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Hennessy Capital Investment VIII ROA % Related Terms
Hennessy Capital Investment VIII ROA % Historical 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.
Hennessy Capital Investment VIII ROA % Chart
Hennessy Capital Investment VIII Annual Data
Trend
Dec25
ROA %
0.00
Hennessy Capital Investment VIII Quarterly Data
Oct25
Mar26
ROA %
-43.64
1.19
HCICU vs SOUL, TLNC, ARCI: ROA % Comparison
For the Shell Companies subindustry, Hennessy Capital Investment VIII'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.
Hennessy Capital Investment VIII ROA % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Hennessy Capital Investment VIII's ROA % distribution charts can be found below:
* The bar in red indicates where Hennessy Capital Investment VIII's ROA % falls into.
* 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Hennessy Capital Investment VIII (HCICU) has a ROA % of 1.19% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hennessy Capital Investment VIII and its competitors. According to the industry distribution chart, Hennessy Capital Investment VIII ranks #302 out of 565 companies in the Diversified Financial Services industry, placing it in the top 53.5%.
Is Hennessy Capital Investment VIII's ROA % too high?
Hennessy Capital Investment VIII's current ROA % is 1.19%. The Diversified Financial Services industry median ROA % is 0.90. Hennessy Capital Investment VIII's value of 1.19% is 32.2% above this industry median. Based on the distribution chart, Hennessy Capital Investment VIII ranks #302 out of 565 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Hennessy Capital Investment VIII has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hennessy Capital Investment VIII's ROA % compare to SOUL and TLNC?
According to the Diversified Financial Services industry distribution chart, Hennessy Capital Investment VIII ranks #302 out of 565 companies for ROA %. This places Hennessy Capital Investment VIII in the lower half of its industry. The industry median ROA % is 0.90. Hennessy Capital Investment VIII's value of 1.19% is 32.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.90, based on 565 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hennessy Capital Investment VIII's current ROA % of 1.19% is 32.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hennessy Capital Investment VIII and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hennessy Capital Investment VIII's current ROA % is 1.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennessy Capital Investment VIII stock overvalued right now?
Hennessy Capital Investment VIII (HCICU) has a current ROA % of 1.19%. The current ROA % is 1.19% and 32.2% above the Diversified Financial Services industry median of 0.90. Hennessy Capital Investment VIII's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Hennessy Capital Investment VIII (HCICU), the current ROA % is 1.19% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Hennessy Capital Investment VIII Business Description
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