Canna-Global Acquisition Corp

Canna-Global Acquisition Corpverified

CNGL

Price:

$10.71

Market Cap:

$90.46M

Canna-Global Acquisition Corp intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on identify and acquiring a business in the cannabis sector. The company was incorporated in 2021 and is based in Marina Del Rey, California.[Read more]

Industry

Shell Companies

IPO Date

2022-01-21

Stock Exchange

NASDAQ

Ticker

CNGL

The ROE as of December 2024 (TTM) for Canna-Global Acquisition Corp (CNGL) is -5.18%

According to Canna-Global Acquisition Corp’s latest financial reports and current stock price. The company's current ROE is -5.18%. This represents a change of 59.15% compared to the average of -3.25% of the last 4 quarters.

Canna-Global Acquisition Corp (CNGL) Historical ROE (quarterly & annually)

How has CNGL ROE performed in the past?

The mean historical ROE of Canna-Global Acquisition Corp over the last ten years is -8.11%. The current -5.18% ROE has changed -36.19% with respect to the historical average. Over the past ten years (40 quarters), CNGL's ROE was at its highest in in the December 2022 quarter at 1.90%. The ROE was at its lowest in in the March 2024 quarter at -12.45%.

Quarterly (TTM)
Annual

Average

-8.11%

Median

-0.15%

Minimum

-31.75%

Maximum

7.57%

Canna-Global Acquisition Corp (CNGL) ROE by Quarter and Year

Discovering the peaks and valleys of Canna-Global 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 = 7.57%

Minimum Annual Increase = -5008.42%

Minimum Annual ROE = -31.75%

Quarterly (TTM)
Annual
YearROEChange
2023-31.75%-519.56%
20227.57%-5008.42%

Canna-Global Acquisition Corp (CNGL) Average ROE

How has CNGL ROE performed in the past?

The current ROE of Canna-Global Acquisition Corp (CNGL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-8.11%

5-year avg

-8.11%

10-year avg

-8.11%

Canna-Global Acquisition Corp (CNGL) ROE vs. Peers

How is CNGL’s ROE compared to its peers?

Canna-Global Acquisition Corp’s ROE is less than Sound Point Acquisition Corp I, Ltd (0%), less than Jupiter Acquisition Corporation (25.92%), greater than Western Acquisition Ventures Corp. (-3.77%), less than XPAC Acquisition Corp. (258.99%), less than Newcourt Acquisition Corp (2.74%), less than null (69.82%),

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