Ocean Operating Income from 2010 to 2024

OCEAW Stock   0.04  0  9.77%   
Ocean Biomedical Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about -10.7 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Ocean Biomedical generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
-10.2 M
Current Value
-10.7 M
Quarterly Volatility
16 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ocean Biomedical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Biomedical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Selling General Administrative of 10.4 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 3.44 or Days Sales Outstanding of 0.0. Ocean financial statements analysis is a perfect complement when working with Ocean Biomedical Valuation or Volatility modules.
  
Check out the analysis of Ocean Biomedical Correlation against competitors.
For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.

Latest Ocean Biomedical's Operating Income Growth Pattern

Below is the plot of the Operating Income of Ocean Biomedical over the last few years. Operating Income is the amount of profit realized from Ocean Biomedical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ocean Biomedical is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Ocean Biomedical's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Biomedical's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Ocean Operating Income Regression Statistics

Arithmetic Mean(5,982,489)
Coefficient Of Variation(267.25)
Mean Deviation8,711,498
Median(232,000)
Standard Deviation15,988,427
Sample Variance255.6T
Range62.1M
R-Value(0.40)
Mean Square Error231.9T
R-Squared0.16
Significance0.14
Slope(1,418,932)
Total Sum of Squares3578.8T

Ocean Operating Income History

2024-10.7 M
2023-10.2 M
2022-2.5 M
2021-62.3 M
2020-1.7 M

About Ocean Biomedical Financial Statements

Ocean Biomedical investors use historical fundamental indicators, such as Ocean Biomedical's Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ocean Biomedical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income-10.2 M-10.7 M

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Additional Tools for Ocean Stock Analysis

When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.