Ocean Return On Equity from 2010 to 2024

OCEAW Stock   0.04  0  9.77%   
Ocean Biomedical Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.01 in 2024. Return On Equity is a measure of the profitability of Ocean Biomedical in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.006235
Current Value
0.005923
Quarterly Volatility
2.26639872
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Ocean Biomedical over the last few years. Return on Equity is the amount of Ocean Biomedical net income returned as a percentage of Ocean Biomedical equity. Return on equity measures Ocean Biomedical profitability by revealing how much profit Ocean Biomedical generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Ocean Biomedical's Return On Equity 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.
ViewLast Reported 0.010 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Ocean Return On Equity Regression Statistics

Arithmetic Mean1.27
Geometric Mean0.38
Coefficient Of Variation178.72
Mean Deviation1.08
Median0.88
Standard Deviation2.27
Sample Variance5.14
Range9.3527
R-Value0.13
Mean Square Error5.44
R-Squared0.02
Significance0.65
Slope0.07
Total Sum of Squares71.91

Ocean Return On Equity History

2024 0.005923
2023 0.006235
2022 0.005422
2021 9.36

About Ocean Biomedical Financial Statements

Ocean Biomedical investors use historical fundamental indicators, such as Ocean Biomedical's Return On Equity, 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
Return On Equity 0.01  0.01 

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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.