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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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OceanTech Acquisitions I Corp. quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
- OceanTech Acquisitions I Corp. Return On Assets for the quarter ending March 31, 2024 was -29.9 %, a 431% decline year-over-year.
- OceanTech Acquisitions I Corp. annual Return On Assets for 2023 was -18.6 %, a 897% decline from 2022.
- OceanTech Acquisitions I Corp. annual Return On Assets for 2022 was 2.34 %, a 35.5% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)