OceanTech Acquisitions I Corp. Annual Return On Assets in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 -18.6 -21 -897% Jan 1, 2023 Dec 31, 2023
2022 2.34 -1.29 -35.5% Jan 1, 2022 Dec 31, 2022
2021 3.63 Feb 3, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.