OceanTech Acquisitions I Corp. Quarterly Return On Equity in % from Q4 2021 to Q1 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
OceanTech Acquisitions I Corp. quarterly/annual Return On Equity history and growth rate from Q4 2021 to Q1 2024.
  • OceanTech Acquisitions I Corp. Return On Equity for the quarter ending March 31, 2024 was 24.3 %, a 40.9% decline year-over-year.
  • OceanTech Acquisitions I Corp. annual Return On Equity for 2023 was 21.1 %.
  • OceanTech Acquisitions I Corp. annual Return On Equity for 2022 was -23.8 %, a 19.4% increase from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q1 2024 24.3 -16.8 -40.9% Jan 1, 2024 Mar 31, 2024
Q4 2023 21.1 +44.9 Oct 1, 2023 Dec 31, 2023
Q3 2023 12.6 -4.5 -26.3% Jul 1, 2023 Sep 30, 2023
Q2 2023 9.15 +58.9 Apr 1, 2023 Jun 30, 2023
Q1 2023 41.1 +103 Jan 1, 2023 Mar 31, 2023
Q4 2022 -23.8 +5.71 +19.4% Oct 1, 2022 Dec 31, 2022
Q3 2022 17.1 Jul 1, 2022 Sep 30, 2022
Q2 2022 -49.8 Apr 1, 2022 Jun 30, 2022
Q1 2022 -62.2 Jan 1, 2022 Mar 31, 2022
Q4 2021 -29.5 Oct 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.