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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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Ocean Biomedical, Inc. quarterly/annual Return On Assets history and growth rate from Q4 2022 to Q1 2024.
- Ocean Biomedical, Inc. Return On Assets for the quarter ending March 31, 2024 was -1.01K %, a 560% decline year-over-year.
- Ocean Biomedical, Inc. annual Return On Assets for 2023 was -5.09K %, a 23925% decline from 2022.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)