Ocean Biomedical, Inc. Annual Return On Assets in % from 2022 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
Ocean Biomedical, Inc. quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -5.09K -5.07K -23925% Jan 1, 2023 Dec 31, 2023
2022 -21.2 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.