Ocean Biomedical, Inc. Quarterly Return On Equity in % from Q4 2022 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
Ocean Biomedical, Inc. quarterly/annual Return On Equity history and growth rate from Q4 2022 to Q1 2024.
  • Ocean Biomedical, Inc. Return On Equity for the quarter ending March 31, 2024 was 38.7 %, a 90.2% decline year-over-year.
  • Ocean Biomedical, Inc. annual Return On Equity for 2023 was 162 %, a 12% decline from 2022.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q1 2024 38.7 -357 -90.2% Jan 1, 2024 Mar 31, 2024
Q4 2023 162 -22.1 -12% Oct 1, 2023 Dec 31, 2023
Q3 2023 195 Jul 1, 2023 Sep 30, 2023
Q2 2023 257 Apr 1, 2023 Jun 30, 2023
Q1 2023 396 Jan 1, 2023 Mar 31, 2023
Q4 2022 184 Oct 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.