-
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 (%)