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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Ocean Biomedical, Inc. quarterly/annual Return On Equity history and growth rate from 2022 to 2023.
- 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, Annual (%)
Return On Equity, YoY Annual Growth (%)