How much did Ocean Bio-Chem achieve in EBIT for the current year?
In the current year, Ocean Bio-Chem has achieved an EBIT of 10.86 M USD.
Ocean Bio-Chem EBIT 2024
Ocean Bio-Chem EBIT
10.86 M USD
Ocean Bio-Chem Dividend yield
0.92 %
Ticker
OBCI
ISIN
US6746311066
WKN
884372
In 2024, Ocean Bio-Chem's EBIT was 10.86 M USD, a -10.7% increase from the 12.16 M USD EBIT recorded in the previous year.
The Ocean Bio-Chem EBIT history
| YEAR | EBIT (undefined USD) |
|---|---|
| 2021 | 10.86 |
| 2020 | 12.16 |
| 2019 | 4.61 |
| 2018 | 3.71 |
| 2017 | 3.68 |
| 2016 | 3.1 |
| 2015 | 0.75 |
| 2014 | 3.02 |
| 2013 | 2.31 |
| 2012 | 3.08 |
| 2011 | 3.71 |
| 2010 | 3.25 |
| 2009 | 1.99 |
| 2008 | 0.68 |
| 2007 | 1.27 |
| 2006 | 1.05 |
| 2005 | -1.88 |
| 2004 | 0.43 |
| 2003 | 0.79 |
| 2002 | 0.57 |
Ocean Bio-Chem Aktienanalyse
What does Ocean Bio-Chem do?
Ocean Bio-Chem Inc. is an American company specializing in the development, manufacturing, and distribution of chemical products. The company is based in Fort Lauderdale, Florida and was founded in 1973. Its history began with the development of a product called "Starbrite," a cleaning solution for the marine industry. Since then, Ocean Bio-Chem Inc. has expanded its product range to serve the marine, automotive, RV, pool, household, and garden industries. The company has two divisions: Marine and Consumer. The Marine division offers a wide range of cleaning and care products for boats and ships, while the Consumer division provides products for various applications such as automotive care, household cleaning, and pest control. In recent years, Ocean Bio-Chem Inc. has added CBD products to its portfolio under the brand "PurWell." The company emphasizes quality and invests in research and development. It has established a strong market position in the United States and continues to expand internationally. Ocean Bio-Chem ist eines der beliebtesten Unternehmen auf Eulerpool.com.EBIT Details
Analyzing Ocean Bio-Chem's EBIT
Ocean Bio-Chem's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.
Year-to-Year Comparison
A yearly comparison of Ocean Bio-Chem's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.
Impact on Investments
Ocean Bio-Chem's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.
Interpreting EBIT Fluctuations
Fluctuations in Ocean Bio-Chem’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.
Frequently Asked Questions about Ocean Bio-Chem Stock
What is EBIT?
EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Ocean Bio-Chem.
How has the EBIT of Ocean Bio-Chem developed in recent years?
The EBIT of Ocean Bio-Chem has increased by -10.7% decreased compared to the previous year.
What does EBIT mean for investors?
EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.
Why is EBIT an important indicator for investors?
Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.
Why do EBIT values fluctuate?
EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.
What role does tax burden play in EBIT?
Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.
How is EBIT presented in the balance sheet of the company Ocean Bio-Chem?
The EBIT of Ocean Bio-Chem is listed in the income statement.
Can EBIT be used as a single indicator for evaluating a company?
EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.
Why is EBIT not equal to net profit?
The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.
How much dividend does Ocean Bio-Chem pay?
Over the past 12 months, Ocean Bio-Chem paid a dividend of 0.12 USD . This corresponds to a dividend yield of about 0.92 %. For the coming 12 months, Ocean Bio-Chem is expected to pay a dividend of 0.12 USD.
What is the dividend yield of Ocean Bio-Chem?
The current dividend yield of Ocean Bio-Chem is 0.92 %.
When does Ocean Bio-Chem pay dividends?
Ocean Bio-Chem pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of Ocean Bio-Chem?
Ocean Bio-Chem paid dividends every year for the past 6 years.
What is the dividend of Ocean Bio-Chem?
For the upcoming 12 months, dividends amounting to 0.12 USD are expected. This corresponds to a dividend yield of 0.92 %.
In which sector is Ocean Bio-Chem located?
Ocean Bio-Chem is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von Ocean Bio-Chem kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ocean Bio-Chem from 6/23/2022 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2022.
When did Ocean Bio-Chem pay the last dividend?
The last dividend was paid out on 6/23/2022.
What was the dividend of Ocean Bio-Chem in the year 2023?
In the year 2023, Ocean Bio-Chem distributed 0.06 USD as dividends.
In which currency does Ocean Bio-Chem pay out the dividend?
The dividends of Ocean Bio-Chem are distributed in USD.
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Andere Kennzahlen von Ocean Bio-Chem
Our stock analysis for Ocean Bio-Chem Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ocean Bio-Chem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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