Ocean Bio-Chem ROA 2024

Ocean Bio-Chem ROA

0.14

Ocean Bio-Chem Dividend yield

0.92 %

Ticker

OBCI

ISIN

US6746311066

WKN

884372

In 2024, Ocean Bio-Chem's return on assets (ROA) was 0.14, a 0% increase from the 0 ROA in the previous year.

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.

ROA Details

Understanding Ocean Bio-Chem's Return on Assets (ROA)

Ocean Bio-Chem's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Ocean Bio-Chem's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Ocean Bio-Chem's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Ocean Bio-Chem’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Ocean Bio-Chem Stock

What is the Return on Assets (ROA) of Ocean Bio-Chem this year?

The Return on Assets (ROA) of Ocean Bio-Chem is 0.14 undefined this year.

What was the ROA of Ocean Bio-Chem compared to the previous year?

The ROA of Ocean Bio-Chem has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of Ocean Bio-Chem?

A high ROA is advantageous for investors of Ocean Bio-Chem, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Ocean Bio-Chem?

A low ROA can be unfavorable for investors of Ocean Bio-Chem as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Ocean Bio-Chem affect the company?

An increase in ROA of Ocean Bio-Chem can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ocean Bio-Chem impact the company?

A reduction in the ROA of Ocean Bio-Chem can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ocean Bio-Chem?

Some factors that can influence the ROA of Ocean Bio-Chem include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ocean Bio-Chem important for investors?

The ROA of Ocean Bio-Chem is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Ocean Bio-Chem take to improve ROA?

To improve ROA, Ocean Bio-Chem can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.