Ocean Bio-Chem ROCE 2024

Ocean Bio-Chem ROCE

0.23

Ocean Bio-Chem Dividend yield

Ticker

OBCI

ISIN

US6746311066

WKN

884372

In 2024, Ocean Bio-Chem's return on capital employed (ROCE) was 0.23, a 0% increase from the 0 ROCE 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.

ROCE Details

Unraveling Ocean Bio-Chem's Return on Capital Employed (ROCE)

Ocean Bio-Chem's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Ocean Bio-Chem's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Ocean Bio-Chem's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Ocean Bio-Chem’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Ocean Bio-Chem Stock

What is the ROCE (Return on Capital Employed) of Ocean Bio-Chem this year?

The ROCE of Ocean Bio-Chem is 0.23 undefined this year.

How has the ROCE (Return on Capital Employed) of Ocean Bio-Chem developed compared to the previous year?

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

What does a high ROCE (Return on Capital Employed) mean for investors of Ocean Bio-Chem?

A high Return on Capital Employed (ROCE) indicates that Ocean Bio-Chem has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Ocean Bio-Chem?

A low ROCE (Return on Capital Employed) can indicate that Ocean Bio-Chem has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Ocean Bio-Chem impact the company?

An increase in the ROCE of Ocean Bio-Chem can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Ocean Bio-Chem affect the company?

A decrease in ROCE of Ocean Bio-Chem can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Ocean Bio-Chem's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Ocean Bio-Chem is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

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

To improve the ROCE, Ocean Bio-Chem can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Ocean Bio-Chem pay?

Over the past 12 months, Ocean Bio-Chem paid a dividend of . This corresponds to a dividend yield of about . 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 .

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.