Ocean Bio-Chem Liabilities 2024

Ocean Bio-Chem Liabilities

12.84 M USD

Ocean Bio-Chem Dividend yield

0.92 %

Ticker

OBCI

ISIN

US6746311066

WKN

884372

In 2024, Ocean Bio-Chem's total liabilities amounted to 12.84 M USD, a 0% difference from the 0 USD total liabilities 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.

Liabilities Details

Assessing Ocean Bio-Chem's Liabilities

Ocean Bio-Chem's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Ocean Bio-Chem's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Ocean Bio-Chem's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Ocean Bio-Chem's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Ocean Bio-Chem’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Ocean Bio-Chem Stock

What is the level of liabilities of Ocean Bio-Chem this year?

Ocean Bio-Chem has a debt balance of 12.84 M USD this year.

What were the liabilities of Ocean Bio-Chem compared to the previous year?

The liabilities of Ocean Bio-Chem have increased by 0% dropped compared to the previous year.

What are the consequences of high debt for investors of Ocean Bio-Chem?

High liabilities can pose a risk for investors of Ocean Bio-Chem, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Ocean Bio-Chem?

Low liabilities mean that Ocean Bio-Chem has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of Ocean Bio-Chem can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Ocean Bio-Chem can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of Ocean Bio-Chem include investments, acquisitions, operating costs, and sales development.

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

The liabilities of Ocean Bio-Chem are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Ocean Bio-Chem take to modify the liabilities?

To change its liabilities, Ocean Bio-Chem can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.