Ocean Bio-Chem

Ocean Bio-Chem ROA

Delisted

The Return on Assets (ROA) of Ocean Bio-Chem (OBCI) as of Nov 7, 2026 is 13.94 %. In the previous year, Return on Assets (ROA) was 20.08 % — a change of -30.56% (lower).

ROA

13.94 %

YoY

-30.56%

Last updated:

In 2021, Ocean Bio-Chem's return on assets (ROA) was 13.94 %, a -30.56% increase from the 20.08 % ROA in the previous year.

The Ocean Bio-Chem ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2014
8.54 USD
Jan 1, 2015
1.92 USD
Jan 1, 2016
8.16 USD
Jan 1, 2017
8.14 USD
Jan 1, 2018
7.93 USD
Jan 1, 2019
9.14 USD
Jan 1, 2020
20.08 USD
Jan 1, 2021
13.94 USD
The Ocean Bio-Chem ROA history
YEARROAYoY
13.94 %-30.56%
20.08 %+119.71%
9.14 %+15.19%
7.93 %-2.52%
8.14 %-0.29%
8.16 %+324.99%
1.92 %-77.51%
8.54 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Ocean Bio-Chem Stock analysis

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 is one of the most popular companies on Eulerpool.

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

Return on Assets (ROA) of Ocean Bio-Chem is 13.94 % in 2021.

Return on Assets (ROA) of Ocean Bio-Chem changed from 20.08 % to 13.94 %, representing a -30.56% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Ocean Bio-Chem since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Ocean Bio-Chem with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Ocean Bio-Chem

All Key Metrics — Ocean Bio-Chem