Return On Equity of OceanTech Acquisitions I Corp. from 31 Dec 2021 to 31 Mar 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
OceanTech Acquisitions I Corp. quarterly and annual Return On Equity in % history and change rate from 31 Dec 2021 to 31 Mar 2024.
  • OceanTech Acquisitions I Corp. Return On Equity for the quarter ending 31 Mar 2024 was 24%, a 41% decline year-over-year.
  • OceanTech Acquisitions I Corp. annual Return On Equity for 2023 was 21%.
  • OceanTech Acquisitions I Corp. annual Return On Equity for 2022 was -24%, a 19% increase from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

OceanTech Acquisitions I Corp. Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q1 2024 24% -17% -41% 01 Jan 2024 31 Mar 2024
Q4 2023 21% +45% 01 Oct 2023 31 Dec 2023
Q3 2023 13% -5% -26% 01 Jul 2023 30 Sep 2023
Q2 2023 9% +59% 01 Apr 2023 30 Jun 2023
Q1 2023 41% +103% 01 Jan 2023 31 Mar 2023
Q4 2022 -24% +6% +19% 01 Oct 2022 31 Dec 2022
Q3 2022 17% 01 Jul 2022 30 Sep 2022
Q2 2022 -50% 01 Apr 2022 30 Jun 2022
Q1 2022 -62% 01 Jan 2022 31 Mar 2022
Q4 2021 -30% 01 Oct 2021 31 Dec 2021

OceanTech Acquisitions I Corp. Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2023 21% +45% 01 Jan 2023 31 Dec 2023
2022 -24% +6% +19% 01 Jan 2022 31 Dec 2022
2021 -30% 03 Feb 2021 31 Dec 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.