Ocean Historical Income Statement
OCEAW Stock | 0.04 0.0007 1.82% |
Historical analysis of Ocean Biomedical income statement accounts such as Other Operating Expenses of 2.7 M can show how well Ocean Biomedical performed in making a profits. Evaluating Ocean Biomedical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ocean Biomedical's future profits or losses.
Ocean Biomedical Net Income |
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Ocean |
About Ocean Income Statement Analysis
Ocean Biomedical Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ocean Biomedical shareholders. The income statement also shows Ocean investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ocean Biomedical Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ocean Biomedical. It is also known as Ocean Biomedical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ocean Biomedical financial statement analysis. It represents the amount of money remaining after all of Ocean Biomedical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Ocean Biomedical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ocean Biomedical current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.At this time, Ocean Biomedical's Depreciation And Amortization is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 34.3 M in 2024, whereas Operating Income is likely to drop (2.3 M) in 2024.
2010 | 2023 | 2024 (projected) | Interest Income | 1.5M | 1.4M | 1.2M | Net Interest Income | 1.5M | 1.4M | 1.2M |
Ocean Biomedical income statement Correlations
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Ocean Biomedical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ocean Stock Analysis
When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.