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OceanTech Acquisitions I (OceanTech Acquisitions I) Profitability Rank : 2 (As of Dec. 2023)


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What is OceanTech Acquisitions I Profitability Rank?

OceanTech Acquisitions I has the Profitability Rank of 2. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

OceanTech Acquisitions I's Operating Margin % for the quarter that ended in Dec. 2023 was %. As of today, OceanTech Acquisitions I's Piotroski F-Score is 4.


Competitive Comparison of OceanTech Acquisitions I's Profitability Rank

For the Shell Companies subindustry, OceanTech Acquisitions I's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OceanTech Acquisitions I's Profitability Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's Profitability Rank distribution charts can be found below:

* The bar in red indicates where OceanTech Acquisitions I's Profitability Rank falls into.



OceanTech Acquisitions I Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

OceanTech Acquisitions I has the Profitability Rank of 2. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

OceanTech Acquisitions I's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.513 / 0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

OceanTech Acquisitions I has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


OceanTech Acquisitions I Profitability Rank Related Terms

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OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Traded in Other Exchanges
Address
515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022
Website
OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

OceanTech Acquisitions I (OceanTech Acquisitions I) Headlines

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OceanTech Acquisitions I Corp. Announces Redemption of Shares

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