OCA Acquisition Corp (OCAX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, OCA Acquisition Corp (OCAX) has a cash flow conversion efficiency ratio of -0.003x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-52.03K) by net assets ($18.33 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See OCA Acquisition Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
OCA Acquisition Corp - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how OCA Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
OCA Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of OCA Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Enegex Ltd
AU:ENX
|
-0.061x |
|
Bo Lak
KO:002760
|
0.038x |
|
Pacgold Ltd
AU:PGO
|
-0.032x |
|
RenovoRx Inc
NASDAQ:RNXT
|
-0.557x |
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
-0.026x |
|
Brand Group (M.G) Ltd
TA:BRND
|
0.030x |
|
American West Metals Ltd
AU:AW1
|
1.581x |
|
Touax SCA
PA:TOUP
|
0.021x |
Annual Cash Flow Conversion Efficiency for OCA Acquisition Corp (2020–2023)
The table below shows the annual cash flow conversion efficiency of OCA Acquisition Corp from 2020 to 2023. For the full company profile with market capitalisation and key ratios, see OCA Acquisition Corp (OCAX) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $28.07 Million | $-511.72K | -0.018x | -85.98% |
| 2022-12-31 | $145.71 Million | $-1.43 Million | -0.010x | +37.86% |
| 2021-12-31 | $138.31 Million | $-2.18 Million | -0.016x | +54.57% |
| 2020-12-31 | $23.73K | $-824.00 | -0.035x | -- |
About OCA Acquisition Corp
OCA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. OCA Acquisition Corp. is a subsidiary of OCA Acquisition Holdings LLC.