OCA Acquisition Corp Cash Flow Conversion Efficiency
OCA Acquisition Corp 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.
Cash Flow Conversion Efficiency of OCA Acquisition Corp (2020–2023)
Cash flow conversion efficiency of OCA Acquisition Corp from 2020 to 2023. This chart illustrates how OCA Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View OCA Acquisition Corp (OCAX) stock price for real-time trading data and today's change.
OCA Acquisition Corp Cash Flow Conversion Ratio Explained
OCA Acquisition Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see OCAX market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CANEX Metals Inc
V:CANX
|
0.005x |
|
Enegex Ltd
AU:ENX
|
-0.061x |
|
Acanthe Développement
PA:ACAN
|
-0.049x |
|
JR HOLDING SA BC ZY -10
F:8JA
|
0.000x |
|
Pembangunan Jaya Ancol Tbk
JK:PJAA
|
-0.005x |
|
Meditera Tibbi Malzeme Sanayi ve Ticaret AS
IS:MEDTR
|
0.057x |
|
Lite Strategy, Inc.
NASDAQ:LITS
|
-0.040x |
|
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. Review OCA Acquisition Corp financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| 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.