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 how leveraged is OCA Acquisition Corp's balance sheet to measure how much of total assets are equity-financed.
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. Check how high is OCA Acquisition Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TSI Co. Ltd.
KQ:277880
|
-0.104x |
|
Kaonmedia Co Ltd
KQ:078890
|
0.033x |
|
Vissem Electronics Co. Ltd
KQ:072950
|
0.023x |
|
Enegex Ltd
AU:ENX
|
-0.061x |
|
Touax SCA
PA:TOUP
|
0.021x |
|
KRONA PUBLIC REAL ESTATE
F:927
|
0.052x |
|
Aspocomp Group Oyj
HE:ACG1V
|
0.034x |
|
Royal Road Minerals Ltd
V:RYR
|
-0.133x |
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 OCAX market cap.
| 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.