OCA Acquisition Corp Cash Flow Conversion Efficiency
OCA Acquisition Corp cash flow conversion efficiency. Based on the latest financial reports, OCA Acquisition Corp (OCAXU) 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. Also see OCAXU company net worth for the company's overall valuation and market capitalisation.
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 stock quote 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. Review financial agility of OCA Acquisition Corp to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Advanced Info Service Public Company Limited
F:AISF
|
0.311x |
|
Block Energy PLC
LSE:BLOE
|
0.007x |
|
TAURUS GOLD CORP.
F:W1N
|
N/A |
|
Sensys Traffic AB
ST:SENS
|
0.184x |
|
CAP-XX Limited
LSE:CPX
|
-0.190x |
|
Sancus Lending Group Ltd
LSE:LEND
|
-39.903x |
|
PowerHouse Energy Group Plc
LSE:PHE
|
-0.190x |
|
Thruvision Group PLC
LSE:THRU
|
-0.076x |
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. Also see total assets of OCA Acquisition Corp for a full breakdown of the balance sheet.
| 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.