OCA Acquisition Corp (OCAX) — Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

OCA Acquisition Corp (OCAX) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($18.33 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See OCAX working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$18.33 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$34.32 Million
USD

OCA Acquisition Corp Tangible Net Worth Ratio (2020–2023)

This chart shows how OCA Acquisition Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of $18.33 Million with intangible assets of $0.00 USD. See OCAX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for OCA Acquisition Corp (2020–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for OCA Acquisition Corp from 2020 to 2023, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see OCA Acquisition Corp stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 100.0% $28.07 Million $0.00 $42.29 Million ▲ +0.0 pp
2022 100.0% $145.71 Million $0.00 $153.98 Million ▲ +0.0 pp
2021 100.0% $138.31 Million $0.00 $152.03 Million ▲ +0.0 pp
2020 100.0% $23.73K $0.00 $175.41K
pp = percentage points