OCA Acquisition Corp (OCAXU) — Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

OCA Acquisition Corp (OCAXU) 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. Also explore OCA Acquisition Corp (OCAXU) net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and overall valuation, see OCAXU stock market capitalisation.

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. See financial flexibility index of OCA Acquisition Corp to measure the company's free cash flow as a share of total liabilities.

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