OCA Acquisition Corp Working Capital to Net Assets Ratio
OCA Acquisition Corp working capital to net assets ratio. OCA Acquisition Corp (OCAXU) has a Working Capital to Net Assets ratio of -56.4% as of September 2024. Working capital of $-10.34 Million (current assets of $34.12K minus current liabilities of $10.38 Million) is measured against net assets of $18.33 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check OCA Acquisition Corp (OCAXU) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of OCA Acquisition Corp (2020–2023)
Working capital to net assets ratio of OCA Acquisition Corp from 2020 to 2023. This chart shows how OCA Acquisition Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at -56.4%, reflecting working capital of $-10.34 Million against net assets of $18.33 Million USD. See how many days can OCA Acquisition Corp fund operations to measure how many days the company can operate on defensive assets alone.
OCA Acquisition Corp Working Capital to Net Assets Ratio by Year (2020–2023)
OCA Acquisition Corp working capital to net assets ratio by year from 2020 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for OCA Acquisition Corp from 2020 to 2023, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see OCA Acquisition Corp assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -28.8% | $-8.09 Million | $28.07 Million | $35.67K | $8.12 Million | ▼ -26.8 pp |
| 2022 | -2.0% | $-2.90 Million | $145.71 Million | $985.00 | $2.90 Million | ▼ -1.1 pp |
| 2021 | -0.9% | $-1.25 Million | $138.31 Million | $257.65K | $1.51 Million | ▲ +638.2 pp |
| 2020 | -639.1% | $-151.65K | $23.73K | $34.00 | $151.68K | — |