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OCA Acquisition (OCA Acquisition) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is OCA Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OCA Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $28.07 Mil. OCA Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $42.29 Mil.

The historical rank and industry rank for OCA Acquisition's Equity-to-Asset or its related term are showing as below:

OCAX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.79   Max: 0.95
Current: 0.66

During the past 4 years, the highest Equity to Asset Ratio of OCA Acquisition was 0.95. The lowest was 0.14. And the median was 0.79.

OCAX's Equity-to-Asset is ranked worse than
61.67% of 621 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs OCAX: 0.66

OCA Acquisition Equity-to-Asset Historical Data

The historical data trend for OCA Acquisition's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OCA Acquisition Equity-to-Asset Chart

OCA Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.14 0.91 0.95 0.66

OCA Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.75 0.76 0.75 0.66

Competitive Comparison of OCA Acquisition's Equity-to-Asset

For the Shell Companies subindustry, OCA Acquisition's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OCA Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OCA Acquisition's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where OCA Acquisition's Equity-to-Asset falls into.



OCA Acquisition Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

OCA Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=28.066/42.293
=

OCA Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=28.066/42.293
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OCA Acquisition  (NAS:OCAX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


OCA Acquisition Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of OCA Acquisition's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


OCA Acquisition (OCA Acquisition) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
OCA Acquisition Corp is a blank check company.