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OCA Acquisition (OCA Acquisition) Cash And Cash Equivalents : $0.00 Mil (As of Mar. 2024)


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What is OCA Acquisition Cash And Cash Equivalents?

OCA Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.03 Mil) to Dec. 2023 ($0.03 Mil) but then stayed the same from Dec. 2023 ($0.03 Mil) to Mar. 2024 ($0.00 Mil).

OCA Acquisition's annual cash and cash equivalents declined from Dec. 2021 ($0.19 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.03 Mil).

OCA Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for OCA Acquisition's Cash And Cash Equivalents 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.

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OCA Acquisition Cash And Cash Equivalents Chart

OCA Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
- 0.19 - 0.03

OCA Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.03 0.03 -

OCA Acquisition Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

OCA Acquisition  (NAS:OCAXU) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

OCA Acquisition Cash And Cash Equivalents Related Terms

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OCA Acquisition (OCA Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OCA Acquisition Corp (NAS:OCAXU) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
OCAX:USA
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Website
https://www.ocaacquisition.com
OCA Acquisition Corp is a blank check company.
Executives
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019