OTECW (OceanTech Acquisitions I) Scaled Net Operating Assets: -0.20 (As of Mar. 2024)

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OTECW OceanTech Acquisitions I Corp OTECW
20 GF Score
Price $0.07
! 4 Warning Signs
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What is OceanTech Acquisitions I Scaled Net Operating Assets?

OceanTech Acquisitions I OTECW 20 Scaled Net Operating Assets is -0.20 as of Mar. 2024. GuruFocus rates OTECW with a GF Score™ of 20/100. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OceanTech Acquisitions I's operating assets for the quarter that ended in Mar. 2024 was $9.30 Mil. OceanTech Acquisitions I's operating liabilities for the quarter that ended in Mar. 2024 was $11.16 Mil. OceanTech Acquisitions I's Total Assets for the quarter that ended in Dec. 2023 was $9.39 Mil. Therefore, OceanTech Acquisitions I's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.20.

OceanTech Acquisitions I Scaled Net Operating Assets Historical Data

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The historical data trend for OceanTech Acquisitions I's Scaled Net Operating Assets 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.

OceanTech Acquisitions I Scaled Net Operating Assets Chart

OceanTech Acquisitions I Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.87 0.11 -0.03

OceanTech Acquisitions I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 -0.02 -0.06 -0.05 -0.20

OTECW vs FATP, WAVS, CPBI: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, OceanTech Acquisitions I's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

OceanTech Acquisitions I Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where OceanTech Acquisitions I's Scaled Net Operating Assets falls into.


OTECW
20GF Score
OceanTech Acquisitions I Corp OTECW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanTech Acquisitions I Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OceanTech Acquisitions I's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(9.288-9.782)/19.465
=-0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.389 - 0.101
=9.288

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.434 - 0 - 1.652
=9.782

OceanTech Acquisitions I's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(9.297-11.161)/9.389
=-0.20

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.314 - 0.017
=9.297

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.956 - 0 - 1.795
=11.161

* 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.

What does a Scaled Net Operating Assets of -0.20 mean?
OceanTech Acquisitions I (OTECW) has a Scaled Net Operating Assets of -0.20 as of Mar. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on OceanTech Acquisitions I and its competitors.
Is OceanTech Acquisitions I's Scaled Net Operating Assets too high?
OceanTech Acquisitions I's current Scaled Net Operating Assets is -0.20. Overall, OceanTech Acquisitions I has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OceanTech Acquisitions I's Scaled Net Operating Assets compare to FATP and WAVS?
OceanTech Acquisitions I's Scaled Net Operating Assets of -0.20 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on OceanTech Acquisitions I and its competitors. OceanTech Acquisitions I's current Scaled Net Operating Assets is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanTech Acquisitions I stock overvalued right now?
OceanTech Acquisitions I (OTECW) has a current Scaled Net Operating Assets of -0.20. The current Scaled Net Operating Assets is -0.20. OceanTech Acquisitions I's overall GF Score™ is 20/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For OceanTech Acquisitions I (OTECW), the current Scaled Net Operating Assets is -0.20 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OceanTech Acquisitions I Business Description

Address 515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022
OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
20GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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