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OCA Acquisition (OCA Acquisition) Total Assets : $33.15 Mil (As of Mar. 2024)


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What is OCA Acquisition Total Assets?

OCA Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $33.15 Mil.

During the past 12 months, OCA Acquisition's average Total Assets Growth Rate was -19.00% per year. During the past 3 years, the average Total Assets Growth Rate was 522.80% per year.

During the past 4 years, OCA Acquisition's highest 3-Year average Total Assets Growth Rate was 522.80%. The lowest was 522.80%. And the median was 522.80%.

Total Assets is connected with ROA %. OCA Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -5.42%. Total Assets is also linked to Revenue through Asset Turnover. OCA Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


OCA Acquisition Total Assets Historical Data

The historical data trend for OCA Acquisition's Total 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.

* Premium members only.

OCA Acquisition Total Assets Chart

OCA Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
0.18 152.03 153.98 42.29

OCA Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets 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 40.92 41.24 41.81 42.29 33.15

OCA Acquisition Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

OCA Acquisition's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=28.066+14.227
=42.29

OCA Acquisition's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=17.679+15.475
=33.15

* 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:OCAXU) Total Assets Explanation

Total Assets is connected with ROA %.

OCA Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-2.044/( (42.293+33.154)/ 2 )
=-2.044/37.7235
=-5.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

OCA Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (42.293+33.154)/ 2 )
=0/37.7235
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

OCA Acquisition Total Assets Related Terms

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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.
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