OTECW (OceanTech Acquisitions I) Total Equity: $-3.64 Mil (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 Total Equity?

OceanTech Acquisitions I OTECW 20 Total Equity is $-3.64 Mil as of Mar. 2024. GuruFocus rates OTECW with a GF Score™ of 20/100. The stock has 4 warning signs investors should review.

OceanTech Acquisitions I's total equity for the quarter that ended in Mar. 2024 was $-3.64 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

OceanTech Acquisitions I Total Equity Historical Data

* Premium members only.

The historical data trend for OceanTech Acquisitions I's Total Equity 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 Total Equity Chart

OceanTech Acquisitions I Annual Data
Trend Dec21 Dec22 Dec23
Total Equity
91.60 10.95 -2.05

OceanTech Acquisitions I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.36 -1.42 -1.82 -2.05 -3.64
OTECW
20GF Score
OceanTech Acquisitions I Corp OTECW
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanTech Acquisitions I Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

OceanTech Acquisitions I's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=9.389-11.434
=-2.05

OceanTech Acquisitions I's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity=Total Assets(Q: Mar. 2024 )-Total Liabilities(Q: Mar. 2024 )
=9.314-12.956
=-3.64

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-3.64 Mil mean?
OceanTech Acquisitions I (OTECW) has a Total Equity of $-3.64 Mil as of Mar. 2024. The total amount of equity as record on a company's balance sheet. View historical data for OceanTech Acquisitions I and its competitors.
Is OceanTech Acquisitions I's Total Equity too high?
OceanTech Acquisitions I's current Total Equity is $-3.64 Mil. 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 Total Equity compare to FATP and WAVS?
OceanTech Acquisitions I's Total Equity of $-3.64 Mil 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 Total Equity for a Diversified Financial Services company?
A good Total Equity depends on the Diversified Financial Services industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for OceanTech Acquisitions I and its competitors. OceanTech Acquisitions I's current Total Equity is $-3.64 Mil. 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 Total Equity of $-3.64 Mil. The current Total Equity is $-3.64 Mil. 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 Total Equity calculated?
Total Equity is calculated from a company's financial statements. For OceanTech Acquisitions I (OTECW), the current Total Equity is $-3.64 Mil 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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Total Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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