OCA Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
OCA Acquisition has a total shareholder equity of $-16.0M and total debt of $3.9M, which brings its debt-to-equity ratio to -24.2%. Its total assets and total liabilities are $33.7M and $49.7M respectively.
Key information
-24.2%
Debt to equity ratio
US$3.87m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.50k |
| Equity | -US$16.01m |
| Total liabilities | US$49.68m |
| Total assets | US$33.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCAX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OCAX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OCAX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OCAX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: OCAX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OCAX's interest payments on its debt are well covered by EBIT.