| FEO Stock | | | CAD 0.14 0.01 6.67% |
Insider
Irfan Shariff is Advisor of Oceanic Iron Ore
| Address | Three Bentall Centre, Vancouver, BC, Canada, V7X 1L3 |
| Phone | 604 566 9080 |
| Web | https://www.oceanicironore.com |
Oceanic Iron Management Efficiency
At this time, Oceanic Iron's
Total Assets are fairly stable compared to the past year.
Non Current Assets Total is likely to climb to about 47.7
M in 2024, whereas
Net Tangible Assets are likely to drop slightly above 43.2
M in 2024. Oceanic Iron's management efficiency ratios could be used to measure how well Oceanic Iron manages its routine affairs as well as how well it operates its assets and liabilities.
Oceanic Iron Ore has accumulated 92.65
K in total debt with debt to equity ratio
(D/E) of 9.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Oceanic Iron Ore has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Oceanic Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oceanic Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Iron's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 1 records | INSIDER Age |
| Tony CPA | Bri Chem Corp | N/A |
Oceanic Iron Ore Corp., an exploration stage company, acquires and explores for iron ore properties in Qubec, Canada. Oceanic Iron Ore Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada. OCEANIC IRON operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Oceanic Iron Ore (FEO) is traded on TSX Venture Exchange in Canada and employs 6 people. Oceanic Iron is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Oceanic Iron Ore Leadership Team
Elected by the shareholders, the Oceanic Iron's board of directors comprises two types of representatives: Oceanic Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oceanic. The board's role is to monitor Oceanic Iron's management team and ensure that shareholders' interests are well served. Oceanic Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Oceanic Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Oceanic Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Oceanic Iron a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Oceanic Stock Analysis
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