Oceanic Net Invested Capital vs Short Long Term Debt Analysis

FEO Stock  CAD 0.13  0.01  7.14%   
Oceanic Iron financial indicator trend analysis is much more than just breaking down Oceanic Iron Ore prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oceanic Iron Ore is a good investment. Please check the relationship between Oceanic Iron Net Invested Capital and its Short Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Oceanic Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceanic Iron Ore Net Invested Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
Net Invested CapitalShort Long Term DebtDiversified AwayNet Invested CapitalShort Long Term DebtDiversified Away100%
The correlation between Oceanic Iron's Net Invested Capital and Short Long Term Debt is -0.57. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Oceanic Iron Ore, assuming nothing else is changed. The correlation between historical values of Oceanic Iron's Net Invested Capital and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Oceanic Iron Ore are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Invested Capital i.e., Oceanic Iron's Net Invested Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Oceanic Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oceanic Iron Ore current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Oceanic Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 1 M in 2024

Oceanic Iron fundamental ratios Correlations

0.370.030.550.52-0.450.03-0.110.3-0.06-0.060.45-0.05-0.42-0.09-0.050.450.31-0.82-0.320.630.920.640.520.540.93
0.37-0.59-0.010.26-0.75-0.34-0.470.83-0.48-0.410.4-0.41-0.64-0.49-0.590.750.64-0.26-0.620.80.530.830.880.730.35
0.03-0.59-0.27-0.30.670.640.71-0.540.80.720.320.750.640.780.67-0.62-0.690.170.67-0.56-0.32-0.48-0.42-0.27-0.22
0.55-0.01-0.270.75-0.34-0.38-0.36-0.22-0.34-0.34-0.5-0.35-0.41-0.36-0.130.390.39-0.68-0.50.380.610.27-0.06-0.130.7
0.520.26-0.30.75-0.41-0.32-0.360.02-0.34-0.33-0.26-0.34-0.55-0.36-0.210.680.62-0.74-0.50.480.590.460.160.070.6
-0.45-0.750.67-0.34-0.410.710.84-0.720.840.78-0.10.790.650.870.53-0.91-0.90.420.84-0.86-0.72-0.86-0.82-0.76-0.59
0.03-0.340.64-0.38-0.320.710.94-0.340.860.950.440.940.270.930.26-0.64-0.80.110.78-0.41-0.26-0.37-0.31-0.22-0.2
-0.11-0.470.71-0.36-0.360.840.94-0.490.880.970.270.960.390.980.32-0.77-0.90.230.75-0.57-0.42-0.55-0.51-0.44-0.34
0.30.83-0.54-0.220.02-0.72-0.34-0.49-0.54-0.50.56-0.5-0.42-0.53-0.380.620.61-0.18-0.490.660.480.730.890.850.31
-0.06-0.480.8-0.34-0.340.840.860.88-0.540.90.310.940.480.960.46-0.74-0.870.20.82-0.56-0.4-0.54-0.47-0.39-0.32
-0.06-0.410.72-0.34-0.330.780.950.97-0.50.90.30.990.280.970.22-0.7-0.870.180.71-0.51-0.36-0.49-0.43-0.36-0.29
0.450.40.32-0.5-0.26-0.10.440.270.560.310.30.330.00.290.090.05-0.09-0.120.20.250.310.380.610.70.22
-0.05-0.410.75-0.35-0.340.790.940.96-0.50.940.990.330.320.980.26-0.7-0.880.20.74-0.5-0.37-0.48-0.42-0.35-0.3
-0.42-0.640.64-0.41-0.550.650.270.39-0.420.480.280.00.320.440.89-0.69-0.560.550.72-0.64-0.64-0.63-0.53-0.46-0.57
-0.09-0.490.78-0.36-0.360.870.930.98-0.530.960.970.290.980.440.39-0.78-0.910.220.81-0.59-0.43-0.57-0.51-0.43-0.34
-0.05-0.590.67-0.13-0.210.530.260.32-0.380.460.220.090.260.890.39-0.5-0.40.10.64-0.49-0.29-0.48-0.42-0.34-0.21
0.450.75-0.620.390.68-0.91-0.64-0.770.62-0.74-0.70.05-0.7-0.69-0.78-0.50.95-0.5-0.80.850.680.860.740.640.55
0.310.64-0.690.390.62-0.9-0.8-0.90.61-0.87-0.87-0.09-0.88-0.56-0.91-0.40.95-0.42-0.810.730.590.750.650.560.48
-0.82-0.260.17-0.68-0.740.420.110.23-0.180.20.18-0.120.20.550.220.1-0.5-0.420.4-0.46-0.85-0.42-0.33-0.35-0.88
-0.32-0.620.67-0.5-0.50.840.780.75-0.490.820.710.20.740.720.810.64-0.8-0.810.4-0.66-0.58-0.65-0.53-0.44-0.5
0.630.8-0.560.380.48-0.86-0.41-0.570.66-0.56-0.510.25-0.5-0.64-0.59-0.490.850.73-0.46-0.660.770.950.830.70.64
0.920.53-0.320.610.59-0.72-0.26-0.420.48-0.4-0.360.31-0.37-0.64-0.43-0.290.680.59-0.85-0.580.770.770.660.660.97
0.640.83-0.480.270.46-0.86-0.37-0.550.73-0.54-0.490.38-0.48-0.63-0.57-0.480.860.75-0.42-0.650.950.770.870.780.64
0.520.88-0.42-0.060.16-0.82-0.31-0.510.89-0.47-0.430.61-0.42-0.53-0.51-0.420.740.65-0.33-0.530.830.660.870.960.49
0.540.73-0.27-0.130.07-0.76-0.22-0.440.85-0.39-0.360.7-0.35-0.46-0.43-0.340.640.56-0.35-0.440.70.660.780.960.52
0.930.35-0.220.70.6-0.59-0.2-0.340.31-0.32-0.290.22-0.3-0.57-0.34-0.210.550.48-0.88-0.50.640.970.640.490.52
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Oceanic Iron Account Relationship Matchups

Oceanic Iron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.8M43.7M44.2M44.9M44.7M47.8M
Other Current Liab374.5K454.1K214.0K366.7K421.7K305.1K
Total Current Liabilities929.9K1.2M1.9M1.8M1.1M1.4M
Total Stockholder Equity40.5M36.5M40.0M39.2M39.8M43.3M
Net Tangible Assets40.5M36.5M40.0M39.2M45.1M43.2M
Retained Earnings(31.4M)(36.0M)(32.9M)(33.9M)(33.9M)(35.6M)
Accounts Payable279.6K348.5K295.6K346.7K343.3K317.9K
Cash422.8K46.6K293.2K662.8K269.5K256.0K
Long Term Debt1.9M5.5M1.9M3.4M3.4M2.3M
Net Receivables20.7K2.8K3.8K5.9K6.3K6.0K
Total Liab3.2M7.2M4.2M5.6M4.9M4.5M
Total Current Assets449.4K59.2K310.5K675.7K289.4K274.9K
Common Stock61.1M61.3M61.6M61.9M71.2M63.2M
Property Plant Equipment43.3M43.6M43.9M44.2M50.8M44.9M
Other Liab427.4K425.5K423.2K423.2K380.9K348.0K

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