Oceanic Retained Earnings vs Long Term Debt Analysis

FEO Stock

CAD 0.14 0.01 6.67%

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 Retained Earnings and its 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.

Retained Earnings vs Long Term Debt

Retained Earnings vs 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 Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Oceanic Iron's Retained Earnings and Long Term Debt is -0.72. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of 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 Retained Earnings and 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 Retained Earnings of Oceanic Iron Ore are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Oceanic Iron's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Oceanic Iron Ore has held for over one year. Long-term debt appears on Oceanic Iron Ore balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Oceanic Iron Ore balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Other Stockholder Equity	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Net Debt	Net Invested Capital
Total Assets		0.37	0.03	0.55	0.52	-0.45	0.03	-0.11	0.3	-0.06	-0.06	0.45	-0.05	-0.42	-0.09	-0.05	0.45	0.31	-0.82	-0.32	0.63	0.92	0.64	0.52	0.54	0.93
Other Current Liab	0.37		-0.59	-0.01	0.26	-0.75	-0.34	-0.47	0.83	-0.48	-0.41	0.4	-0.41	-0.64	-0.49	-0.59	0.75	0.64	-0.26	-0.62	0.8	0.53	0.83	0.88	0.73	0.35
Total Current Liabilities	0.03	-0.59		-0.27	-0.3	0.67	0.64	0.71	-0.54	0.8	0.72	0.32	0.75	0.64	0.78	0.67	-0.62	-0.69	0.17	0.67	-0.56	-0.32	-0.48	-0.42	-0.27	-0.22
Total Stockholder Equity	0.55	-0.01	-0.27		0.75	-0.34	-0.38	-0.36	-0.22	-0.34	-0.34	-0.5	-0.35	-0.41	-0.36	-0.13	0.39	0.39	-0.68	-0.5	0.38	0.61	0.27	-0.06	-0.13	0.7
Net Tangible Assets	0.52	0.26	-0.3	0.75		-0.41	-0.32	-0.36	0.02	-0.34	-0.33	-0.26	-0.34	-0.55	-0.36	-0.21	0.68	0.62	-0.74	-0.5	0.48	0.59	0.46	0.16	0.07	0.6
Retained Earnings	-0.45	-0.75	0.67	-0.34	-0.41		0.71	0.84	-0.72	0.84	0.78	-0.1	0.79	0.65	0.87	0.53	-0.91	-0.9	0.42	0.84	-0.86	-0.72	-0.86	-0.82	-0.76	-0.59
Accounts Payable	0.03	-0.34	0.64	-0.38	-0.32	0.71		0.94	-0.34	0.86	0.95	0.44	0.94	0.27	0.93	0.26	-0.64	-0.8	0.11	0.78	-0.41	-0.26	-0.37	-0.31	-0.22	-0.2
Cash	-0.11	-0.47	0.71	-0.36	-0.36	0.84	0.94		-0.49	0.88	0.97	0.27	0.96	0.39	0.98	0.32	-0.77	-0.9	0.23	0.75	-0.57	-0.42	-0.55	-0.51	-0.44	-0.34
Long Term Debt	0.3	0.83	-0.54	-0.22	0.02	-0.72	-0.34	-0.49		-0.54	-0.5	0.56	-0.5	-0.42	-0.53	-0.38	0.62	0.61	-0.18	-0.49	0.66	0.48	0.73	0.89	0.85	0.31
Net Receivables	-0.06	-0.48	0.8	-0.34	-0.34	0.84	0.86	0.88	-0.54		0.9	0.31	0.94	0.48	0.96	0.46	-0.74	-0.87	0.2	0.82	-0.56	-0.4	-0.54	-0.47	-0.39	-0.32
Other Current Assets	-0.06	-0.41	0.72	-0.34	-0.33	0.78	0.95	0.97	-0.5	0.9		0.3	0.99	0.28	0.97	0.22	-0.7	-0.87	0.18	0.71	-0.51	-0.36	-0.49	-0.43	-0.36	-0.29
Total Liab	0.45	0.4	0.32	-0.5	-0.26	-0.1	0.44	0.27	0.56	0.31	0.3		0.33	0.0	0.29	0.09	0.05	-0.09	-0.12	0.2	0.25	0.31	0.38	0.61	0.7	0.22
Deferred Long Term Liab	-0.05	-0.41	0.75	-0.35	-0.34	0.79	0.94	0.96	-0.5	0.94	0.99	0.33		0.32	0.98	0.26	-0.7	-0.88	0.2	0.74	-0.5	-0.37	-0.48	-0.42	-0.35	-0.3
Short Long Term Debt	-0.42	-0.64	0.64	-0.41	-0.55	0.65	0.27	0.39	-0.42	0.48	0.28	0.0	0.32		0.44	0.89	-0.69	-0.56	0.55	0.72	-0.64	-0.64	-0.63	-0.53	-0.46	-0.57
Total Current Assets	-0.09	-0.49	0.78	-0.36	-0.36	0.87	0.93	0.98	-0.53	0.96	0.97	0.29	0.98	0.44		0.39	-0.78	-0.91	0.22	0.81	-0.59	-0.43	-0.57	-0.51	-0.43	-0.34
Short Term Debt	-0.05	-0.59	0.67	-0.13	-0.21	0.53	0.26	0.32	-0.38	0.46	0.22	0.09	0.26	0.89	0.39		-0.5	-0.4	0.1	0.64	-0.49	-0.29	-0.48	-0.42	-0.34	-0.21
Common Stock	0.45	0.75	-0.62	0.39	0.68	-0.91	-0.64	-0.77	0.62	-0.74	-0.7	0.05	-0.7	-0.69	-0.78	-0.5		0.95	-0.5	-0.8	0.85	0.68	0.86	0.74	0.64	0.55
Property Plant Equipment	0.31	0.64	-0.69	0.39	0.62	-0.9	-0.8	-0.9	0.61	-0.87	-0.87	-0.09	-0.88	-0.56	-0.91	-0.4	0.95		-0.42	-0.81	0.73	0.59	0.75	0.65	0.56	0.48
Short Term Investments	-0.82	-0.26	0.17	-0.68	-0.74	0.42	0.11	0.23	-0.18	0.2	0.18	-0.12	0.2	0.55	0.22	0.1	-0.5	-0.42		0.4	-0.46	-0.85	-0.42	-0.33	-0.35	-0.88
Other Liab	-0.32	-0.62	0.67	-0.5	-0.5	0.84	0.78	0.75	-0.49	0.82	0.71	0.2	0.74	0.72	0.81	0.64	-0.8	-0.81	0.4		-0.66	-0.58	-0.65	-0.53	-0.44	-0.5
Other Stockholder Equity	0.63	0.8	-0.56	0.38	0.48	-0.86	-0.41	-0.57	0.66	-0.56	-0.51	0.25	-0.5	-0.64	-0.59	-0.49	0.85	0.73	-0.46	-0.66		0.77	0.95	0.83	0.7	0.64
Non Current Assets Total	0.92	0.53	-0.32	0.61	0.59	-0.72	-0.26	-0.42	0.48	-0.4	-0.36	0.31	-0.37	-0.64	-0.43	-0.29	0.68	0.59	-0.85	-0.58	0.77		0.77	0.66	0.66	0.97
Common Stock Shares Outstanding	0.64	0.83	-0.48	0.27	0.46	-0.86	-0.37	-0.55	0.73	-0.54	-0.49	0.38	-0.48	-0.63	-0.57	-0.48	0.86	0.75	-0.42	-0.65	0.95	0.77		0.87	0.78	0.64
Non Current Liabilities Total	0.52	0.88	-0.42	-0.06	0.16	-0.82	-0.31	-0.51	0.89	-0.47	-0.43	0.61	-0.42	-0.53	-0.51	-0.42	0.74	0.65	-0.33	-0.53	0.83	0.66	0.87		0.96	0.49
Net Debt	0.54	0.73	-0.27	-0.13	0.07	-0.76	-0.22	-0.44	0.85	-0.39	-0.36	0.7	-0.35	-0.46	-0.43	-0.34	0.64	0.56	-0.35	-0.44	0.7	0.66	0.78	0.96		0.52
Net Invested Capital	0.93	0.35	-0.22	0.7	0.6	-0.59	-0.2	-0.34	0.31	-0.32	-0.29	0.22	-0.3	-0.57	-0.34	-0.21	0.55	0.48	-0.88	-0.5	0.64	0.97	0.64	0.49	0.52

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Oceanic Iron Account Relationship Matchups

Oceanic Iron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.8M	43.7M	44.2M	44.9M	44.7M	47.8M
Other Current Liab	374.5K	454.1K	214.0K	366.7K	421.7K	305.1K
Total Current Liabilities	929.9K	1.2M	1.9M	1.8M	1.1M	1.4M
Total Stockholder Equity	40.5M	36.5M	40.0M	39.2M	39.8M	43.3M
Net Tangible Assets	40.5M	36.5M	40.0M	39.2M	45.1M	43.2M
Retained Earnings	(31.4M)	(36.0M)	(32.9M)	(33.9M)	(33.9M)	(35.6M)
Accounts Payable	279.6K	348.5K	295.6K	346.7K	343.3K	317.9K
Cash	422.8K	46.6K	293.2K	662.8K	269.5K	256.0K
Long Term Debt	1.9M	5.5M	1.9M	3.4M	3.4M	2.3M
Net Receivables	20.7K	2.8K	3.8K	5.9K	6.3K	6.0K
Total Liab	3.2M	7.2M	4.2M	5.6M	4.9M	4.5M
Total Current Assets	449.4K	59.2K	310.5K	675.7K	289.4K	274.9K
Common Stock	61.1M	61.3M	61.6M	61.9M	71.2M	63.2M
Property Plant Equipment	43.3M	43.6M	43.9M	44.2M	50.8M	44.9M
Other Liab	427.4K	425.5K	423.2K	423.2K	380.9K	348.0K

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