Oceanic Short Term Debt vs Other Stockholder Equity 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 Short Term Debt and its Other Stockholder Equity 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.
Short Term Debt vs Other Stockholder Equity
Short Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceanic Iron Ore Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oceanic Iron's Short Term Debt and Other Stockholder Equity is -0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity 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 Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Oceanic Iron Ore are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Oceanic Iron's Short Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Other Stockholder Equity
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
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Oceanic Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Additional Tools for Oceanic Stock Analysis
When running Oceanic Iron's price analysis, check to measure Oceanic Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceanic Iron is operating at the current time. Most of Oceanic Iron's value examination focuses on studying past and present price action to predict the probability of Oceanic Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanic Iron's price. Additionally, you may evaluate how the addition of Oceanic Iron to your portfolios can decrease your overall portfolio volatility.