Oceanic Total Assets vs Selling General Administrative 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 Total Assets and its Selling General Administrative 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.

Total Assets vs Selling General Administrative

Total Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceanic Iron Ore Total Assets account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Oceanic Iron's Total Assets and Selling General Administrative is -0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative 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 Total Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Oceanic Iron Ore are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., Oceanic Iron's Total Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Assets

Total assets refers to the total amount of Oceanic Iron assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Oceanic Iron Ore books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Selling General Administrative

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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