Oceanic Iron Current Ratio vs. Total Debt
| FEOVFDelisted Stock | USD 0.07 0.00 0.00% |
For Oceanic Iron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oceanic Iron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oceanic Iron Ore utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oceanic Iron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oceanic Iron Ore over time as well as its relative position and ranking within its peers.
Oceanic |
Oceanic Iron Ore Total Debt vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oceanic Iron's current stock value. Our valuation model uses many indicators to compare Oceanic Iron value to that of its competitors to determine the firm's financial worth. Oceanic Iron Ore is rated # 3 in current ratio category among its peers. It is rated as one of the top companies in total debt category among its peers making up about 48,518,975 of Total Debt per Current Ratio. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oceanic Iron's earnings, one of the primary drivers of an investment's value.Oceanic Total Debt vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Oceanic Iron |
| = | 0.04 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Oceanic Iron |
| = | 1.94 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Oceanic Total Debt vs Competition
Oceanic Iron Ore is rated as one of the top companies in total debt category among its peers. Total debt of Materials industry is currently estimated at about 2.73 Trillion. Oceanic Iron adds roughly 1.94 Million in total debt claiming only tiny portion of all equities under Materials industry.
Oceanic Iron Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oceanic Iron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oceanic Iron will eventually generate negative long term returns. The profitability progress is the general direction of Oceanic Iron's change in net profit over the period of time. It can combine multiple indicators of Oceanic Iron, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Oceanic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oceanic Iron. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oceanic Iron position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oceanic Iron's important profitability drivers and their relationship over time.
Use Oceanic Iron in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceanic Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceanic Iron will appreciate offsetting losses from the drop in the long position's value.Oceanic Iron Pair Trading
Oceanic Iron Ore Pair Trading Analysis
The ability to find closely correlated positions to Oceanic Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceanic Iron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceanic Iron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceanic Iron Ore to buy it.
The correlation of Oceanic Iron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceanic Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceanic Iron Ore moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceanic Iron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Oceanic Iron position
In addition to having Oceanic Iron in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Entertainment Thematic Idea Now
Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Oceanic Pink Sheet
If you are still planning to invest in Oceanic Iron Ore check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Oceanic Iron's history and understand the potential risks before investing.
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