Oceanic Iron Ore Stock Net Asset
| FEO Stock | CAD 0.05 0.01 16.67% |
Oceanic Iron Ore fundamentals help investors to digest information that contributes to Oceanic Iron's financial success or failures. It also enables traders to predict the movement of Oceanic Stock. The fundamental analysis module provides a way to measure Oceanic Iron's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oceanic Iron stock.
Oceanic | Net Asset |
Oceanic Iron Ore Company Net Asset Analysis
Oceanic Iron's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Oceanic Iron Net Asset | 44.85 M |
Most of Oceanic Iron's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oceanic Iron Ore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Oceanic Total Assets
Total Assets |
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Based on the recorded statements, Oceanic Iron Ore has a Net Asset of 44.85 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.
Oceanic Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oceanic Iron's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oceanic Iron could also be used in its relative valuation, which is a method of valuing Oceanic Iron by comparing valuation metrics of similar companies.Oceanic Iron is currently under evaluation in net asset category among related companies.
Oceanic Fundamentals
| Return On Equity | 0.0106 | ||||
| Return On Asset | -0.0078 | ||||
| Current Valuation | 9.36 M | ||||
| Shares Outstanding | 109.49 M | ||||
| Shares Owned By Insiders | 52.25 % | ||||
| Number Of Shares Shorted | 317 | ||||
| Price To Earning | (3.21) X | ||||
| Price To Book | 0.19 X | ||||
| Gross Profit | (27.83 K) | ||||
| EBITDA | (605.45 K) | ||||
| Net Income | 417.26 K | ||||
| Cash And Equivalents | 1.28 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 1.08 M | ||||
| Debt To Equity | 9.90 % | ||||
| Current Ratio | 1.38 X | ||||
| Book Value Per Share | 0.39 X | ||||
| Cash Flow From Operations | (241.93 K) | ||||
| Short Ratio | 0.02 X | ||||
| Target Price | 0.15 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 5.47 M | ||||
| Total Asset | 44.85 M | ||||
| Retained Earnings | (33.92 M) | ||||
| Working Capital | (1.11 M) | ||||
| Net Asset | 44.85 M |
About Oceanic Iron Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oceanic Iron Ore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oceanic Iron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oceanic Iron Ore based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Oceanic Iron in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Oceanic Iron's short interest history, or implied volatility extrapolated from Oceanic Iron options trading.
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Complementary 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.
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