Oceanic Iron Ore Corp (FEO) — Net Asset Quality Index
Oceanic Iron Ore Corp (FEO) has a Net Asset Quality Index of -26.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$46.44 Million minus total liabilities of CA$58.94 Million yields net assets of CA$-12.50 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Oceanic Iron Ore Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Oceanic Iron Ore Corp Net Asset Quality Index Over Time (2011–2024)
This chart shows how Oceanic Iron Ore Corp's Net Asset Quality Index has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the index stands at -26.9%, representing net assets of CA$-12.50 Million against total assets of CA$46.44 Million CAD. Explore Oceanic Iron Ore Corp cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Oceanic Iron Ore Corp (2011–2024)
The table below presents the year-by-year Net Asset Quality Index for Oceanic Iron Ore Corp from 2011 to 2024, covering 14 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Oceanic Iron Ore Corp.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 77.9% | CA$36.08 Million | CA$46.34 Million | CA$10.26 Million | ▼ -11.2 pp |
| 2023 | 89.0% | CA$39.83 Million | CA$44.74 Million | CA$4.91 Million | ▲ +1.6 pp |
| 2022 | 87.4% | CA$39.21 Million | CA$44.85 Million | CA$5.65 Million | ▼ -3.0 pp |
| 2021 | 90.4% | CA$39.98 Million | CA$44.22 Million | CA$4.25 Million | ▲ +6.9 pp |
| 2020 | 83.5% | CA$36.47 Million | CA$43.66 Million | CA$7.20 Million | ▼ -9.1 pp |
| 2019 | 92.6% | CA$40.53 Million | CA$43.77 Million | CA$3.24 Million | ▲ +1.9 pp |
| 2018 | 90.7% | CA$39.91 Million | CA$43.99 Million | CA$4.08 Million | ▼ -4.1 pp |
| 2017 | 94.8% | CA$40.48 Million | CA$42.71 Million | CA$2.23 Million | ▲ +1.0 pp |
| 2016 | 93.8% | CA$39.65 Million | CA$42.28 Million | CA$2.64 Million | ▼ -0.7 pp |
| 2015 | 94.5% | CA$39.62 Million | CA$41.94 Million | CA$2.32 Million | ▲ +2.5 pp |
| 2014 | 91.9% | CA$39.62 Million | CA$43.09 Million | CA$3.47 Million | ▲ +1.0 pp |
| 2013 | 91.0% | CA$38.53 Million | CA$42.35 Million | CA$3.83 Million | ▲ +1.7 pp |
| 2012 | 89.3% | CA$39.09 Million | CA$43.77 Million | CA$4.68 Million | ▲ +1.4 pp |
| 2011 | 87.9% | CA$38.41 Million | CA$43.67 Million | CA$5.27 Million | — |