Oceanic Iron Ore Corp (FEO) — Tangible Net Worth Ratio

Latest as of June 2025: 100.0%

Oceanic Iron Ore Corp (FEO) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$22.47 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Oceanic Iron Ore Corp to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$22.47 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$46.33 Million
CAD

Oceanic Iron Ore Corp Tangible Net Worth Ratio (2011–2024)

This chart shows how Oceanic Iron Ore Corp's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of CA$22.47 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Oceanic Iron Ore Corp stock valuation.

Annual Tangible Net Worth Ratio for Oceanic Iron Ore Corp (2011–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Oceanic Iron Ore Corp from 2011 to 2024, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See FEO free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2024 100.0% CA$36.08 Million CA$0.00 CA$46.34 Million ▲ +0.0 pp
2023 100.0% CA$39.83 Million CA$0.00 CA$44.74 Million ▲ +0.0 pp
2022 100.0% CA$39.21 Million CA$0.00 CA$44.85 Million ▲ +0.0 pp
2021 100.0% CA$39.98 Million CA$0.00 CA$44.22 Million ▲ +0.0 pp
2020 100.0% CA$36.47 Million CA$0.00 CA$43.66 Million ▲ +0.0 pp
2019 100.0% CA$40.53 Million CA$0.00 CA$43.77 Million ▲ +0.0 pp
2018 100.0% CA$39.91 Million CA$0.00 CA$43.99 Million ▲ +0.0 pp
2017 100.0% CA$40.48 Million CA$0.00 CA$42.71 Million ▲ +0.0 pp
2016 100.0% CA$39.65 Million CA$0.00 CA$42.28 Million ▲ +0.0 pp
2015 100.0% CA$39.62 Million CA$0.00 CA$41.94 Million ▲ +0.0 pp
2014 100.0% CA$39.62 Million CA$0.00 CA$43.09 Million ▲ +0.0 pp
2013 100.0% CA$38.53 Million CA$0.00 CA$42.35 Million ▲ +0.0 pp
2012 100.0% CA$39.09 Million CA$0.00 CA$43.77 Million ▲ +0.0 pp
2011 100.0% CA$38.41 Million CA$0.00 CA$43.67 Million
pp = percentage points