Oceanic Iron Ore Corp Total Assets
Oceanic Iron Ore Corp total assets. Based on the latest financial reports, Oceanic Iron Ore Corp (FEO) holds total assets worth CA$46.44 Million CAD (≈ $33.60 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see FEO company net worth for the company's overall valuation and market capitalisation.
Total Assets of Oceanic Iron Ore Corp (2011–2024)
Total assets of Oceanic Iron Ore Corp from 2011 to 2024. This chart illustrates how Oceanic Iron Ore Corp's total assets have evolved over time, based on quarterly financial data. See FEO share price today for real-time trading data and today's change.
Oceanic Iron Ore Corp - Asset Composition Analysis
Oceanic Iron Ore Corp Total Assets Breakdown (December 2024)
Oceanic Iron Ore Corp total assets breakdown as of December 2024. Oceanic Iron Ore Corp's total assets of CA$46.44 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.1% |
| Accounts Receivable | CA$21.03K | 0.1% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Oceanic Iron Ore Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital to net assets of Oceanic Iron Ore Corp to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Oceanic Iron Ore Corp's current assets represent 3.1% of total assets in 2024, a decrease from 29.5% in 2011.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 16.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Oceanic Iron Ore Corp Competitors by Total Assets
Key competitors of Oceanic Iron Ore Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
China Molybdenum Co. Ltd
F:D7N
|
Germany | €227.74 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.65 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
China | CN¥9.17 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
China | CN¥7.42 Billion |
|
Perenti Ltd
AU:PRN
|
Australia | AU$3.16 Billion |
Oceanic Iron Ore Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.16 | 0.05 |
| Quick Ratio | 0.02 | 0.16 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-57.16 Million | CA$-10.18 Million | CA$-1.16 Million |
Oceanic Iron Ore Corp - Advanced Valuation Insights
This section examines the relationship between Oceanic Iron Ore Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.87 |
| Latest Market Cap to Assets Ratio | 1.46 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CA$46.34 Million |
| Market Capitalization | $67.50 Million USD |
Valuation Analysis
Above Book Valuation: The market values Oceanic Iron Ore Corp's assets above their book value (1.46x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Oceanic Iron Ore Corp's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Oceanic Iron Ore Corp (2011–2024)
The table below shows the annual total assets of Oceanic Iron Ore Corp from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$46.34 Million ≈ $33.52 Million |
+3.58% |
| 2023-12-31 | CA$44.74 Million ≈ $32.37 Million |
-0.25% |
| 2022-12-31 | CA$44.85 Million ≈ $32.45 Million |
+1.43% |
| 2021-12-31 | CA$44.22 Million ≈ $31.99 Million |
+1.27% |
| 2020-12-31 | CA$43.66 Million ≈ $31.59 Million |
-0.25% |
| 2019-12-31 | CA$43.77 Million ≈ $31.67 Million |
-0.48% |
| 2018-12-31 | CA$43.99 Million ≈ $31.82 Million |
+3.00% |
| 2017-12-31 | CA$42.71 Million ≈ $30.89 Million |
+1.00% |
| 2016-12-31 | CA$42.28 Million ≈ $30.59 Million |
+0.81% |
| 2015-12-31 | CA$41.94 Million ≈ $30.34 Million |
-2.67% |
| 2014-12-31 | CA$43.09 Million ≈ $31.17 Million |
+1.75% |
| 2013-12-31 | CA$42.35 Million ≈ $30.64 Million |
-3.23% |
| 2012-12-31 | CA$43.77 Million ≈ $31.66 Million |
+0.22% |
| 2011-12-31 | CA$43.67 Million ≈ $31.59 Million |
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About Oceanic Iron Ore Corp
Oceanic Iron Ore Corp., an exploration stage company, engages in the acquisition and exploration of iron ore properties in Québec, Canada. It holds a 100% interest in the Ungava Bay iron property comprising three project areas, including Hopes Advance, Morgan Lake, and Roberts Lake with 861 claim cells covering an area of approximately 36,040 hectares of iron formation located in Nunavik, Quebec.… Read more