Oceanic Iron Ore Corp Working Capital to Net Assets Ratio
Oceanic Iron Ore Corp working capital to net assets ratio. Oceanic Iron Ore Corp (FEO) has a Working Capital to Net Assets ratio of 457.3% as of September 2025. Working capital of CA$-57.16 Million (current assets of CA$1.30 Million minus current liabilities of CA$58.46 Million) is measured against net assets of CA$-12.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check FEO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Oceanic Iron Ore Corp (2011–2024)
Working capital to net assets ratio of Oceanic Iron Ore Corp from 2011 to 2024. This chart shows how Oceanic Iron Ore Corp's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 457.3%, reflecting working capital of CA$-57.16 Million against net assets of CA$-12.50 Million CAD. See FEO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Oceanic Iron Ore Corp Working Capital to Net Assets Ratio by Year (2011–2024)
Oceanic Iron Ore Corp working capital to net assets ratio by year from 2011 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Oceanic Iron Ore Corp from 2011 to 2024, covering 14 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Oceanic Iron Ore Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -23.3% | CA$-8.40 Million | CA$36.08 Million | CA$1.44 Million | CA$9.85 Million | ▼ -12.8 pp |
| 2023 | -10.5% | CA$-4.20 Million | CA$39.83 Million | CA$289.38K | CA$4.49 Million | ▼ -7.7 pp |
| 2022 | -2.8% | CA$-1.11 Million | CA$39.21 Million | CA$675.66K | CA$1.79 Million | ▲ +1.1 pp |
| 2021 | -3.9% | CA$-1.57 Million | CA$39.98 Million | CA$310.53K | CA$1.88 Million | ▼ -0.7 pp |
| 2020 | -3.2% | CA$-1.16 Million | CA$36.47 Million | CA$59.17K | CA$1.22 Million | ▼ -2.0 pp |
| 2019 | -1.2% | CA$-480.47K | CA$40.53 Million | CA$449.43K | CA$929.89K | ▼ -3.0 pp |
| 2018 | 1.8% | CA$734.91K | CA$39.91 Million | CA$1.40 Million | CA$669.86K | ▲ +2.4 pp |
| 2017 | -0.5% | CA$-213.99K | CA$40.48 Million | CA$379.50K | CA$593.49K | ▲ +4.2 pp |
| 2016 | -4.7% | CA$-1.88 Million | CA$39.65 Million | CA$308.08K | CA$2.19 Million | ▼ -5.8 pp |
| 2015 | 1.1% | CA$418.30K | CA$39.62 Million | CA$866.14K | CA$447.85K | ▲ +2.7 pp |
| 2014 | -1.7% | CA$-668.95K | CA$39.62 Million | CA$2.36 Million | CA$3.03 Million | ▼ -7.1 pp |
| 2013 | 5.5% | CA$2.10 Million | CA$38.53 Million | CA$3.01 Million | CA$909.06K | ▼ -4.4 pp |
| 2012 | 9.8% | CA$3.85 Million | CA$39.09 Million | CA$7.49 Million | CA$3.65 Million | ▼ -14.5 pp |
| 2011 | 24.4% | CA$9.36 Million | CA$38.41 Million | CA$12.89 Million | CA$3.53 Million | — |