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Oceanic Iron OreFEOVF +2.18%24 Equity-to-Asset is 0.99 as of Mar. 2026, which is 11% above its 10-year median of 0.89. GuruFocus rates FEOVF with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 2,669 Metals & Mining companies, Oceanic Iron Ore ranks better than 97.79% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oceanic Iron Ore's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $69.00 Mil. Oceanic Iron Ore's Total Assets for the quarter that ended in Mar. 2026 was $70.09 Mil.
The historical rank and industry rank for Oceanic Iron Ore's Equity-to-Asset or its related term are showing as below:
FEOVF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.27 Med: 0.89 Max: 0.99
Current: 0.99
During the past 13 years, the highest Equity to Asset Ratio of Oceanic Iron Ore was 0.99. The lowest was -0.27. And the median was 0.89.
FEOVF's Equity-to-Asset is ranked better than 97.79% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.8
vs FEOVF: 0.99
Oceanic Iron Ore (OTCPK:FEOVF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Oceanic Iron Ore Equity-to-Asset Related Terms
Oceanic Iron Ore Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Oceanic Iron Ore's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Oceanic Iron Ore Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Oceanic Iron Ore Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Oceanic Iron Ore's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Oceanic Iron Ore's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Oceanic Iron Ore (FEOVF) has a Equity-to-Asset of 0.99 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Oceanic Iron Ore and its competitors. This is 11% above median its historical median of 0.89. According to the industry distribution chart, Oceanic Iron Ore ranks #59 out of 2669 companies in the Metals & Mining industry, placing it in the top 2.2%.
Is Oceanic Iron Ore's Equity-to-Asset too high?
Oceanic Iron Ore's current Equity-to-Asset of 0.99 is 11% above median its 10-year median of 0.89. The Metals & Mining industry median Equity-to-Asset is 0.80. Oceanic Iron Ore's value of 0.99 is 23.8% above this industry median. Based on the distribution chart, Oceanic Iron Ore ranks #59 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Oceanic Iron Ore has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Oceanic Iron Ore's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Oceanic Iron Ore ranks #59 out of 2669 companies for Equity-to-Asset. This places Oceanic Iron Ore in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Oceanic Iron Ore's value of 0.99 is 23.8% above this benchmark. While the company's 10-year median is 0.89 vs. the industry median of 0.80, Oceanic Iron Ore has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oceanic Iron Ore's current Equity-to-Asset of 0.99 is 23.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Oceanic Iron Ore and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanic Iron Ore's current Equity-to-Asset is 0.99, which is 11% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Iron Ore stock overvalued right now?
Oceanic Iron Ore (FEOVF) has a current Equity-to-Asset of 0.99. The current Equity-to-Asset is 0.99, which is 11% above median its 10-year median of 0.89 and 23.8% above the Metals & Mining industry median of 0.80. Oceanic Iron Ore's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Oceanic Iron Ore (FEOVF), the current Equity-to-Asset is 0.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The Company operates as a single reportable segment, being the exploration of the Property.
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