FEOVF (Oceanic Iron Ore) Other Current Assets: $0.01 Mil (As of Mar. 2026)


FEOVF Oceanic Iron Ore Corp FEOVF
24 GF Score
Price $0.50
! 2 Warning Signs
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What is Oceanic Iron Ore Other Current Assets?

Oceanic Iron Ore FEOVF +1.73% 24 Other Current Assets is $0.01 Mil as of Mar. 2026. GuruFocus rates FEOVF with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Oceanic Iron Ore's other current assets for the quarter that ended in Mar. 2026 was $0.01 Mil.

Oceanic Iron Ore's quarterly other current assets stayed the same from Sep. 2025 ($0.00 Mil) to Dec. 2025 ($0.00 Mil) but then increased from Dec. 2025 ($0.00 Mil) to Mar. 2026 ($0.01Mil).

Oceanic Iron Ore's annual other current assets declined from Dec. 2023 ($0.01 Mil) to Dec. 2024 ($0.00 Mil) increased from Dec. 2024 ($0.00 Mil) to Dec. 2025 ($0.00 Mil).


Oceanic Iron Ore Other Current Assets Related Terms


Oceanic Iron Ore Other Current Assets Historical Data

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The historical data trend for Oceanic Iron Ore's Other Current Assets 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 Other Current Assets Chart

Oceanic Iron Ore Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.00 0.00

Oceanic Iron Ore Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.00 0.00 0.01
FEOVF
24GF Score
Oceanic Iron Ore Corp FEOVF
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceanic Iron Ore Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $0.01 Mil mean?
Oceanic Iron Ore (FEOVF) has a Other Current Assets of $0.01 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Oceanic Iron Ore.
Is Oceanic Iron Ore's Other Current Assets too high?
Oceanic Iron Ore's current Other Current Assets is $0.01 Mil. 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 Other Current Assets compare to competitors?
Oceanic Iron Ore's Other Current Assets of $0.01 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Metals & Mining company?
A good Other Current Assets depends on the Metals & Mining industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Oceanic Iron Ore. Oceanic Iron Ore's current Other Current Assets is $0.01 Mil. 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 Other Current Assets of $0.01 Mil. The current Other Current Assets is $0.01 Mil. 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 Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Oceanic Iron Ore (FEOVF), the current Other Current Assets is $0.01 Mil 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 Business Description

Other Exchanges FEO:Canada
Address 595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
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.
24GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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