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Oceanic Iron Ore (TSXV:FEO) FCF Yield % : -4.66 (As of May. 26, 2024)


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What is Oceanic Iron Ore FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Oceanic Iron Ore's Trailing 12-Month Free Cash Flow is C$-0.31 Mil, and Market Cap is C$6.57 Mil. Therefore, Oceanic Iron Ore's FCF Yield % for today is -4.66%.

The historical rank and industry rank for Oceanic Iron Ore's FCF Yield % or its related term are showing as below:

TSXV:FEO' s FCF Yield % Range Over the Past 10 Years
Min: -10.81   Med: 0   Max: 0
Current: -4.66


TSXV:FEO's FCF Yield % is ranked better than
69.69% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.24 vs TSXV:FEO: -4.66

Oceanic Iron Ore's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Oceanic Iron Ore FCF Yield % Historical Data

The historical data trend for Oceanic Iron Ore's FCF Yield % 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.

* Premium members only.

Oceanic Iron Ore FCF Yield % Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.81 -1.16 -8.76 -9.77 -3.61

Oceanic Iron Ore Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % 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 -1.03 -3.91 -3.86 -8.29 -0.69

Competitive Comparison of Oceanic Iron Ore's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore's FCF Yield %, along with its competitors' market caps and FCF Yield % 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's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Oceanic Iron Ore's FCF Yield % falls into.



Oceanic Iron Ore FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Oceanic Iron Ore's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.231 / 6.39108
=-3.61%

Oceanic Iron Ore's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.011 * 4 / 6.39108
=-0.69%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Oceanic Iron Ore FCF Yield % Related Terms

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Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
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.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director