Nicola Mining Inc
Nicola Mining Inc., a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 31 continuous mineral claims covering 2,200 hectares, and 1 mineral lease cove… Read more
Nicola Mining Inc (HUSIF) - Net Assets
Latest net assets as of September 2025: $-3.85 Million USD
Based on the latest financial reports, Nicola Mining Inc (HUSIF) has net assets worth $-3.85 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.76 Million) and total liabilities ($17.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.85 Million |
| % of Total Assets | -27.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | -5036.04% |
| 10-Year Change | N/A |
| Growth Volatility | 207.93 |
Nicola Mining Inc - Net Assets Trend (2013–2024)
This chart illustrates how Nicola Mining Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nicola Mining Inc (2013–2024)
The table below shows the annual net assets of Nicola Mining Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-9.81 Million | -256.27% |
| 2023-12-31 | $6.28 Million | +202.68% |
| 2022-12-31 | $2.08 Million | +146.61% |
| 2021-12-31 | $841.42K | +323.17% |
| 2020-12-31 | $198.84K | -78.96% |
| 2019-12-31 | $945.21K | +127.95% |
| 2018-12-31 | $-3.38 Million | -17.80% |
| 2017-12-31 | $-2.87 Million | +31.39% |
| 2016-12-31 | $-4.18 Million | +16.07% |
| 2015-12-31 | $-4.98 Million | -3419.16% |
| 2014-12-31 | $-141.65K | +99.16% |
| 2013-12-31 | $-16.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nicola Mining Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4851573000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $101.63 Million | % |
| Total Equity | $-9.81 Million | 100.00% |
Nicola Mining Inc Competitors by Market Cap
The table below lists competitors of Nicola Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sucro Limited
V:SUGR
|
$44.24 Million |
|
Gentoo Media
ST:G2M
|
$44.25 Million |
|
Serrano 61 Desarrollo SOCIMI SA
MC:YSRR
|
$44.29 Million |
|
Scott Technology Limited
PINK:SCTTF
|
$44.30 Million |
|
Empresas Gasco S.A
SN:GASCO
|
$44.20 Million |
|
Sungei Bagan Rubber Malaya
KLSE:2569
|
$44.19 Million |
|
DIGITAL CHOSUN Inc
KQ:033130
|
$44.18 Million |
|
Song Shang Electronics Co Ltd
TWO:6156
|
$44.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nicola Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,280,560 to -9,814,620, a change of -16,095,180 (-256.3%).
- Net loss of 5,230,946 reduced equity.
- New share issuances of 1,669,604 increased equity.
- Other factors decreased equity by 12,533,838.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.23 Million | -53.3% |
| Share Issuances | $1.67 Million | +17.01% |
| Other Changes | $-12.53 Million | -127.71% |
| Total Change | $- | -256.27% |
Book Value vs Market Value Analysis
This analysis compares Nicola Mining Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.28 | x |
| 2016-12-31 | $0.00 | $0.28 | x |
| 2017-12-31 | $-0.02 | $0.28 | x |
| 2018-12-31 | $-0.01 | $0.28 | x |
| 2019-12-31 | $0.00 | $0.28 | x |
| 2020-12-31 | $0.00 | $0.28 | x |
| 2021-12-31 | $0.00 | $0.28 | x |
| 2022-12-31 | $0.01 | $0.28 | x |
| 2023-12-31 | $0.04 | $0.28 | x |
| 2024-12-31 | $-0.06 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nicola Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -639.36%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-146.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.05 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-253.55K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.16 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.84 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.47 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.97 Million |
| 2019 | 160.89% | 0.00% | 0.00x | 11.71x | $1.43 Million |
| 2020 | -1453.64% | 0.00% | 0.00x | 57.08x | $-2.91 Million |
| 2021 | -404.70% | 0.00% | 0.00x | 14.69x | $-3.49 Million |
| 2022 | -2.55% | 0.00% | 0.00x | 8.95x | $-260.33K |
| 2023 | -52.95% | -205.56% | 0.06x | 4.10x | $-3.95 Million |
| 2024 | 0.00% | -639.36% | 0.08x | 0.00x | $-4.25 Million |
Industry Comparison
This section compares Nicola Mining Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nicola Mining Inc (HUSIF) | $-3.85 Million | 0.00% | N/A | $44.22 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |