Class 1 Nickel and Technologies Limited
Class 1 Nickel and Technologies Limited engages in the mining, exploration, and development of minerals and base metals in Canada. The company primarily explores for nickel, copper, and cobalt sulphide deposits. Its flagship project is the Alexo-Dundonald project consists of 29 patented claims, 40 leased claims, 21 single cell mining claims, and five boundary cell mining claims that covers an app… Read more
Class 1 Nickel and Technologies Limited (NICLF) - Net Assets
Latest net assets as of September 2025: $-2.18 Million USD
Based on the latest financial reports, Class 1 Nickel and Technologies Limited (NICLF) has net assets worth $-2.18 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 ($657.98K) and total liabilities ($2.84 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 | $-2.18 Million |
| % of Total Assets | -331.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | -131.23% |
| 10-Year Change | N/A |
| Growth Volatility | 1299.52 |
Class 1 Nickel and Technologies Limited - Net Assets Trend (2019–2024)
This chart illustrates how Class 1 Nickel and Technologies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Class 1 Nickel and Technologies Limited (2019–2024)
The table below shows the annual net assets of Class 1 Nickel and Technologies Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.09 Million | +43.35% |
| 2023-12-31 | $-1.93 Million | -30.46% |
| 2022-12-31 | $-1.48 Million | -228.29% |
| 2021-12-31 | $1.15 Million | -67.06% |
| 2020-12-31 | $3.50 Million | +2605.49% |
| 2019-12-31 | $129.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Class 1 Nickel and Technologies Limited'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 2583243100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.30 Million | % |
| Total Equity | $-1.09 Million | 100.00% |
Class 1 Nickel and Technologies Limited Competitors by Market Cap
The table below lists competitors of Class 1 Nickel and Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tanachira Retail Corporation Public Company Limited
BK:TAN
|
$6.25 Million |
|
Above Food Ingredients Inc. Warrants
NASDAQ:ABVEW
|
$6.25 Million |
|
Genus Paper & Boards Limited
NSE:GENUSPAPER
|
$6.25 Million |
|
Fortuna Metals Limited
AU:FUN
|
$6.25 Million |
|
Kerlink SAS
PA:ALKLK
|
$6.25 Million |
|
Pritika Auto Industries Limited
NSE:PRITIKAUTO
|
$6.25 Million |
|
Daehan Green Power Corporation
KQ:060900
|
$6.25 Million |
|
Indopoly Swakarsa Industry Tbk
JK:IPOL
|
$6.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Class 1 Nickel and Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,930,997 to -1,093,877, a change of 837,120.
- Net loss of 2,044,711 reduced equity.
- New share issuances of 2,046,663 increased equity.
- Other factors increased equity by 835,168.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.04 Million | -186.92% |
| Share Issuances | $2.05 Million | +187.1% |
| Other Changes | $835.17K | +76.35% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Class 1 Nickel and Technologies Limited'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 |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.16 | x |
| 2020-12-31 | $0.03 | $0.16 | x |
| 2021-12-31 | $0.01 | $0.16 | x |
| 2022-12-31 | $-0.01 | $0.16 | x |
| 2023-12-31 | $-0.01 | $0.16 | x |
| 2024-12-31 | $-0.01 | $0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Class 1 Nickel and Technologies Limited 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-430.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1205.12% | -5949.46% | 0.13x | 1.54x | $-1.57 Million |
| 2020 | -49.52% | 0.00% | 0.00x | 1.15x | $-2.08 Million |
| 2021 | -1329.99% | 0.00% | 0.00x | 2.34x | $-15.46 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.45 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.83 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.94 Million |
Industry Comparison
This section compares Class 1 Nickel and Technologies Limited'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 |
|---|---|---|---|---|
| Class 1 Nickel and Technologies Limited (NICLF) | $-2.18 Million | -1205.12% | N/A | $6.25 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 |