Canada Nickel Company Inc
Canada Nickel Company Inc., together with its subsidiaries, engages in the exploration, discovery, and development of nickel sulphide assets for electric vehicle, green energy, and stainless steel markets in Canada. Its flagship project is the Crawford Nickel project located in northern Ontario, Canada. The company also develops zero-carbon production of nickel, cobalt, and iron. Canada Nickel Co… Read more
Canada Nickel Company Inc (CNIKF) - Net Assets
Latest net assets as of October 2025: $223.93 Million USD
Based on the latest financial reports, Canada Nickel Company Inc (CNIKF) has net assets worth $223.93 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($284.23 Million) and total liabilities ($60.31 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 | $223.93 Million |
| % of Total Assets | 78.78% |
| Annual Growth Rate | 48.14% |
| 5-Year Change | 373.43% |
| 10-Year Change | N/A |
| Growth Volatility | 50.0 |
Canada Nickel Company Inc - Net Assets Trend (2020–2025)
This chart illustrates how Canada Nickel Company 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 Canada Nickel Company Inc (2020–2025)
The table below shows the annual net assets of Canada Nickel Company Inc from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $223.93 Million | +9.03% |
| 2024-10-31 | $205.38 Million | +31.62% |
| 2023-10-31 | $156.04 Million | +31.32% |
| 2022-10-31 | $118.83 Million | +151.23% |
| 2021-10-31 | $47.30 Million | +50.67% |
| 2020-10-31 | $31.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canada Nickel Company 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 5557031300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $280.06 Million | 126.49% |
| Total Equity | $221.41 Million | 100.00% |
Canada Nickel Company Inc Competitors by Market Cap
The table below lists competitors of Canada Nickel Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altamir SCA
PA:LTA
|
$140.55 Million |
|
Ecora Resources PLC
OTCQX:ECRAF
|
$140.56 Million |
|
Keystone Realtors Limited
NSE:RUSTOMJEE
|
$140.59 Million |
|
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
|
$140.59 Million |
|
Shanghai Yaohua Pilkington Glass Group Co Ltd B
SHG:900918
|
$140.49 Million |
|
GER.PERRIER INH. EO 05
F:80T
|
$140.49 Million |
|
MAKUS Inc
KQ:093520
|
$140.37 Million |
|
Paramount Gold Nevada Corp
NYSE MKT:PZG
|
$140.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canada Nickel Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 205,377,043 to 221,407,631, a change of 16,030,588 (7.8%).
- Net loss of 26,214,669 reduced equity.
- New share issuances of 22,163,268 increased equity.
- Other factors increased equity by 20,081,989.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-26.21 Million | -11.84% |
| Share Issuances | $22.16 Million | +10.01% |
| Other Changes | $20.08 Million | +9.07% |
| Total Change | $- | 7.81% |
Book Value vs Market Value Analysis
This analysis compares Canada Nickel Company 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
- Current price-to-book ratio: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.72x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-10-31 | $0.39 | $0.68 | x |
| 2021-10-31 | $0.54 | $0.68 | x |
| 2022-10-31 | $1.05 | $0.68 | x |
| 2023-10-31 | $1.10 | $0.68 | x |
| 2024-10-31 | $1.13 | $0.68 | x |
| 2025-10-31 | $1.03 | $0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canada Nickel Company 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): -11.84%
- 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: 1.28x
- Recent ROE (-11.84%) is below the historical average (-8.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.80% | 0.00% | 0.00x | 1.06x | $-6.22 Million |
| 2021 | -13.48% | 0.00% | 0.00x | 1.17x | $-11.11 Million |
| 2022 | -4.66% | 0.00% | 0.00x | 1.21x | $-17.42 Million |
| 2023 | -9.12% | 0.00% | 0.00x | 1.17x | $-29.83 Million |
| 2024 | -1.57% | 0.00% | 0.00x | 1.29x | $-23.76 Million |
| 2025 | -11.84% | 0.00% | 0.00x | 1.28x | $-48.36 Million |
Industry Comparison
This section compares Canada Nickel Company 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 |
|---|---|---|---|---|
| Canada Nickel Company Inc (CNIKF) | $223.93 Million | -9.80% | 0.27x | $140.53 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 |