CaNickel Mining Limited
CaNickel Mining Limited, a junior mining company, focuses on the care and maintenance of its project in Canada. It holds 100% interest in the Bucko Lake mine and nickel sulfide project located near Wabowden, Manitoba. The company was formerly known as Crowflight Minerals Inc. and changed its name to CaNickel Mining Limited in June 2011. CaNickel Mining Limited was incorporated in 1937 and is head… Read more
CaNickel Mining Limited (CMLGF) - Net Assets
Latest net assets as of June 2025: $-103.05 Million USD
Based on the latest financial reports, CaNickel Mining Limited (CMLGF) has net assets worth $-103.05 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.80 Million) and total liabilities ($132.85 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 | $-103.05 Million |
| % of Total Assets | -345.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 137.05 |
CaNickel Mining Limited - Net Assets Trend (2000–2024)
This chart illustrates how CaNickel Mining 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 CaNickel Mining Limited (2000–2024)
The table below shows the annual net assets of CaNickel Mining Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-104.14 Million | +1.82% |
| 2023-12-31 | $-106.07 Million | -8.91% |
| 2022-12-31 | $-97.39 Million | -8.83% |
| 2021-12-31 | $-89.49 Million | +11.89% |
| 2020-12-31 | $-101.57 Million | -8.86% |
| 2019-12-31 | $-93.30 Million | -31.42% |
| 2018-12-31 | $-71.00 Million | -11.80% |
| 2017-12-31 | $-63.50 Million | -14.16% |
| 2016-12-31 | $-55.63 Million | -15.11% |
| 2015-12-31 | $-48.32 Million | -75.74% |
| 2014-12-31 | $-27.50 Million | -45.72% |
| 2013-12-31 | $-18.87 Million | -189.02% |
| 2012-12-31 | $-6.53 Million | -124.20% |
| 2011-12-31 | $26.98 Million | -68.49% |
| 2010-12-31 | $85.61 Million | -42.93% |
| 2009-12-31 | $150.00 Million | +15.34% |
| 2008-12-31 | $130.05 Million | +69.47% |
| 2007-12-31 | $76.74 Million | +57.08% |
| 2006-12-31 | $48.85 Million | +127.70% |
| 2005-12-31 | $21.46 Million | +34.28% |
| 2004-12-31 | $15.98 Million | +55.13% |
| 2003-12-31 | $10.30 Million | +448.29% |
| 2002-12-31 | $1.88 Million | +2.05% |
| 2001-12-31 | $1.84 Million | -9.93% |
| 2000-12-31 | $2.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CaNickel Mining 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 31254008100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $186.95 Million | % |
| Other Components | $32.87 Million | % |
| Total Equity | $-104.14 Million | 100.00% |
CaNickel Mining Limited Competitors by Market Cap
The table below lists competitors of CaNickel Mining Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EFG INTL N
MU:E2S
|
$187.37K |
|
Rockpoint Gas Storage Inc
TO:RGSI
|
$187.44K |
|
Vision Sigma
TA:VISN
|
$187.55K |
|
CHILL BRANDS GROUP LS-01
F:7HR
|
$187.55K |
|
CORBION (CSUA.SG)
STU:CSUA
|
$187.14K |
|
ORANGE BE (MOS.SG)
STU:MOS
|
$187.08K |
|
Spectre Capital Corp
V:SOO-P
|
$187.04K |
|
BankIn GloAkColThreadndl Akk A
CO:BAIGACTNAKKA
|
$186.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CaNickel Mining Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -106,072,160 to -104,138,228, a change of 1,933,932.
- Net income of 1,934,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 32,873,345.
- Other factors increased equity by 32,873,277.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.93 Million | +1.86% |
| Other Comprehensive Income | $-32.87 Million | -31.57% |
| Other Changes | $32.87 Million | +31.57% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares CaNickel Mining 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 |
|---|---|---|---|
| 2000-12-31 | $3.69 | $0.01 | x |
| 2001-12-31 | $3.26 | $0.01 | x |
| 2002-12-31 | $3.31 | $0.01 | x |
| 2003-12-31 | $12.47 | $0.01 | x |
| 2004-12-31 | $11.61 | $0.01 | x |
| 2005-12-31 | $9.88 | $0.01 | x |
| 2006-12-31 | $14.13 | $0.01 | x |
| 2007-12-31 | $13.22 | $0.01 | x |
| 2008-12-31 | $19.47 | $0.01 | x |
| 2009-12-31 | $15.37 | $0.01 | x |
| 2010-12-31 | $5.96 | $0.01 | x |
| 2011-12-31 | $0.81 | $0.01 | x |
| 2012-12-31 | $-0.17 | $0.01 | x |
| 2013-12-31 | $-0.50 | $0.01 | x |
| 2014-12-31 | $-0.73 | $0.01 | x |
| 2015-12-31 | $-1.29 | $0.01 | x |
| 2016-12-31 | $-1.48 | $0.01 | x |
| 2017-12-31 | $-1.69 | $0.01 | x |
| 2018-12-31 | $-1.89 | $0.01 | x |
| 2019-12-31 | $-2.49 | $0.01 | x |
| 2020-12-31 | $-2.71 | $0.01 | x |
| 2021-12-31 | $-2.39 | $0.01 | x |
| 2022-12-31 | $-2.62 | $0.01 | x |
| 2023-12-31 | $-2.83 | $0.01 | x |
| 2024-12-31 | $-2.78 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CaNickel Mining 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 (-22.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -28.53% | 0.00% | 0.00x | 1.12x | $-787.36K |
| 2001 | -22.93% | 0.00% | 0.00x | 1.28x | $-606.08K |
| 2002 | -20.50% | 0.00% | 0.00x | 1.42x | $-572.84K |
| 2003 | -12.83% | 0.00% | 0.00x | 1.04x | $-2.35 Million |
| 2004 | -15.83% | 0.00% | 0.00x | 1.06x | $-4.13 Million |
| 2005 | 0.60% | 0.00% | 0.00x | 1.06x | $-2.02 Million |
| 2006 | -3.55% | 0.00% | 0.00x | 1.05x | $-6.62 Million |
| 2007 | -5.82% | 0.00% | 0.00x | 1.15x | $-12.14 Million |
| 2008 | 26.51% | 0.00% | 0.00x | 1.37x | $21.47 Million |
| 2009 | -17.99% | -400.85% | 0.04x | 1.11x | $-41.98 Million |
| 2010 | -94.20% | -351.15% | 0.19x | 1.39x | $-89.21 Million |
| 2011 | -363.41% | -1038.09% | 0.14x | 2.43x | $-100.73 Million |
| 2012 | 0.00% | -343.91% | 0.24x | 0.00x | $-32.41 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.45 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.88 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.92 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.91 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $1.38 Million |
| 2018 | 0.00% | -4243.66% | 0.03x | 0.00x | $-10.30 Million |
| 2019 | 0.00% | 639.38% | 0.12x | 0.00x | $15.47 Million |
| 2020 | 0.00% | -1501.57% | 0.10x | 0.00x | $-354.24K |
| 2021 | 0.00% | 2235.80% | 0.07x | 0.00x | $21.47 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $384.91K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $2.79 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $12.35 Million |
Industry Comparison
This section compares CaNickel Mining 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 |
|---|---|---|---|---|
| CaNickel Mining Limited (CMLGF) | $-103.05 Million | -28.53% | N/A | $187.32K |
| 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 |