Nickelex Resource Corporation
Nickelex Resource Corporation, an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties. The company primarily explores for nickel and gold deposits. It holds interest in the Swift Katie property that consists of 19 contiguous mineral claims covering an area of approximately 83 square kilometers located near Salmo, British Columbia; 100… Read more
Nickelex Resource Corporation (NKLXF) - Net Assets
Latest net assets as of March 2025: $-1.30 Million USD
Based on the latest financial reports, Nickelex Resource Corporation (NKLXF) has net assets worth $-1.30 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.81K) and total liabilities ($1.32 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 | $-1.30 Million |
| % of Total Assets | -5232.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -199.86% |
| 10-Year Change | N/A |
| Growth Volatility | 236.26 |
Nickelex Resource Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Nickelex Resource Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nickelex Resource Corporation (2019–2024)
The table below shows the annual net assets of Nickelex Resource Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.32 Million | -561.94% |
| 2023-12-31 | $286.55K | -80.89% |
| 2022-12-31 | $1.50 Million | +11.55% |
| 2021-12-31 | $1.34 Million | +1.42% |
| 2020-12-31 | $1.33 Million | +244.58% |
| 2019-12-31 | $-916.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nickelex Resource Corporation'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 463005900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $18.90 Million | % |
| Total Equity | $-1.32 Million | 100.00% |
Nickelex Resource Corporation Competitors by Market Cap
The table below lists competitors of Nickelex Resource Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravern Ventures Ltd
V:BAV-H
|
$813.82K |
|
ABM Fujiya Bhd
KLSE:5198
|
$814.00K |
|
MODE GLOBAL HLDGS LS-01
F:MOC
|
$814.01K |
|
CodeLab Capital A/S
OL:CODE
|
$815.80K |
|
Wicaksana Overseas International
JK:WICO
|
$813.65K |
|
Polygon-L
TA:POLY
|
$812.87K |
|
PAYCHEX INC - Dusseldorf Stock Exchang
DU:PCX
|
$812.86K |
|
CORP. FIN. ALBA (CSV.SG)
STU:CSV
|
$812.67K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nickelex Resource Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 286,551 to -1,323,689, a change of -1,610,240 (-561.9%).
- Net loss of 1,610,240 reduced equity.
- Share repurchases of 22,000 reduced equity.
- Other factors increased equity by 22,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.61 Million | -121.65% |
| Share Repurchases | $22.00K | -1.66% |
| Other Changes | $22.00K | +1.66% |
| Total Change | $- | -561.94% |
Book Value vs Market Value Analysis
This analysis compares Nickelex Resource Corporation'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 | $-0.10 | $0.01 | x |
| 2020-12-31 | $0.02 | $0.01 | x |
| 2021-12-31 | $0.02 | $0.01 | x |
| 2022-12-31 | $0.02 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
| 2024-12-31 | $-0.15 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nickelex Resource Corporation 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 (-102.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.13 Million |
| 2020 | -91.48% | 0.00% | 0.00x | 1.84x | $-1.35 Million |
| 2021 | -84.33% | 0.00% | 0.00x | 2.02x | $-1.27 Million |
| 2022 | 0.12% | 0.00% | 0.00x | 1.72x | $-148.21K |
| 2023 | -441.45% | 0.00% | 0.00x | 5.31x | $-1.29 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.48 Million |
Industry Comparison
This section compares Nickelex Resource Corporation'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 |
|---|---|---|---|---|
| Nickelex Resource Corporation (NKLXF) | $-1.30 Million | 0.00% | N/A | $813.71K |
| 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 |