Power Nickel Inc.
Power Metallic Mines Inc., an exploration company, engages in the acquisition and exploration of mineral resources in Chile and Canada. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship project is the Nisk property located near Nemaska in Quebec, Canada. The company was formerly known as Power Nickel Inc. and changed its name to Power Me… Read more
Power Nickel Inc. (PNPNF) - Net Assets
Latest net assets as of September 2025: $12.79 Million USD
Based on the latest financial reports, Power Nickel Inc. (PNPNF) has net assets worth $12.79 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 ($33.95 Million) and total liabilities ($21.16 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 | $12.79 Million |
| % of Total Assets | 37.68% |
| Annual Growth Rate | 4.76% |
| 5-Year Change | N/A |
| 10-Year Change | 23.17% |
| Growth Volatility | 65.32 |
Power Nickel Inc. - Net Assets Trend (2001–2024)
This chart illustrates how Power Nickel 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 Power Nickel Inc. (2001–2024)
The table below shows the annual net assets of Power Nickel Inc. from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.58 Million | +279.97% |
| 2023-12-31 | $-2.55 Million | -213.37% |
| 2022-12-31 | $-812.48K | -18.27% |
| 2021-12-31 | $-686.94K | +47.85% |
| 2020-12-31 | $-1.32 Million | +50.66% |
| 2019-12-31 | $-2.67 Million | -80.49% |
| 2018-12-31 | $-1.48 Million | -40.51% |
| 2017-12-31 | $-1.05 Million | -112.59% |
| 2016-12-31 | $8.37 Million | +124.88% |
| 2015-12-31 | $3.72 Million | -11.99% |
| 2014-12-31 | $4.23 Million | -12.42% |
| 2013-12-31 | $4.83 Million | -80.11% |
| 2012-12-31 | $24.27 Million | +2.14% |
| 2011-12-31 | $23.76 Million | +12.71% |
| 2010-12-31 | $21.08 Million | +26.95% |
| 2009-12-31 | $16.60 Million | -4.27% |
| 2008-12-31 | $17.35 Million | -26.39% |
| 2007-12-31 | $23.56 Million | +107.24% |
| 2006-12-31 | $11.37 Million | +110.29% |
| 2005-12-31 | $5.41 Million | +28.23% |
| 2004-12-31 | $4.22 Million | +20.96% |
| 2003-12-31 | $3.49 Million | +111.61% |
| 2002-12-31 | $1.65 Million | +4.70% |
| 2001-12-31 | $1.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Nickel 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 10178714400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $99.52 Million | 2172.01% |
| Other Comprehensive Income | $6.90 Million | 150.55% |
| Other Components | $4.80 Million | 104.75% |
| Total Equity | $4.58 Million | 100.00% |
Power Nickel Inc. Competitors by Market Cap
The table below lists competitors of Power Nickel Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polimex-Mostostal S.A.
WAR:PXM
|
$176.81 Million |
|
Jupiter Mines Ltd
AU:JMS
|
$176.85 Million |
|
Calix Limited
PINK:CLXLF
|
$176.92 Million |
|
OKEA A.S. NK-1
F:3SX
|
$176.95 Million |
|
Anima Holding SpA
F:124
|
$176.71 Million |
|
Lanzhou Huanghe Enterprise Co Ltd
SHE:000929
|
$176.68 Million |
|
JAKKS Pacific Inc
NASDAQ:JAKK
|
$176.62 Million |
|
Sovereign Metals Limited
OTCQX:SVMLF
|
$176.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Nickel Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,546,048 to 4,582,029, a change of 7,128,077.
- Net loss of 21,001,914 reduced equity.
- New share issuances of 22,640,473 increased equity.
- Other comprehensive income increased equity by 3,593,664.
- Other factors increased equity by 1,895,854.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.00 Million | -458.35% |
| Share Issuances | $22.64 Million | +494.11% |
| Other Comprehensive Income | $3.59 Million | +78.43% |
| Other Changes | $1.90 Million | +41.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Power Nickel 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: 31.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.09x to 31.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $9.06 | $0.83 | x |
| 2002-12-31 | $8.71 | $0.83 | x |
| 2003-12-31 | $14.68 | $0.83 | x |
| 2004-12-31 | $16.54 | $0.83 | x |
| 2005-12-31 | $15.78 | $0.83 | x |
| 2006-12-31 | $27.62 | $0.83 | x |
| 2007-12-31 | $36.60 | $0.83 | x |
| 2008-12-31 | $22.50 | $0.83 | x |
| 2009-12-31 | $21.53 | $0.83 | x |
| 2010-12-31 | $24.62 | $0.83 | x |
| 2011-12-31 | $20.44 | $0.83 | x |
| 2012-12-31 | $17.48 | $0.83 | x |
| 2013-12-31 | $3.03 | $0.83 | x |
| 2014-12-31 | $2.03 | $0.83 | x |
| 2015-12-31 | $1.48 | $0.83 | x |
| 2016-12-31 | $1.97 | $0.83 | x |
| 2017-12-31 | $-0.14 | $0.83 | x |
| 2018-12-31 | $-0.13 | $0.83 | x |
| 2019-12-31 | $-0.19 | $0.83 | x |
| 2020-12-31 | $-0.06 | $0.83 | x |
| 2021-12-31 | $-0.01 | $0.83 | x |
| 2022-12-31 | $-0.01 | $0.83 | x |
| 2023-12-31 | $-0.02 | $0.83 | x |
| 2024-12-31 | $0.03 | $0.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Nickel 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): -458.35%
- 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: 1.70x
- Recent ROE (-458.35%) is below the historical average (-46.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.86% | 0.00% | 0.00x | 1.09x | $-249.54K |
| 2002 | -4.93% | 0.00% | 0.00x | 1.17x | $-245.98K |
| 2003 | -15.17% | 0.00% | 0.00x | 1.04x | $-877.52K |
| 2004 | -18.62% | 0.00% | 0.00x | 1.03x | $-1.21 Million |
| 2005 | -18.78% | 0.00% | 0.00x | 1.05x | $-1.56 Million |
| 2006 | -19.59% | 0.00% | 0.00x | 1.05x | $-3.37 Million |
| 2007 | -8.79% | 0.00% | 0.00x | 1.05x | $-4.43 Million |
| 2008 | -35.30% | 0.00% | 0.00x | 1.01x | $-7.86 Million |
| 2009 | -5.19% | 0.00% | 0.00x | 1.00x | $-2.52 Million |
| 2010 | -10.66% | 0.00% | 0.00x | 1.01x | $-4.36 Million |
| 2011 | -14.04% | 0.00% | 0.00x | 1.05x | $-5.71 Million |
| 2012 | -10.27% | 0.00% | 0.00x | 1.05x | $-4.92 Million |
| 2013 | -404.75% | 0.00% | 0.00x | 1.74x | $-20.02 Million |
| 2014 | -38.86% | 0.00% | 0.00x | 1.11x | $-2.07 Million |
| 2015 | -16.31% | 0.00% | 0.00x | 1.32x | $-978.64K |
| 2016 | -24.63% | 0.00% | 0.00x | 1.08x | $-2.90 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.38 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.00 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-923.69K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.91 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.24 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.16 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.56 Million |
| 2024 | -458.35% | 0.00% | 0.00x | 1.70x | $-21.46 Million |
Industry Comparison
This section compares Power Nickel 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 |
|---|---|---|---|---|
| Power Nickel Inc. (PNPNF) | $12.79 Million | -5.86% | 1.65x | $176.76 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 |