CaNickel Mining Ltd (CML) - Net Assets
Based on the latest financial reports, CaNickel Mining Ltd (CML) has net assets worth CA$-103.23 Million CAD (≈ $-74.68 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 (CA$29.38 Million ≈ $21.26 Million USD) and total liabilities (CA$132.62 Million ≈ $95.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read CaNickel Mining Ltd (CML) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-103.23 Million |
| % of Total Assets | -351.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
CaNickel Mining Ltd - Net Assets Trend (2013–2024)
This chart illustrates how CaNickel Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of CaNickel Mining Ltd for the complete picture of this company's asset base.
Annual Net Assets for CaNickel Mining Ltd (2013–2024)
The table below shows the annual net assets of CaNickel Mining Ltd from 2013 to 2024. For live valuation and market cap data, see CML stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-104.14 Million ≈ $-75.33 Million |
+1.82% |
| 2023-12-31 | CA$-106.07 Million ≈ $-76.73 Million |
-7.95% |
| 2022-12-31 | CA$-98.26 Million ≈ $-71.08 Million |
-10.63% |
| 2021-12-31 | CA$-88.82 Million ≈ $-64.25 Million |
+12.36% |
| 2020-12-31 | CA$-101.34 Million ≈ $-73.31 Million |
-11.57% |
| 2019-12-31 | CA$-90.83 Million ≈ $-65.70 Million |
+6.33% |
| 2018-12-31 | CA$-96.97 Million ≈ $-70.14 Million |
-21.87% |
| 2017-12-31 | CA$-79.57 Million ≈ $-57.56 Million |
-6.66% |
| 2016-12-31 | CA$-74.60 Million ≈ $-53.96 Million |
-11.13% |
| 2015-12-31 | CA$-67.13 Million ≈ $-48.56 Million |
-144.12% |
| 2014-12-31 | CA$-27.50 Million ≈ $-19.89 Million |
-45.72% |
| 2013-12-31 | CA$-18.87 Million ≈ $-13.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CaNickel Mining Ltd'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 8526749800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$219.83 Million | % |
| Total Equity | CA$-104.14 Million | 100.00% |
CaNickel Mining Ltd Competitors by Market Cap
The table below lists competitors of CaNickel Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bessor Minerals Inc
V:BST
|
$678.95K |
|
Contagious Gaming Inc
V:CNS
|
$680.25K |
|
Yuilrobotics Co. Ltd.
KQ:388720
|
$681.34K |
|
Discovery-Corp Enterprises Inc.
V:DCY
|
$681.93K |
|
Helium One Global Ltd
LSE:HE1
|
$675.40K |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
$672.68K |
|
Lilium NV
NASDAQ:LILM
|
$671.84K |
|
SIERRA GRANDE MINERALS
F:SRR0
|
$668.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CaNickel Mining Ltd'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 1,933,932 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.93 Million | +1.86% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares CaNickel Mining Ltd'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 |
|---|---|---|---|
| 2017-12-31 | CA$-2.12 | CA$0.03 | x |
| 2018-12-31 | CA$-2.58 | CA$0.03 | x |
| 2019-12-31 | CA$-2.42 | CA$0.03 | x |
| 2020-12-31 | CA$-2.70 | CA$0.03 | x |
| 2021-12-31 | CA$-2.37 | CA$0.03 | x |
| 2022-12-31 | CA$-2.62 | CA$0.03 | x |
| 2023-12-31 | CA$-2.83 | CA$0.03 | x |
| 2024-12-31 | CA$-2.78 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CaNickel Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-10.45 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.88 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-33.03 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-11.23K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$2.99 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-7.70 Million |
| 2019 | 0.00% | 639.38% | 0.12x | 0.00x | CA$15.22 Million |
| 2020 | 0.00% | -1501.55% | 0.10x | 0.00x | CA$-376.98K |
| 2021 | 0.00% | 2235.80% | 0.07x | 0.00x | CA$21.40 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$384.79K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$2.79 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$12.35 Million |
Industry Comparison
This section compares CaNickel Mining Ltd'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CaNickel Mining Ltd (CML) | CA$-103.23 Million | 0.00% | N/A | $678.54K |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About CaNickel Mining Ltd
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