Canada Nickel Company Inc (CNC) - Net Assets

Latest as of October 2025: CA$223.93 Million CAD ≈ $161.99 Million USD

Based on the latest financial reports, Canada Nickel Company Inc (CNC) has net assets worth CA$223.93 Million CAD (≈ $161.99 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 (CA$284.23 Million ≈ $205.61 Million USD) and total liabilities (CA$60.31 Million ≈ $43.62 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. Check CNC asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$223.93 Million
% of Total Assets 78.78%
Annual Growth Rate 75.7%
5-Year Change 373.43%
10-Year Change 165121.88%
Growth Volatility 153.55

Canada Nickel Company Inc - Net Assets Trend (2011–2025)

This chart illustrates how Canada Nickel Company Inc's net assets have evolved over time, based on quarterly financial data. Also explore CNC asset base for the complete picture of this company's asset base.

Annual Net Assets for Canada Nickel Company Inc (2011–2025)

The table below shows the annual net assets of Canada Nickel Company Inc from 2011 to 2025. For live valuation and market cap data, see how much is Canada Nickel Company Inc worth.

Year Net Assets Change
2025-10-31 CA$223.93 Million
≈ $161.99 Million		 +9.03%
2024-10-31 CA$205.38 Million
≈ $148.57 Million		 +31.62%
2023-10-31 CA$156.04 Million
≈ $112.88 Million		 +31.32%
2022-10-31 CA$118.83 Million
≈ $85.96 Million		 +151.23%
2021-10-31 CA$47.30 Million
≈ $34.22 Million		 +50.67%
2020-10-31 CA$31.39 Million
≈ $22.71 Million		 +5065.05%
2017-10-31 CA$-632.26K
≈ $-457.37K		 -93.04%
2016-10-31 CA$-327.53K
≈ $-236.93K		 -53.65%
2015-10-31 CA$-213.17K
≈ $-154.21K		 -257.29%
2014-10-31 CA$135.53K
≈ $98.04K		 +705.24%
2013-10-31 CA$-22.39K
≈ $-16.20K		 +85.61%
2012-10-31 CA$-155.65K
≈ $-112.60K		 -285.86%
2011-10-31 CA$83.75K
≈ $60.58K		 --

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 3680981700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (October 2025)

Component Amount Percentage
Other Components CA$280.06 Million 126.49%
Total Equity CA$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
Know Labs Inc.
NYSE MKT:KNW
 $310.88 Million
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
 $310.97 Million
CellaVision AB
ST:CEVI
 $311.10 Million
Medios AG
XETRA:ILM1
 $311.23 Million
Maritima De In
SN:MARINSA
 $310.82 Million
Grupo Gicsa S.A. de C.V
MX:GICSAB
 $310.80 Million
GP-Act III Acquisition Corp. Class A Ordinary Share
NASDAQ:GPAT
 $310.79 Million
Centurion Acquisition Corp.
NASDAQ:ALF
 $310.79 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 CA$-26.21 Million -11.84%
Share Issuances CA$22.16 Million +10.01%
Other Changes CA$20.08 Million +9.07%
Total Change CA$- 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: 1.74x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 4.56x to 1.74x 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 CA$0.39 CA$1.79 x
2021-10-31 CA$0.56 CA$1.79 x
2022-10-31 CA$1.15 CA$1.79 x
2023-10-31 CA$1.19 CA$1.79 x
2024-10-31 CA$1.13 CA$1.79 x
2025-10-31 CA$1.03 CA$1.79 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 above the historical average (-110.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 -1017.71% 0.00% 0.00x 15.90x CA$-860.66K
2012 0.00% 0.00% 0.00x 0.00x CA$-582.28K
2013 0.00% 0.00% 0.00x 0.00x CA$-603.38K
2014 -366.71% 0.00% 0.00x 1.99x CA$-510.56K
2015 0.00% 0.00% 0.00x 0.00x CA$-371.39K
2016 0.00% 0.00% 0.00x 0.00x CA$-81.61K
2017 0.00% 0.00% 0.00x 0.00x CA$-383.15K
2020 -9.80% 0.00% 0.00x 1.06x CA$-6.22 Million
2021 -13.48% 0.00% 0.00x 1.17x CA$-11.11 Million
2022 -4.66% 0.00% 0.00x 1.21x CA$-17.42 Million
2023 -9.12% 0.00% 0.00x 1.17x CA$-29.83 Million
2024 -1.57% 0.00% 0.00x 1.29x CA$-23.76 Million
2025 -11.84% 0.00% 0.00x 1.28x CA$-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: $14,613,271
  • Average return on equity (ROE) among peers: -28.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Canada Nickel Company Inc (CNC) CA$223.93 Million -1017.71% 0.27x $310.82 Million
Aftermath Silver Ltd (AAG) $1.38 Million -190.49% 0.19x $185.75 Million
Aton Resources Inc (AAN) $-9.49 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.75 Million
Asiabasemetals Inc (ABZ) $-637.51K 0.00% 0.00x $4.67 Million
Adex Mining Inc (ADE) $-2.16 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $71.72 Million -9.02% 0.02x $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) $29.17 Million -31.05% 4.18x $4.73 Billion
Aldebaran Resources Inc (ALDE) $1.00 0.00% 0.00x $332.39 Million

About Canada Nickel Company Inc

V:CNC Canada Other Industrial Metals & Mining
Market Cap
$310.82 Million
CA$429.67 Million CAD
Market Cap Rank
#14803 Global
#435 in Canada
Share Price
CA$1.79
Change (1 day)
-0.56%
52-Week Range
CA$0.77 - CA$2.54
All Time High
CA$4.39
Categories
Companies in Canada Other Industrial Metals & Mining
About

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