FPX Nickel Corp (FPX) - Net Assets

Latest as of September 2025: CA$70.14 Million CAD ≈ $50.74 Million USD

Based on the latest financial reports, FPX Nickel Corp (FPX) has net assets worth CA$70.14 Million CAD (≈ $50.74 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 (CA$74.72 Million ≈ $54.05 Million USD) and total liabilities (CA$4.58 Million ≈ $3.31 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 FPX Nickel Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$70.14 Million
% of Total Assets	93.87%
Annual Growth Rate	12.41%
5-Year Change	476.35%
10-Year Change	4413.61%
Growth Volatility	68.36

FPX Nickel Corp - Net Assets Trend (1996–2024)

This chart illustrates how FPX Nickel Corp's net assets have evolved over time, based on quarterly financial data. Also explore FPX Nickel Corp assets under control for the complete picture of this company's asset base.

Annual Net Assets for FPX Nickel Corp (1996–2024)

The table below shows the annual net assets of FPX Nickel Corp from 1996 to 2024. For live valuation and market cap data, see FPX company net worth.

Year	Net Assets	Change
2024-12-31	CA$73.06 Million ≈ $52.85 Million	+26.91%
2023-12-31	CA$57.57 Million ≈ $41.64 Million	+38.55%
2022-12-31	CA$41.55 Million ≈ $30.06 Million	+39.57%
2021-12-31	CA$29.77 Million ≈ $21.53 Million	+134.84%
2020-12-31	CA$12.68 Million ≈ $9.17 Million	+283.19%
2019-12-31	CA$3.31 Million ≈ $2.39 Million	+17.67%
2018-12-31	CA$2.81 Million ≈ $2.03 Million	-1.99%
2017-12-31	CA$2.87 Million ≈ $2.07 Million	+73.67%
2016-12-31	CA$1.65 Million ≈ $1.19 Million	+2.03%
2015-12-31	CA$1.62 Million ≈ $1.17 Million	-57.84%
2014-12-31	CA$3.84 Million ≈ $2.78 Million	-49.67%
2013-12-31	CA$7.63 Million ≈ $5.52 Million	-3.46%
2012-12-31	CA$7.90 Million ≈ $5.72 Million	-28.71%
2011-12-31	CA$11.08 Million ≈ $8.02 Million	+1.49%
2010-12-31	CA$10.92 Million ≈ $7.90 Million	+153.94%
2009-12-31	CA$4.30 Million ≈ $3.11 Million	+40.08%
2008-12-31	CA$3.07 Million ≈ $2.22 Million	-27.30%
2007-12-31	CA$4.22 Million ≈ $3.05 Million	-34.63%
2006-12-31	CA$6.46 Million ≈ $4.67 Million	+31.53%
2005-12-31	CA$4.91 Million ≈ $3.55 Million	+10.13%
2004-12-31	CA$4.46 Million ≈ $3.23 Million	-16.77%
2003-12-31	CA$5.36 Million ≈ $3.88 Million	+39.15%
2002-12-31	CA$3.85 Million ≈ $2.79 Million	+52.41%
2001-12-31	CA$2.53 Million ≈ $1.83 Million	+11.40%
2000-12-31	CA$2.27 Million ≈ $1.64 Million	+32.73%
1999-12-31	CA$1.71 Million ≈ $1.24 Million	+3.74%
1998-12-31	CA$1.65 Million ≈ $1.19 Million	-17.41%
1997-12-31	CA$1.99 Million ≈ $1.44 Million	-27.87%
1996-12-31	CA$2.76 Million ≈ $2.00 Million	--

Equity Component Analysis

This analysis shows how different components contribute to FPX Nickel Corp'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 5264804000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$124.57 Million	173.88%
Total Equity	CA$71.64 Million	100.00%

FPX Nickel Corp Competitors by Market Cap

The table below lists competitors of FPX Nickel Corp ranked by their market capitalization.

Company	Market Cap
The Joint Corp NASDAQ:JYNT	$127.47 Million
Panoro Minerals Ltd. V:PML	$127.49 Million
Li-FT Power Ltd. F:WS0	$127.53 Million
Silver One Resources Inc V:SVE	$127.69 Million
Lalin Property Public Company Limited BK:LALIN	$127.43 Million
Pyrum Innovations AG OL:PYRUM	$127.38 Million
Business Online PCL BK:BOL	$127.36 Million
Rav Bariach 08 Industries Ltd TA:BRIH	$127.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FPX Nickel Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 56,055,722 to 71,640,761, a change of 15,585,039 (27.8%).
Net loss of 2,713,112 reduced equity.
Share repurchases of 53,450 reduced equity.
New share issuances of 18,761,500 increased equity.
Other comprehensive income decreased equity by 924,819.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-2.71 Million	-3.79%
Share Repurchases	CA$53.45K	-0.07%
Share Issuances	CA$18.76 Million	+26.19%
Other Comprehensive Income	CA$-924.82K	-1.29%
Other Changes	CA$514.92K	+0.72%
Total Change	CA$-	27.80%

Book Value vs Market Value Analysis

This analysis compares FPX Nickel Corp'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: 2.46x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.03x to 2.46x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1996-12-31	CA$0.54	CA$0.56	x
1997-12-31	CA$0.24	CA$0.56	x
1998-12-31	CA$0.16	CA$0.56	x
1999-12-31	CA$0.16	CA$0.56	x
2000-12-31	CA$0.16	CA$0.56	x
2001-12-31	CA$0.15	CA$0.56	x
2002-12-31	CA$0.17	CA$0.56	x
2003-12-31	CA$0.22	CA$0.56	x
2004-12-31	CA$0.14	CA$0.56	x
2005-12-31	CA$0.13	CA$0.56	x
2006-12-31	CA$0.14	CA$0.56	x
2007-12-31	CA$0.08	CA$0.56	x
2008-12-31	CA$0.06	CA$0.56	x
2009-12-31	CA$0.07	CA$0.56	x
2010-12-31	CA$0.14	CA$0.56	x
2011-12-31	CA$0.12	CA$0.56	x
2012-12-31	CA$0.08	CA$0.56	x
2013-12-31	CA$0.08	CA$0.56	x
2014-12-31	CA$0.04	CA$0.56	x
2015-12-31	CA$0.02	CA$0.56	x
2016-12-31	CA$0.01	CA$0.56	x
2017-12-31	CA$0.02	CA$0.56	x
2018-12-31	CA$0.02	CA$0.56	x
2019-12-31	CA$0.02	CA$0.56	x
2020-12-31	CA$0.08	CA$0.56	x
2021-12-31	CA$0.14	CA$0.56	x
2022-12-31	CA$0.18	CA$0.56	x
2023-12-31	CA$0.21	CA$0.56	x
2024-12-31	CA$0.23	CA$0.56	x

Capital Efficiency Dashboard

This dashboard shows how efficiently FPX Nickel Corp 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): -3.79%
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: 1.08x
Recent ROE (-3.79%) is above the historical average (-35.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1996	-9.77%	-26993900.00%	0.00x	1.05x	CA$-546.36K
1997	-47.41%	-94525000.00%	0.00x	1.01x	CA$-1.14 Million
1998	-74.23%	-61127200.00%	0.00x	1.01x	CA$-1.39 Million
1999	-23.19%	-19806850.00%	0.00x	1.02x	CA$-566.99K
2000	-21.90%	-49661200.00%	0.00x	1.03x	CA$-723.39K
2001	-9.68%	0.00%	0.00x	1.04x	CA$-497.16K
2002	-15.11%	-4316.81%	0.00x	1.00x	CA$-966.94K
2003	-16.24%	0.00%	0.00x	1.00x	CA$-1.41 Million
2004	-24.11%	0.00%	0.00x	1.01x	CA$-1.52 Million
2005	-7.85%	0.00%	0.00x	1.02x	CA$-876.57K
2006	-6.19%	0.00%	0.00x	1.01x	CA$-1.05 Million
2007	-70.94%	0.00%	0.00x	1.01x	CA$-3.42 Million
2008	-26.53%	0.00%	0.00x	1.03x	CA$-1.12 Million
2009	-15.18%	0.00%	0.00x	1.02x	CA$-1.08 Million
2010	-22.61%	0.00%	0.00x	1.01x	CA$-3.56 Million
2011	-31.46%	0.00%	0.00x	1.00x	CA$-4.59 Million
2012	-75.01%	0.00%	0.00x	1.02x	CA$-6.72 Million
2013	-30.52%	0.00%	0.00x	1.01x	CA$-3.09 Million
2014	-101.60%	0.00%	0.00x	1.01x	CA$-4.28 Million
2015	-141.85%	0.00%	0.00x	5.78x	CA$-2.46 Million
2016	-50.33%	0.00%	0.00x	5.48x	CA$-996.37K
2017	-22.09%	0.00%	0.00x	3.47x	CA$-920.48K
2018	-68.01%	0.00%	0.00x	3.86x	CA$-2.19 Million
2019	-51.90%	0.00%	0.00x	3.48x	CA$-2.05 Million
2020	-18.25%	0.00%	0.00x	1.29x	CA$-3.58 Million
2021	-13.01%	0.00%	0.00x	1.02x	CA$-6.85 Million
2022	-9.12%	0.00%	0.00x	1.06x	CA$-7.64 Million
2023	-7.74%	0.00%	0.00x	1.07x	CA$-9.95 Million
2024	-3.79%	0.00%	0.00x	1.08x	CA$-9.88 Million

Industry Comparison

This section compares FPX Nickel Corp'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
FPX Nickel Corp (FPX)	CA$70.14 Million	-9.77%	0.07x	$127.47 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 FPX Nickel Corp

V:FPX Canada Other Industrial Metals & Mining

Market Cap

$127.47 Million

CA$176.22 Million CAD

Market Cap Rank

#18256 Global

#602 in Canada

Share Price

CA$0.56

Change (1 day)

+7.69%

52-Week Range

CA$0.23 - CA$0.66

All Time High

CA$0.90