Nickel Industries Ltd

AU:NIC Australia Other Industrial Metals & Mining
Market Cap
$2.53 Billion
AU$4.08 Billion AUD
Market Cap Rank
#6682 Global
#67 in Australia
Share Price
AU$0.94
Change (1 day)
+0.53%
52-Week Range
AU$0.43 - AU$1.04
All Time High
AU$1.45
About

Nickel Industries Limited engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities. It also produces mixed hydroxide precipitate for use in the electric vehicle supply chain. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. The company was incorporated in 2007 and is based in Sydney, Austral… Read more

Nickel Industries Ltd (NIC) - Total Assets

Latest total assets as of December 2025: AU$4.27 Billion AUD

Based on the latest financial reports, Nickel Industries Ltd (NIC) holds total assets worth AU$4.27 Billion AUD as of December 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Nickel Industries Ltd - Total Assets Trend (2014–2025)

This chart illustrates how Nickel Industries Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Nickel Industries Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Nickel Industries Ltd's total assets of AU$4.27 Billion consist of 27.1% current assets and 72.9% non-current assets.

Asset Category Amount (AUD) % of Total Assets
Cash & Equivalents AU$323.33 Million 8.4%
Accounts Receivable AU$549.21 Million 12.9%
Inventory AU$224.37 Million 5.3%
Property, Plant & Equipment AU$1.56 Billion 36.6%
Intangible Assets AU$70.43 Million 1.7%
Goodwill AU$47.38 Million 1.1%

Asset Composition Trend (2014–2025)

This chart illustrates how Nickel Industries Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Nickel Industries Ltd's current assets represent 27.1% of total assets in 2025, an increase from 7.2% in 2014.
  • Cash Position: Cash and equivalents constituted 8.4% of total assets in 2025, up from 1.5% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2014.
  • Asset Diversification: The largest asset category is property, plant & equipment at 36.6% of total assets.

Nickel Industries Ltd Competitors by Total Assets

Key competitors of Nickel Industries Ltd based on total assets are shown below.

Nickel Industries Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.09 - 0.68

Lower asset utilization - Nickel Industries Ltd generates 0.40x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -13.95% - 13.01%

Negative ROA - Nickel Industries Ltd is currently not profitable relative to its asset base.

Nickel Industries Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.85 2.10 9.33
Quick Ratio 1.49 1.70 8.27
Cash Ratio 0.52 0.59 4.70
Working Capital AU$530.74 Million AU$ 388.94 Million AU$ 623.25 Million

Nickel Industries Ltd - Advanced Valuation Insights

This section examines the relationship between Nickel Industries Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.34
Latest Market Cap to Assets Ratio 0.28
Asset Growth Rate (YoY) 9.5%
Total Assets AU$4.27 Billion
Market Capitalization $1.17 Billion USD

Valuation Analysis

Below Book Valuation: The market values Nickel Industries Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Nickel Industries Ltd's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Nickel Industries Ltd (2014–2025)

The table below shows the annual total assets of Nickel Industries Ltd from 2014 to 2025.

Year Total Assets Change
2025-12-31 AU$4.27 Billion +9.52%
2024-12-31 AU$3.90 Billion -4.30%
2023-12-31 AU$4.07 Billion +52.34%
2022-12-31 AU$2.67 Billion +50.94%
2021-12-31 AU$1.77 Billion +43.41%
2020-12-31 AU$1.23 Billion -3.30%
2019-12-31 AU$1.28 Billion +68.33%
2018-12-31 AU$758.50 Million +605.63%
2017-12-31 AU$107.49 Million +195.11%
2016-12-31 AU$36.43 Million -4.54%
2015-12-31 AU$38.16 Million +35.43%
2014-12-31 AU$28.17 Million --