Nickelsearch Ltd
NickelSearch Limited engages in the exploration and evaluation of mineral resources in Australia. The company primary explores for nickel sulphide and lithium. Its flagship project is the 100% owned Carlingup project covering an area of approximately 194.5 square kilometers consisting of 8 mining and 7 exploration licenses located in the Ravensthorpe Greenstone Belt, Western Australia. The compan… Read more
Nickelsearch Ltd (NIS) - Total Assets
Latest total assets as of June 2024: AU$4.88 Million AUD
Based on the latest financial reports, Nickelsearch Ltd (NIS) holds total assets worth AU$4.88 Million AUD as of June 2024.
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.
Nickelsearch Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Nickelsearch Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nickelsearch Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Nickelsearch Ltd's total assets of AU$4.88 Million consist of 36.2% current assets and 63.8% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 34.5% |
| Accounts Receivable | AU$44.83K | 0.9% |
| Inventory | AU$-14.95K | -0.3% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Nickelsearch 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: Nickelsearch Ltd's current assets represent 36.2% of total assets in 2024, an increase from 2.7% in 2018.
- Cash Position: Cash and equivalents constituted 34.5% of total assets in 2024, up from 2.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.9% of total assets.
Nickelsearch Ltd Competitors by Total Assets
Key competitors of Nickelsearch Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Nickelsearch 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
Lower asset utilization - Nickelsearch Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nickelsearch Ltd is currently not profitable relative to its asset base.
Nickelsearch 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 | 4.71 | 2.34 | 0.29 |
| Quick Ratio | 4.75 | 2.34 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$1.39 Million | AU$ 1.20 Million | AU$ -21.40K |
Nickelsearch Ltd - Advanced Valuation Insights
This section examines the relationship between Nickelsearch 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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -69.5% |
| Total Assets | AU$4.88 Million |
| Market Capitalization | $1.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nickelsearch Ltd's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nickelsearch Ltd's assets decreased by 69.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nickelsearch Ltd (2018–2024)
The table below shows the annual total assets of Nickelsearch Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$4.88 Million | -69.46% |
| 2023-06-30 | AU$15.96 Million | +11.52% |
| 2022-06-30 | AU$14.31 Million | +685.04% |
| 2021-06-30 | AU$1.82 Million | +71.12% |
| 2020-06-30 | AU$1.07 Million | -0.56% |
| 2019-06-30 | AU$1.07 Million | -1.91% |
| 2018-06-30 | AU$1.09 Million | -- |