Nickel X Limited
NickelX Limited, a mining exploration company, focuses on exploring nickel deposits in Western Australia. It explores for copper, cobalt, and gold. The company holds interest in the Biranup project covering an area of 342 square kilometers and six exploration licenses located in the Albany Fraser, Western Australia. In addition, it holds interest in the Dalwallinu project covering an area of 86 s… Read more
Nickel X Limited (NKL) - Total Assets
Latest total assets as of December 2023: AU$3.92 Million AUD
Based on the latest financial reports, Nickel X Limited (NKL) holds total assets worth AU$3.92 Million AUD as of December 2023.
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 X Limited - Total Assets Trend (2018–2022)
This chart illustrates how Nickel X Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nickel X Limited - Asset Composition Analysis
Current Asset Composition (December 2022)
Nickel X Limited's total assets of AU$3.92 Million consist of 60.0% current assets and 40.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 57.2% |
| Accounts Receivable | AU$84.49K | 1.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$1.87 Million | 35.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2022)
This chart illustrates how Nickel X Limited'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 X Limited's current assets represent 60.0% of total assets in 2022, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 57.2% of total assets in 2022, down from 98.4% 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 property, plant & equipment at 35.0% of total assets.
Nickel X Limited Competitors by Total Assets
Key competitors of Nickel X Limited 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 |
Nickel X Limited - 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 - Nickel X Limited 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 - Nickel X Limited is currently not profitable relative to its asset base.
Nickel X Limited - 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 | 10.09 | 5.33 | 0.47 |
| Quick Ratio | 10.09 | 5.33 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$1.84 Million | AU$ 3.53 Million | AU$ -13.81K |
Nickel X Limited - Advanced Valuation Insights
This section examines the relationship between Nickel X Limited'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 | 1.82 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 13.2% |
| Total Assets | AU$5.34 Million |
| Market Capitalization | $647.41K USD |
Valuation Analysis
Below Book Valuation: The market values Nickel X Limited's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nickel X Limited's assets grew by 13.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nickel X Limited (2018–2022)
The table below shows the annual total assets of Nickel X Limited from 2018 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | AU$5.34 Million | +13.17% |
| 2021-12-31 | AU$4.72 Million | -38.24% |
| 2020-12-31 | AU$7.64 Million | +61387.22% |
| 2019-12-31 | AU$12.43K | -58.98% |
| 2018-12-31 | AU$30.31K | -- |