Nordic Resources Ltd
Nordic Resources Limited engages in the exploration of mineral properties. It explores for copper, nickel, cobalt, and gold minerals. The company's flagship project is the Kopsa Gold-Copper Project located in Finland. The company was formerly known as Nordic Nickel Limited and changed its name to Nordic Resources Limited in December 2024. Nordic Resources Limited was incorporated in 2021 and is b… Read more
Nordic Resources Ltd (NNL) - Total Assets
Latest total assets as of June 2025: AU$21.11 Million AUD
Based on the latest financial reports, Nordic Resources Ltd (NNL) holds total assets worth AU$21.11 Million AUD as of June 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.
Nordic Resources Ltd - Total Assets Trend (2021–2025)
This chart illustrates how Nordic Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nordic Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Nordic Resources Ltd's total assets of AU$21.11 Million consist of 9.6% current assets and 90.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.82 Million | 8.6% |
| Accounts Receivable | AU$198.51K | 0.9% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$19.06 Million | 90.3% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Nordic Resources 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: Nordic Resources Ltd's current assets represent 9.6% of total assets in 2025, a decrease from 60.2% in 2021.
- Cash Position: Cash and equivalents constituted 8.6% of total assets in 2025, down from 46.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.3% of total assets.
Nordic Resources Ltd Competitors by Total Assets
Key competitors of Nordic Resources 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 |
Nordic Resources 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 - Nordic Resources 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 - Nordic Resources Ltd is currently not profitable relative to its asset base.
Nordic Resources 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 | 12.43 | 4.06 | 147.55 |
| Quick Ratio | 12.43 | 4.06 | 147.55 |
| Cash Ratio | 11.21 | 3.84 | 0.00 |
| Working Capital | AU$1.86 Million | AU$ 904.39K | AU$ 10.84 Million |
Nordic Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Nordic Resources 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 | 3.14 |
| Latest Market Cap to Assets Ratio | 0.60 |
| Asset Growth Rate (YoY) | 72.1% |
| Total Assets | AU$21.11 Million |
| Market Capitalization | $12.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Resources Ltd's assets below their book value (0.60 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nordic Resources Ltd's assets grew by 72.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nordic Resources Ltd (2021–2025)
The table below shows the annual total assets of Nordic Resources Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$21.11 Million | +72.05% |
| 2024-06-30 | AU$12.27 Million | -10.48% |
| 2023-06-30 | AU$13.71 Million | +13.39% |
| 2022-06-30 | AU$12.09 Million | +553.55% |
| 2021-06-30 | AU$1.85 Million | -- |