Pacific Nickel Mines Ltd
Pacific Nickel Mines Limited engages in the mineral exploration and development business in Australia. It primarily explores for nickel deposits. The company's principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020. Pacif… Read more
Pacific Nickel Mines Ltd (PNM) - Total Assets
Latest total assets as of December 2024: AU$64.12 Million AUD
Based on the latest financial reports, Pacific Nickel Mines Ltd (PNM) holds total assets worth AU$64.12 Million AUD as of December 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.
Pacific Nickel Mines Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Pacific Nickel Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pacific Nickel Mines Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Pacific Nickel Mines Ltd's total assets of AU$64.12 Million consist of 7.1% current assets and 92.9% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0.9% |
| Accounts Receivable | AU$1.17 Million | 2.0% |
| Inventory | AU$2.11 Million | 3.7% |
| Property, Plant & Equipment | AU$14.55 Million | 25.2% |
| Intangible Assets | AU$31.87 Million | 55.3% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Pacific Nickel Mines 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: Pacific Nickel Mines Ltd's current assets represent 7.1% of total assets in 2024, a decrease from 9.4% in 2002.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 9.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is intangible assets at 55.3% of total assets.
Pacific Nickel Mines Ltd Competitors by Total Assets
Key competitors of Pacific Nickel Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Pacific Nickel Mines Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Pacific Nickel Mines Ltd generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pacific Nickel Mines Ltd is currently not profitable relative to its asset base.
Pacific Nickel Mines Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.03 | 0.46 | 0.02 |
| Quick Ratio | 0.03 | 0.46 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.02 |
| Working Capital | AU$-49.90 Million | AU$ -10.81 Million | AU$ -6.73 Million |
Pacific Nickel Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Pacific Nickel Mines 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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 130.2% |
| Total Assets | AU$57.65 Million |
| Market Capitalization | $4.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pacific Nickel Mines Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Pacific Nickel Mines Ltd's assets grew by 130.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pacific Nickel Mines Ltd (2002–2024)
The table below shows the annual total assets of Pacific Nickel Mines Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$57.65 Million | +130.19% |
| 2023-06-30 | AU$25.04 Million | +114.60% |
| 2022-06-30 | AU$11.67 Million | +60.81% |
| 2021-06-30 | AU$7.26 Million | +118.27% |
| 2020-06-30 | AU$3.32 Million | -58.50% |
| 2019-06-30 | AU$8.01 Million | -33.56% |
| 2018-06-30 | AU$12.06 Million | -3.00% |
| 2017-06-30 | AU$12.43 Million | +2.17% |
| 2016-06-30 | AU$12.17 Million | -6.89% |
| 2015-06-30 | AU$13.07 Million | -49.58% |
| 2014-06-30 | AU$25.92 Million | -7.55% |
| 2013-06-30 | AU$28.04 Million | -22.49% |
| 2012-06-30 | AU$36.17 Million | -3.74% |
| 2011-06-30 | AU$37.58 Million | +136.90% |
| 2010-06-30 | AU$15.86 Million | -0.85% |
| 2009-06-30 | AU$16.00 Million | -12.23% |
| 2008-06-30 | AU$18.23 Million | +63.12% |
| 2007-06-30 | AU$11.17 Million | +56.64% |
| 2006-06-30 | AU$7.13 Million | +38.63% |
| 2005-06-30 | AU$5.15 Million | +2.99% |
| 2004-06-30 | AU$5.00 Million | +18.05% |
| 2003-06-30 | AU$4.23 Million | +197.85% |
| 2002-06-30 | AU$1.42 Million | -- |