NexMetals Mining Corp. Common Shares (NEXM) - Total Assets
Based on the latest financial reports, NexMetals Mining Corp. Common Shares (NEXM) holds total assets worth $24.44 Million USD as of September 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. See shareholders equity of NexMetals Mining Corp. Common Shares for net asset value and shareholders' equity analysis.
NexMetals Mining Corp. Common Shares - Total Assets Trend (2021–2024)
This chart illustrates how NexMetals Mining Corp. Common Shares's total assets have evolved over time, based on quarterly financial data.
NexMetals Mining Corp. Common Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
NexMetals Mining Corp. Common Shares's total assets of $24.44 Million consist of 30.5% current assets and 69.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.5% |
| Accounts Receivable | $972.02K | 3.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how NexMetals Mining Corp. Common Shares'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. For live market cap, price, and company overview, see NEXM market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NexMetals Mining Corp. Common Shares's current assets represent 30.5% of total assets in 2024, a decrease from 40.8% in 2021.
- Cash Position: Cash and equivalents constituted 24.5% of total assets in 2024, down from 38.0% 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 accounts receivable at 3.9% of total assets.
NexMetals Mining Corp. Common Shares Competitors by Total Assets
Key competitors of NexMetals Mining Corp. Common Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 Billion |
NexMetals Mining Corp. Common Shares - 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 | 2.53 | 3.70 | 1.95 |
| Quick Ratio | 2.53 | 3.49 | 1.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.16 Million | $15.09 Million | $5.58 Million |
NexMetals Mining Corp. Common Shares - Advanced Valuation Insights
This section examines the relationship between NexMetals Mining Corp. Common Shares'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 | 3.19 |
| Latest Market Cap to Assets Ratio | 2.30 |
| Asset Growth Rate (YoY) | -12.9% |
| Total Assets | $24.95 Million |
| Market Capitalization | $57.29 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NexMetals Mining Corp. Common Shares's assets at a significant premium (2.30x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: NexMetals Mining Corp. Common Shares's assets decreased by 12.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NexMetals Mining Corp. Common Shares (2021–2024)
The table below shows the annual total assets of NexMetals Mining Corp. Common Shares from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $24.95 Million | -12.91% |
| 2023-12-31 | $28.65 Million | -31.22% |
| 2022-12-31 | $41.66 Million | +695.22% |
| 2021-12-31 | $5.24 Million | -- |
About NexMetals Mining Corp. Common Shares
NexMetals Mining Corp., through its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Canada, Barbados, and Botswana. The company's flagship project is the Selebi nickel-copper-cobalt sulphide mine located in Botswana. It also explores for platinum deposits. The company was formerly known as Premium Resources Ltd. and changed its name to NexMetals Mini… Read more