First Atlantic Nickel Corp.
First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It primarily explores for nickel, copper, silver, cobalt, and gold deposits. The company was formerly known as Avante Mining Corp. and changed its name to First Atlantic Nickel Corp. in April 2024. First Atlantic Nickel Corp. was incorporated in 2011 and is headquartered in Vanc… Read more
First Atlantic Nickel Corp. (FANCF) - Total Assets
Latest total assets as of October 2025: $10.89 Million USD
Based on the latest financial reports, First Atlantic Nickel Corp. (FANCF) holds total assets worth $10.89 Million USD as of October 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.
First Atlantic Nickel Corp. - Total Assets Trend (2021–2025)
This chart illustrates how First Atlantic Nickel Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Atlantic Nickel Corp. - Asset Composition Analysis
Current Asset Composition (January 2025)
First Atlantic Nickel Corp.'s total assets of $10.89 Million consist of 5.9% current assets and 94.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2021–2025)
This chart illustrates how First Atlantic Nickel Corp.'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: First Atlantic Nickel Corp.'s current assets represent 5.9% of total assets in 2025, a decrease from 64.5% in 2021.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, down from 63.8% 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 goodwill at 0.0% of total assets.
First Atlantic Nickel Corp. Competitors by Total Assets
Key competitors of First Atlantic Nickel Corp. 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 |
First Atlantic Nickel Corp. - 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 - First Atlantic Nickel Corp. 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 - First Atlantic Nickel Corp. is currently not profitable relative to its asset base.
First Atlantic Nickel Corp. - 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 | 5.12 | 1.53 | 1.56 |
| Quick Ratio | 5.12 | 1.53 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $914.46K | $ 570.56K | $ 341.74K |
First Atlantic Nickel Corp. - Advanced Valuation Insights
This section examines the relationship between First Atlantic Nickel Corp.'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 | 4.29 |
| Latest Market Cap to Assets Ratio | 2.38 |
| Asset Growth Rate (YoY) | 158.3% |
| Total Assets | $7.45 Million |
| Market Capitalization | $17.70 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values First Atlantic Nickel Corp.'s assets at a significant premium ( 2.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: First Atlantic Nickel Corp.'s assets grew by 158.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First Atlantic Nickel Corp. (2021–2025)
The table below shows the annual total assets of First Atlantic Nickel Corp. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | $7.45 Million | +158.26% |
| 2024-01-31 | $2.88 Million | +98.82% |
| 2023-01-31 | $1.45 Million | -38.73% |
| 2022-01-31 | $2.37 Million | +18.36% |
| 2021-01-31 | $2.00 Million | -- |