Flying Nickel Mining Corp
CleanTech Vanadium Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel and vanadium deposits. Its flagship property is the 100% owned Gibellini vanadium project located in Nevada, the United States. The company was formerly known as Flying Nickel Mining Corp. and changed its name to CleanTech Vanadium Mining Corp. … Read more
Flying Nickel Mining Corp (FLYNF) - Total Assets
Latest total assets as of September 2024: $21.25 Million USD
Based on the latest financial reports, Flying Nickel Mining Corp (FLYNF) holds total assets worth $21.25 Million USD as of September 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.
Flying Nickel Mining Corp - Total Assets Trend (2022–2024)
This chart illustrates how Flying Nickel Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flying Nickel Mining Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Flying Nickel Mining Corp's total assets of $21.25 Million consist of 9.6% current assets and 90.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $106.10K | 0.5% |
| 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 (2022–2024)
This chart illustrates how Flying Nickel Mining 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: Flying Nickel Mining Corp's current assets represent 9.6% of total assets in 2024, a decrease from 108.6% in 2022.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, up from 0.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Flying Nickel Mining Corp Competitors by Total Assets
Key competitors of Flying Nickel Mining 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 |
Flying Nickel Mining 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 - Flying Nickel Mining 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 - Flying Nickel Mining Corp is currently not profitable relative to its asset base.
Flying Nickel Mining 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 | 0.04 | 17.06 | 1.16 |
| Quick Ratio | 0.04 | 17.06 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.49 Million | $ 2.50 Million | $ 1.11 Million |
Flying Nickel Mining Corp - Advanced Valuation Insights
This section examines the relationship between Flying Nickel Mining 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 | 0.40 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 190.5% |
| Total Assets | $23.20 Million |
| Market Capitalization | $3.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Flying Nickel Mining Corp's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Flying Nickel Mining Corp's assets grew by 190.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flying Nickel Mining Corp (2022–2024)
The table below shows the annual total assets of Flying Nickel Mining Corp from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $23.20 Million | +190.55% |
| 2022-03-31 | $7.98 Million | -- |