Fathom Nickel Inc

OTCQB:FNICF USA Other Industrial Metals & Mining
Market Cap
$3.60 Million
Market Cap Rank
#33328 Global
#10886 in USA
Share Price
$0.02
Change (1 day)
+0.56%
52-Week Range
$0.01 - $0.02
All Time High
$0.44
About

Fathom Nickel Inc., an exploration stage company, engages in identification, acquisition, and exploration of the base and precious metals for use in electric vehicle and battery markets in Canada. It primarily explores for nickel, copper, palladium, and platinum deposits. The company's flagship project is the Albert Lake Project which consists of 31 mineral claims covering an area of 90,460 hecta… Read more

Fathom Nickel Inc (FNICF) - Total Assets

Latest total assets as of September 2025: $19.18 Million USD

Based on the latest financial reports, Fathom Nickel Inc (FNICF) holds total assets worth $19.18 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.

Fathom Nickel Inc - Total Assets Trend (2020–2024)

This chart illustrates how Fathom Nickel Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Fathom Nickel Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Fathom Nickel Inc's total assets of $19.18 Million consist of 5.7% current assets and 94.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 1.7%
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 (2020–2024)

This chart illustrates how Fathom Nickel Inc'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: Fathom Nickel Inc's current assets represent 5.7% of total assets in 2024, an increase from 2.3% in 2020.
  • Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, up from 0.6% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Fathom Nickel Inc Competitors by Total Assets

Key competitors of Fathom Nickel Inc based on total assets are shown below.

Fathom Nickel Inc - 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Fathom Nickel Inc generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -33.06% - -2.06%

Negative ROA - Fathom Nickel Inc is currently not profitable relative to its asset base.

Fathom Nickel Inc - 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 5.30 1.92 1.13
Quick Ratio 5.30 1.92 1.13
Cash Ratio 0.00 0.00 0.00
Working Capital $702.84K $ 434.92K $ 1.18 Million

Fathom Nickel Inc - Advanced Valuation Insights

This section examines the relationship between Fathom Nickel Inc'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 0.45
Latest Market Cap to Assets Ratio 0.15
Asset Growth Rate (YoY) 2.8%
Total Assets $18.81 Million
Market Capitalization $2.74 Million USD

Valuation Analysis

Below Book Valuation: The market values Fathom Nickel Inc's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Fathom Nickel Inc's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Fathom Nickel Inc (2020–2024)

The table below shows the annual total assets of Fathom Nickel Inc from 2020 to 2024.

Year Total Assets Change
2024-12-31 $18.81 Million +2.78%
2023-12-31 $18.30 Million +29.22%
2022-12-31 $14.17 Million -1.55%
2021-12-31 $14.39 Million +847.91%
2020-12-31 $1.52 Million --