Niobay Metals Inc
Niobay Metals Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for niobium, tantalum, titanium, and phosphate properties. The company holds 100% interests in the James Bay niobium project that covers an area of 2,530 hectares located in the James Bay Lowlands in northeastern Ontario, Canada; and 72.5% interests in the Crevier niob… Read more
Niobay Metals Inc (NBYCF) - Total Assets
Latest total assets as of September 2025: $3.20 Million USD
Based on the latest financial reports, Niobay Metals Inc (NBYCF) holds total assets worth $3.20 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.
Niobay Metals Inc - Total Assets Trend (2017–2024)
This chart illustrates how Niobay Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Niobay Metals Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Niobay Metals Inc's total assets of $3.20 Million consist of 85.8% current assets and 14.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.4% |
| Accounts Receivable | $274.91K | 7.7% |
| 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 (2017–2024)
This chart illustrates how Niobay Metals 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: Niobay Metals Inc's current assets represent 85.8% of total assets in 2024, an increase from 43.2% in 2017.
- Cash Position: Cash and equivalents constituted 75.4% of total assets in 2024, up from 36.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 7.7% of total assets.
Niobay Metals Inc Competitors by Total Assets
Key competitors of Niobay Metals Inc 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 |
Niobay Metals 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
Lower asset utilization - Niobay Metals 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
Negative ROA - Niobay Metals Inc is currently not profitable relative to its asset base.
Niobay Metals 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 | 15.30 | 22.58 | 12.74 |
| Quick Ratio | 15.30 | 22.58 | 12.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.67 Million | $ 3.16 Million | $ 12.43 Million |
Niobay Metals Inc - Advanced Valuation Insights
This section examines the relationship between Niobay Metals 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 | 6.27 |
| Latest Market Cap to Assets Ratio | 1.58 |
| Asset Growth Rate (YoY) | -12.4% |
| Total Assets | $3.55 Million |
| Market Capitalization | $5.63 Million USD |
Valuation Analysis
Above Book Valuation: The market values Niobay Metals Inc's assets above their book value (1.58 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Niobay Metals Inc's assets decreased by 12.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Niobay Metals Inc (2017–2024)
The table below shows the annual total assets of Niobay Metals Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.55 Million | -12.41% |
| 2023-12-31 | $4.06 Million | -34.23% |
| 2022-12-31 | $6.17 Million | -44.61% |
| 2021-12-31 | $11.13 Million | -22.44% |
| 2020-12-31 | $14.35 Million | +251.71% |
| 2019-12-31 | $4.08 Million | +33.96% |
| 2018-12-31 | $3.05 Million | -10.72% |
| 2017-12-31 | $3.41 Million | -- |