Nickelex Resource Corporation
Nickelex Resource Corporation, an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties. The company primarily explores for nickel and gold deposits. It holds interest in the Swift Katie property that consists of 19 contiguous mineral claims covering an area of approximately 83 square kilometers located near Salmo, British Columbia; 100… Read more
Nickelex Resource Corporation (NKLXF) - Total Assets
Latest total assets as of March 2025: $24.81K USD
Based on the latest financial reports, Nickelex Resource Corporation (NKLXF) holds total assets worth $24.81K USD as of March 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.
Nickelex Resource Corporation - Total Assets Trend (2019–2024)
This chart illustrates how Nickelex Resource Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nickelex Resource Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Nickelex Resource Corporation's total assets of $24.81K consist of 37.9% current assets and 62.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.5% |
| Accounts Receivable | $743.00 | 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 (2019–2024)
This chart illustrates how Nickelex Resource Corporation'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: Nickelex Resource Corporation's current assets represent 37.9% of total assets in 2024, a decrease from 70.1% in 2019.
- Cash Position: Cash and equivalents constituted 18.5% of total assets in 2024, up from 9.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.
Nickelex Resource Corporation Competitors by Total Assets
Key competitors of Nickelex Resource Corporation 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 |
Nickelex Resource Corporation - 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 - Nickelex Resource Corporation 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 - Nickelex Resource Corporation is currently not profitable relative to its asset base.
Nickelex Resource Corporation - 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 | 0.01 | 0.02 | 0.17 |
| Quick Ratio | 0.01 | 0.02 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.31 Million | $ -1.22 Million | $ -895.52K |
Nickelex Resource Corporation - Advanced Valuation Insights
This section examines the relationship between Nickelex Resource Corporation'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 | 6.41 |
| Latest Market Cap to Assets Ratio | 42.13 |
| Asset Growth Rate (YoY) | -98.7% |
| Total Assets | $19.31K |
| Market Capitalization | $813.71K USD |
Valuation Analysis
Premium Asset Valuation: The market values Nickelex Resource Corporation's assets at a significant premium ( 42.13x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Nickelex Resource Corporation's assets decreased by 98.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nickelex Resource Corporation (2019–2024)
The table below shows the annual total assets of Nickelex Resource Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.31K | -98.73% |
| 2023-12-31 | $1.52 Million | -40.89% |
| 2022-12-31 | $2.57 Million | -5.14% |
| 2021-12-31 | $2.71 Million | +11.05% |
| 2020-12-31 | $2.44 Million | +2362.45% |
| 2019-12-31 | $99.23K | -- |