Power Nickel Inc.
Power Metallic Mines Inc., an exploration company, engages in the acquisition and exploration of mineral resources in Chile and Canada. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship project is the Nisk property located near Nemaska in Quebec, Canada. The company was formerly known as Power Nickel Inc. and changed its name to Power Me… Read more
Power Nickel Inc. (PNPNF) - Total Assets
Latest total assets as of September 2025: $33.95 Million USD
Based on the latest financial reports, Power Nickel Inc. (PNPNF) holds total assets worth $33.95 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.
Power Nickel Inc. - Total Assets Trend (2001–2024)
This chart illustrates how Power Nickel Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Power Nickel Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Power Nickel Inc.'s total assets of $33.95 Million consist of 99.8% current assets and 0.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 84.7% |
| Accounts Receivable | $706.95K | 9.1% |
| 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 (2001–2024)
This chart illustrates how Power 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: Power Nickel Inc.'s current assets represent 99.8% of total assets in 2024, an increase from 0.2% in 2001.
- Cash Position: Cash and equivalents constituted 84.7% of total assets in 2024, up from 0.1% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 9.1% of total assets.
Power Nickel Inc. Competitors by Total Assets
Key competitors of Power Nickel 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 |
Power 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
Lower asset utilization - Power 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
Negative ROA - Power Nickel Inc. is currently not profitable relative to its asset base.
Power 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 | 1.60 | 3.53 | 0.42 |
| Quick Ratio | 1.60 | 3.53 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.78 Million | $ 9.85 Million | $ -680.36K |
Power Nickel Inc. - Advanced Valuation Insights
This section examines the relationship between Power 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 | 19.98 |
| Latest Market Cap to Assets Ratio | 22.65 |
| Asset Growth Rate (YoY) | 109.0% |
| Total Assets | $7.81 Million |
| Market Capitalization | $176.76 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Power Nickel Inc.'s assets at a significant premium ( 22.65x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Power Nickel Inc.'s assets grew by 109.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Power Nickel Inc. (2001–2024)
The table below shows the annual total assets of Power Nickel Inc. from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $7.81 Million | +109.02% |
| 2023-12-31 | $3.73 Million | +90.47% |
| 2022-12-31 | $1.96 Million | +39.66% |
| 2021-12-31 | $1.40 Million | +179.25% |
| 2020-12-31 | $502.69K | +436.19% |
| 2019-12-31 | $93.75K | -62.80% |
| 2018-12-31 | $252.03K | -36.79% |
| 2017-12-31 | $398.72K | -95.60% |
| 2016-12-31 | $9.06 Million | +84.06% |
| 2015-12-31 | $4.92 Million | +4.63% |
| 2014-12-31 | $4.70 Million | -44.09% |
| 2013-12-31 | $8.41 Million | -66.93% |
| 2012-12-31 | $25.44 Million | +1.55% |
| 2011-12-31 | $25.06 Million | +18.05% |
| 2010-12-31 | $21.23 Million | +27.33% |
| 2009-12-31 | $16.67 Million | -4.69% |
| 2008-12-31 | $17.49 Million | -29.50% |
| 2007-12-31 | $24.81 Million | +107.08% |
| 2006-12-31 | $11.98 Million | +112.00% |
| 2005-12-31 | $5.65 Million | +30.33% |
| 2004-12-31 | $4.34 Million | +19.68% |
| 2003-12-31 | $3.62 Million | +88.49% |
| 2002-12-31 | $1.92 Million | +12.47% |
| 2001-12-31 | $1.71 Million | -- |