Poseidon Nickel Limited
Poseidon Nickel Limited engages in the exploration, mining, and production of mineral properties in Australia. The company primarily explores for nickel, lithium, copper, and gold deposits, as well as other minerals. It holds interests in the Windarra, Black Swan, and Lake Johnston nickel projects located in Western Australia. The company was formerly known as Niagara Mining Limited and changed i… Read more
Poseidon Nickel Limited (PSDNF) - Total Assets
Latest total assets as of June 2024: $86.85 Million USD
Based on the latest financial reports, Poseidon Nickel Limited (PSDNF) holds total assets worth $86.85 Million USD as of June 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.
Poseidon Nickel Limited - Total Assets Trend (1994–2024)
This chart illustrates how Poseidon Nickel Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Poseidon Nickel Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Poseidon Nickel Limited's total assets of $86.85 Million consist of 2.3% current assets and 97.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $557.00K | 0.6% |
| 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 (1994–2024)
This chart illustrates how Poseidon Nickel Limited'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: Poseidon Nickel Limited's current assets represent 2.3% of total assets in 2024, a decrease from 63.2% in 1994.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 58.7% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Poseidon Nickel Limited Competitors by Total Assets
Key competitors of Poseidon Nickel Limited 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 |
Poseidon Nickel Limited - 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 - Poseidon Nickel Limited generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Poseidon Nickel Limited is currently not profitable relative to its asset base.
Poseidon Nickel Limited - 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 | 1.24 | 2.05 | 1.78 |
| Quick Ratio | 1.24 | 2.05 | 1.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $383.00K | $ 3.33 Million | $ 22.95 Million |
Poseidon Nickel Limited - Advanced Valuation Insights
This section examines the relationship between Poseidon Nickel Limited'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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -38.6% |
| Total Assets | $86.85 Million |
| Market Capitalization | $1.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Poseidon Nickel Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Poseidon Nickel Limited's assets decreased by 38.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Poseidon Nickel Limited (1994–2024)
The table below shows the annual total assets of Poseidon Nickel Limited from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $86.85 Million | -38.55% |
| 2023-06-30 | $141.34 Million | +0.50% |
| 2022-06-30 | $140.63 Million | +12.56% |
| 2021-06-30 | $124.94 Million | -10.54% |
| 2020-06-30 | $139.66 Million | -7.29% |
| 2019-06-30 | $150.65 Million | +77.19% |
| 2018-06-30 | $85.02 Million | +0.30% |
| 2017-06-30 | $84.76 Million | -3.62% |
| 2016-06-30 | $87.94 Million | -36.93% |
| 2015-06-30 | $139.43 Million | +65.72% |
| 2014-06-30 | $84.13 Million | +0.40% |
| 2013-06-30 | $83.80 Million | -4.23% |
| 2012-06-30 | $87.50 Million | +31.09% |
| 2011-06-30 | $66.74 Million | +39.17% |
| 2010-06-30 | $47.96 Million | -0.98% |
| 2009-06-30 | $48.43 Million | -7.29% |
| 2008-06-30 | $52.24 Million | +55.69% |
| 2007-06-30 | $33.55 Million | +74.08% |
| 2006-06-30 | $19.27 Million | +445.09% |
| 2005-06-30 | $3.54 Million | +74.41% |
| 2004-06-30 | $2.03 Million | +71.01% |
| 2003-06-30 | $1.19 Million | -24.93% |
| 2002-06-30 | $1.58 Million | -49.46% |
| 2001-06-30 | $3.13 Million | +94.60% |
| 2000-06-30 | $1.61 Million | +64.16% |
| 1999-06-30 | $978.23K | -70.24% |
| 1998-06-30 | $3.29 Million | -44.31% |
| 1997-06-30 | $5.90 Million | +8.33% |
| 1996-06-30 | $5.45 Million | +15.79% |
| 1995-06-30 | $4.71 Million | +10.39% |
| 1994-06-30 | $4.26 Million | -- |