Nickel Asia Corp
Nickel Asia Corp operates in Diversified Metals & Mining.
Nickel Asia Corp (NIKL) - Total Assets
Latest total assets as of September 2023: ₱59.37 Billion PHP
Based on the latest financial reports, Nickel Asia Corp (NIKL) holds total assets worth ₱59.37 Billion PHP as of September 2023.
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.
Nickel Asia Corp - Total Assets Trend (2014–2022)
This chart illustrates how Nickel Asia Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nickel Asia Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Nickel Asia Corp's total assets of ₱59.37 Billion consist of 42.1% current assets and 57.9% non-current assets.
| Asset Category | Amount (PHP) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₱8.66 Billion | 4.3% |
| Accounts Receivable | ₱2.29 Billion | 4.6% |
| Inventory | ₱2.43 Billion | 4.9% |
| Property, Plant & Equipment | ₱15.70 Billion | 31.6% |
| Intangible Assets | ₱0.00 | 0.0% |
| Goodwill | ₱0.00 | 0.0% |
Asset Composition Trend (2014–2022)
This chart illustrates how Nickel Asia Corp'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: Nickel Asia Corp's current assets represent 42.1% of total assets in 2022, a decrease from 58.6% in 2014.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2022, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 31.6% of total assets.
Nickel Asia Corp Competitors by Total Assets
Key competitors of Nickel Asia Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Amreli Steels Ltd
KAR:ASTL
|
Pakistan | PKRs40.25 Billion |
|
Global Ferronickel Holdings Inc
PSE:FNI
|
Philippines | ₱18.03 Billion |
|
Oriental Peninsula Resources Group Inc
PSE:ORE
|
Philippines | ₱9.63 Billion |
|
POSCO M-TECH Co. Ltd
KQ:009520
|
Korea | ₩140.90 Billion |
|
Gyeongnam Steel Co. Ltd
KQ:039240
|
Korea | ₩159.15 Billion |
|
Daedong Steel Co. Ltd
KQ:048470
|
Korea | ₩95.67 Billion |
|
Dongyang S.Tec Co.Ltd
KQ:060380
|
Korea | ₩197.16 Billion |
|
Hanchang Ind.Co.Ltd
KQ:079170
|
Korea | ₩83.05 Billion |
Nickel Asia Corp - 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
Moderate asset utilization - Nickel Asia Corp generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Nickel Asia Corp generates $ 15.94 in net profit.
Nickel Asia Corp - 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 | 2.58 | 2.41 | 2.13 |
| Quick Ratio | 2.29 | 2.18 | 1.75 |
| Cash Ratio | 1.08 | 0.81 | 0.00 |
| Working Capital | ₱16.40 Billion | ₱ 15.76 Billion | ₱ 11.11 Billion |
Nickel Asia Corp - Advanced Valuation Insights
This section examines the relationship between Nickel Asia Corp'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | ₱49.76 Billion |
| Market Capitalization | $764.59 USD |
Valuation Analysis
Below Book Valuation: The market values Nickel Asia Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nickel Asia Corp's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nickel Asia Corp (2014–2022)
The table below shows the annual total assets of Nickel Asia Corp from 2014 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | ₱49.76 Billion | -3.76% |
| 2021-12-31 | ₱51.70 Billion | +5.70% |
| 2020-12-31 | ₱48.91 Billion | +1.35% |
| 2019-12-31 | ₱48.26 Billion | +4.84% |
| 2018-12-31 | ₱46.03 Billion | +0.65% |
| 2017-12-31 | ₱45.74 Billion | +0.85% |
| 2016-12-31 | ₱45.35 Billion | +8.68% |
| 2015-12-31 | ₱41.73 Billion | +18.61% |
| 2014-12-31 | ₱35.18 Billion | -- |