Nordic Iron Ore (NIO) - Total Assets
Based on the latest financial reports, Nordic Iron Ore (NIO) holds total assets worth Skr275.55 Million SEK (≈ $29.65 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.
Nordic Iron Ore - Total Assets Trend (2010–2024)
This chart illustrates how Nordic Iron Ore's total assets have evolved over time, based on quarterly financial data. Also see Nordic Iron Ore stock valuation for the company's overall valuation and market capitalisation.
Nordic Iron Ore - Asset Composition Analysis
Current Asset Composition (December 2024)
Nordic Iron Ore's total assets of Skr275.55 Million consist of 40.3% current assets and 59.8% non-current assets. Review Nordic Iron Ore debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr111.70 Million | 39.6% |
| Accounts Receivable | Skr1.58 Million | 0.6% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr1.76 Million | 0.6% |
| Intangible Assets | Skr166.58 Million | 59.1% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Nordic Iron Ore'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. See NIO stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nordic Iron Ore's current assets represent 40.3% of total assets in 2024, an increase from 6.7% in 2010.
- Cash Position: Cash and equivalents constituted 39.6% of total assets in 2024, up from 4.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 59.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is intangible assets at 59.1% of total assets.
Nordic Iron Ore Competitors by Total Assets
Key competitors of Nordic Iron Ore based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inomin Mines Inc
V:MINE
|
Canada | CA$2.94 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.40 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.70 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
China | CN¥7.49 Billion |
Nordic Iron Ore - 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 | 4.35 | 33.47 | 0.64 |
| Quick Ratio | 4.35 | 33.47 | 0.64 |
| Cash Ratio | 4.20 | 32.96 | 0.00 |
| Working Capital | Skr51.85 Million | Skr112.69 Million | Skr-3.22 Million |
Nordic Iron Ore - Advanced Valuation Insights
This section examines the relationship between Nordic Iron Ore'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 | 1.14 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 65.3% |
| Total Assets | Skr281.90 Million |
| Market Capitalization | $24.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Iron Ore's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nordic Iron Ore's assets grew by 65.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nordic Iron Ore (2010–2024)
The table below shows the annual total assets of Nordic Iron Ore from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr281.90 Million ≈ $30.34 Million |
+65.33% |
| 2023-12-31 | Skr170.51 Million ≈ $18.35 Million |
+0.33% |
| 2022-12-31 | Skr169.95 Million ≈ $18.29 Million |
+2.52% |
| 2021-12-31 | Skr165.77 Million ≈ $17.84 Million |
+0.52% |
| 2020-12-31 | Skr164.91 Million ≈ $17.75 Million |
-0.89% |
| 2019-12-31 | Skr166.38 Million ≈ $17.91 Million |
+12.96% |
| 2018-12-31 | Skr147.30 Million ≈ $15.85 Million |
+17.77% |
| 2017-12-31 | Skr125.08 Million ≈ $13.46 Million |
+8.63% |
| 2016-12-31 | Skr115.14 Million ≈ $12.39 Million |
-6.26% |
| 2015-12-31 | Skr122.83 Million ≈ $13.22 Million |
+1.30% |
| 2014-12-31 | Skr121.25 Million ≈ $13.05 Million |
+48.74% |
| 2013-12-31 | Skr81.52 Million ≈ $8.77 Million |
+100303.97% |
| 2012-12-31 | Skr81.19K ≈ $8.74K |
-99.77% |
| 2011-12-31 | Skr36.04 Million ≈ $3.88 Million |
+97.51% |
| 2010-12-31 | Skr18.25 Million ≈ $1.96 Million |
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About Nordic Iron Ore
Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron ore deposits in Västerbergslagen, Sweden. The company's products include ore concentrates, sinters, pellets, and lump ores. It also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K Nr. 1, Blötbergsgruvan K Nr. 2, Håksbergsgruvan K Nr. 1, and Södra… Read more