Canadian North Resources Inc. (CNRI) - Total Assets
Based on the latest financial reports, Canadian North Resources Inc. (CNRI) holds total assets worth CA$45.93 Million CAD (≈ $33.22 Million USD) as of December 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. Explore CNRI operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Canadian North Resources Inc. - Total Assets Trend (2020–2025)
This chart illustrates how Canadian North Resources Inc.'s total assets have evolved over time, based on quarterly financial data. See what is Canadian North Resources Inc.'s book value for net asset value and shareholders' equity analysis.
Canadian North Resources Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
Canadian North Resources Inc.'s total assets of CA$45.93 Million consist of 0.5% current assets and 99.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Canadian North Resources 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. For live market cap, price, and company overview, see how much is Canadian North Resources Inc. worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canadian North Resources Inc.'s current assets represent 0.5% of total assets in 2025, a decrease from 37.8% in 2020.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, down from 36.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Canadian North Resources Inc. Competitors by Total Assets
Key competitors of Canadian North Resources Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.80 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Almonty Industries Inc. Common Shares
NASDAQ:ALM
|
USA | $589.73 Million |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
China | CN¥6.71 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Alphamin Res
V:AFM
|
Canada | CA$606.57 Million |
Canadian North Resources Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.20 | 1.98 | 7.75 |
| Quick Ratio | 0.20 | 1.98 | 7.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-836.76K | CA$933.42K | CA$15.55 Million |
Canadian North Resources Inc. - Advanced Valuation Insights
This section examines the relationship between Canadian North Resources 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 | 0.75 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -2.4% |
| Total Assets | CA$45.93 Million |
| Market Capitalization | $16.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canadian North Resources Inc.'s assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Canadian North Resources Inc.'s assets decreased by 2.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Canadian North Resources Inc. (2020–2025)
The table below shows the annual total assets of Canadian North Resources Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$45.93 Million ≈ $33.22 Million |
-2.39% |
| 2024-12-31 | CA$47.05 Million ≈ $34.04 Million |
-6.22% |
| 2023-12-31 | CA$50.18 Million ≈ $36.30 Million |
+44.84% |
| 2022-12-31 | CA$34.64 Million ≈ $25.06 Million |
+36.87% |
| 2021-12-31 | CA$25.31 Million ≈ $18.31 Million |
+496.02% |
| 2020-12-31 | CA$4.25 Million ≈ $3.07 Million |
-- |
About Canadian North Resources Inc.
Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Can… Read more