Canadian North Resources Inc. (CNRI) - Total Assets
Based on the latest financial reports, Canadian North Resources Inc. (CNRI) holds total assets worth CA$45.85 Million CAD (≈ $33.17 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. See shareholders equity of Canadian North Resources Inc. for net asset value and shareholders' equity analysis.
Canadian North Resources Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Canadian North Resources Inc.'s total assets have evolved over time, based on quarterly financial data.
Canadian North Resources Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Canadian North Resources Inc.'s total assets of CA$45.85 Million consist of 4.0% current assets and 96.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.5% |
| 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 (2020–2024)
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 Canadian North Resources Inc. market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canadian North Resources Inc.'s current assets represent 4.0% of total assets in 2024, a decrease from 37.8% in 2020.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2024, 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 |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Canadian North Resources Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.34 | 2.75 | 7.75 |
| Quick Ratio | 0.34 | 2.75 | 7.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-496.52K | CA$2.00 Million | 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 | 1.25 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -6.2% |
| Total Assets | CA$47.05 Million |
| Market Capitalization | $24.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canadian North Resources Inc.'s assets below their book value (0.53x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Canadian North Resources Inc.'s assets decreased by 6.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Canadian North Resources Inc. (2020–2024)
The table below shows the annual total assets of Canadian North Resources Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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