Gaming Nation Inc

V:FAN Canada Other Industrial Metals & Mining
Market Cap
$19.05 Million
CA$27.35 Million CAD
Market Cap Rank
#26621 Global
#142 in Canada
Share Price
CA$0.25
Change (1 day)
-3.92%
52-Week Range
CA$0.13 - CA$0.29
All Time High
CA$0.29
About

First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It primarily explores for nickel, copper, silver, cobalt, and gold deposits. The company was formerly known as Avante Mining Corp. and changed its name to First Atlantic Nickel Corp. in April 2024. First Atlantic Nickel Corp. was incorporated in 2011 and is headquartered in Vanc… Read more

Gaming Nation Inc (FAN) - Total Assets

Latest total assets as of September 2025: CA$10.89 Million CAD

Based on the latest financial reports, Gaming Nation Inc (FAN) holds total assets worth CA$10.89 Million CAD 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.

Gaming Nation Inc - Total Assets Trend (2014–2024)

This chart illustrates how Gaming Nation Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Gaming Nation Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Gaming Nation Inc's total assets of CA$10.89 Million consist of 5.9% current assets and 94.1% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 1.9%
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 (2014–2024)

This chart illustrates how Gaming Nation 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Gaming Nation Inc's current assets represent 5.9% of total assets in 2024, a decrease from 69.4% in 2014.
  • Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 24.3% 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 goodwill at 0.0% of total assets.

Gaming Nation Inc Competitors by Total Assets

Key competitors of Gaming Nation Inc based on total assets are shown below.

Gaming Nation Inc - 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

Historical Range: 0.00 - 0.18

Lower asset utilization - Gaming Nation Inc generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -167.24% - -8.62%

Negative ROA - Gaming Nation Inc is currently not profitable relative to its asset base.

Gaming Nation 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 5.12 1.53 5.07
Quick Ratio 5.12 1.53 4.95
Cash Ratio 0.00 0.00 0.00
Working Capital CA$914.46K CA$ 570.56K CA$ 11.48 Million

Gaming Nation Inc - Advanced Valuation Insights

This section examines the relationship between Gaming Nation 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 2.83
Latest Market Cap to Assets Ratio 2.09
Asset Growth Rate (YoY) 158.3%
Total Assets CA$7.45 Million
Market Capitalization $15.55 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Gaming Nation Inc's assets at a significant premium ( 2.09x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Gaming Nation Inc's assets grew by 158.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Gaming Nation Inc (2014–2024)

The table below shows the annual total assets of Gaming Nation Inc from 2014 to 2024.

Year Total Assets Change
2024-12-31 CA$7.45 Million +158.26%
2023-12-31 CA$2.88 Million +98.82%
2022-12-31 CA$1.45 Million -38.73%
2021-12-31 CA$2.37 Million -96.25%
2016-12-31 CA$63.10 Million -19.64%
2015-12-31 CA$78.53 Million +568.27%
2014-12-31 CA$11.75 Million --