NICAN Limited
NiCAN Limited engages in the exploration, development, operation, and financing of mining assets in Canada. The company primarily explores nickel, copper, cobalt, gold, silver, palladium, and platinum group elements. It holds interest in the Wine project consisting of 24 mineral claims covering an area of 5,666 hectares; and the Pipy project comprised of 33 mineral claims covering an area 57.0km2… Read more
NICAN Limited (NICN) - Total Assets
Latest total assets as of September 2025: CA$535.87K CAD
Based on the latest financial reports, NICAN Limited (NICN) holds total assets worth CA$535.87K 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.
NICAN Limited - Total Assets Trend (2021–2024)
This chart illustrates how NICAN Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NICAN Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
NICAN Limited's total assets of CA$535.87K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 95.2% |
| Accounts Receivable | CA$15.26K | 1.5% |
| 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 (2021–2024)
This chart illustrates how NICAN Limited'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: NICAN Limited's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 95.2% of total assets in 2024, up from 94.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 1.5% of total assets.
NICAN Limited Competitors by Total Assets
Key competitors of NICAN Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
NICAN Limited - 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
Lower asset utilization - NICAN Limited generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NICAN Limited is currently not profitable relative to its asset base.
NICAN Limited - 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 | 1.31 | 1.92 | 12.95 |
| Quick Ratio | 1.31 | 1.92 | 12.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$127.06K | CA$ 640.13K | CA$ 4.37 Million |
NICAN Limited - Advanced Valuation Insights
This section examines the relationship between NICAN Limited'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 | 109.89 |
| Latest Market Cap to Assets Ratio | 6.99 |
| Asset Growth Rate (YoY) | -23.5% |
| Total Assets | CA$1.02 Million |
| Market Capitalization | $7.16 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NICAN Limited's assets at a significant premium ( 6.99x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: NICAN Limited's assets decreased by 23.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NICAN Limited (2021–2024)
The table below shows the annual total assets of NICAN Limited from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.02 Million | -23.55% |
| 2023-12-31 | CA$1.34 Million | -71.72% |
| 2022-12-31 | CA$4.74 Million | +102.97% |
| 2021-12-31 | CA$2.33 Million | -- |