Magna Mining Inc (NICU) - Total Assets
Based on the latest financial reports, Magna Mining Inc (NICU) holds total assets worth CA$212.66 Million CAD (≈ $153.83 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 NICU net assets for net asset value and shareholders' equity analysis.
Magna Mining Inc - Total Assets Trend (2020–2024)
This chart illustrates how Magna Mining Inc's total assets have evolved over time, based on quarterly financial data.
Magna Mining Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Magna Mining Inc's total assets of CA$212.66 Million consist of 53.1% current assets and 46.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 44.3% |
| Accounts Receivable | CA$1.37 Million | 3.5% |
| 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 (2020–2024)
This chart illustrates how Magna Mining 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 Magna Mining Inc (NICU) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magna Mining Inc's current assets represent 53.1% of total assets in 2024, a decrease from 74.6% in 2020.
- Cash Position: Cash and equivalents constituted 44.3% of total assets in 2024, down from 55.4% 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 accounts receivable at 3.5% of total assets.
Magna Mining Inc Competitors by Total Assets
Key competitors of Magna Mining Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 Billion |
Magna Mining 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 | 3.23 | 1.15 | 2.35 |
| Quick Ratio | 2.98 | 1.15 | 2.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$70.39 Million | CA$871.05K | CA$1.18 Million |
Magna Mining Inc - Advanced Valuation Insights
This section examines the relationship between Magna Mining 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 | 6.44 |
| Latest Market Cap to Assets Ratio | 9.04 |
| Asset Growth Rate (YoY) | 30.7% |
| Total Assets | CA$39.57 Million |
| Market Capitalization | $357.75 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Magna Mining Inc's assets at a significant premium (9.04x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Magna Mining Inc's assets grew by 30.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Magna Mining Inc (2020–2024)
The table below shows the annual total assets of Magna Mining Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$39.57 Million ≈ $28.62 Million |
+30.68% |
| 2023-12-31 | CA$30.28 Million ≈ $21.90 Million |
+20.77% |
| 2022-12-31 | CA$25.07 Million ≈ $18.14 Million |
+258.75% |
| 2021-12-31 | CA$6.99 Million ≈ $5.06 Million |
+154.72% |
| 2020-12-31 | CA$2.74 Million ≈ $1.98 Million |
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About Magna Mining Inc
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, gold, and platinum group metal deposits. Its flagship properties include100% interest in the Crean Hill Project; and 84% interest in the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headq… Read more