Nickel 28 Capital Corp (NKL) - Total Assets
Based on the latest financial reports, Nickel 28 Capital Corp (NKL) holds total assets worth CA$128.99 Million CAD (≈ $93.31 Million USD) as of October 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. Check NKL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Nickel 28 Capital Corp - Total Assets Trend (2020–2025)
This chart illustrates how Nickel 28 Capital Corp's total assets have evolved over time, based on quarterly financial data. Explore Nickel 28 Capital Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.
Nickel 28 Capital Corp - Asset Composition Analysis
Current Asset Composition (January 2025)
Nickel 28 Capital Corp's total assets of CA$128.99 Million consist of 7.4% current assets and 92.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.2% |
| 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 Nickel 28 Capital Corp'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 Nickel 28 Capital Corp stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nickel 28 Capital Corp's current assets represent 7.4% of total assets in 2025, a decrease from 16.6% in 2020.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, up from 2.3% 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.
Nickel 28 Capital Corp Competitors by Total Assets
Key competitors of Nickel 28 Capital Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Liontown Resources Limited
F:LIS
|
Germany | €1.56 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
BaoJi Titanium Industry Co Ltd
SHG:600456
|
China | CN¥15.50 Billion |
|
Americas Silver Corp
TO:USA
|
Canada | CA$234.70 Million |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
Nickel 28 Capital Corp - 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 | 1.21 | 0.90 | 1.43 |
| Quick Ratio | 1.21 | 0.90 | 1.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.65 Million | CA$-1.11 Million | CA$6.60 Million |
Nickel 28 Capital Corp - Advanced Valuation Insights
This section examines the relationship between Nickel 28 Capital Corp'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 | 0.98 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | CA$130.94 Million |
| Market Capitalization | $72.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nickel 28 Capital Corp's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nickel 28 Capital Corp's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nickel 28 Capital Corp (2020–2025)
The table below shows the annual total assets of Nickel 28 Capital Corp from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | CA$130.94 Million ≈ $94.72 Million |
-7.61% |
| 2024-01-31 | CA$141.74 Million ≈ $102.53 Million |
-8.39% |
| 2023-01-31 | CA$154.72 Million ≈ $111.92 Million |
-3.38% |
| 2022-01-31 | CA$160.13 Million ≈ $115.83 Million |
-9.13% |
| 2021-01-31 | CA$176.22 Million ≈ $127.48 Million |
-7.79% |
| 2020-01-31 | CA$191.10 Million ≈ $138.24 Million |
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About Nickel 28 Capital Corp
Nickel 28 Capital Corp. operates as a base metals company in Papua New Guinea, Quebec, British Columbia, Australia, and Yukon. It explores for nickel, cobalt, silver, lead, zinc, and scandium deposits. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.