Power Nickel Inc (PNPN) - Total Assets
Based on the latest financial reports, Power Nickel Inc (PNPN) holds total assets worth CA$33.95 Million CAD (≈ $24.56 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.
Power Nickel Inc - Total Assets Trend (2017–2024)
This chart illustrates how Power Nickel Inc's total assets have evolved over time, based on quarterly financial data. Also see Power Nickel Inc (PNPN) market capitalisation for the company's overall valuation and market capitalisation.
Power Nickel Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Power Nickel Inc's total assets of CA$33.95 Million consist of 99.8% current assets and 0.2% non-current assets. Review PNPN total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 84.7% |
| 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 (2017–2024)
This chart illustrates how Power Nickel 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. See Power Nickel Inc stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Power Nickel Inc's current assets represent 99.8% of total assets in 2024, an increase from 84.1% in 2017.
- Cash Position: Cash and equivalents constituted 84.7% of total assets in 2024, up from 14.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Power Nickel Inc Competitors by Total Assets
Key competitors of Power Nickel Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inomin Mines Inc
V:MINE
|
Canada | CA$2.94 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.40 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.70 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
China | CN¥7.49 Billion |
Power Nickel 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 | 1.60 | 3.53 | 0.42 |
| Quick Ratio | 1.60 | 3.53 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$12.78 Million | CA$9.85 Million | CA$-680.36K |
Power Nickel Inc - Advanced Valuation Insights
This section examines the relationship between Power Nickel 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 | 23.76 |
| Latest Market Cap to Assets Ratio | 27.72 |
| Asset Growth Rate (YoY) | 109.0% |
| Total Assets | CA$7.81 Million |
| Market Capitalization | $216.37 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Power Nickel Inc's assets at a significant premium (27.72x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Power Nickel Inc's assets grew by 109.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Power Nickel Inc (2017–2024)
The table below shows the annual total assets of Power Nickel Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.81 Million ≈ $5.65 Million |
+109.02% |
| 2023-12-31 | CA$3.73 Million ≈ $2.70 Million |
+90.47% |
| 2022-12-31 | CA$1.96 Million ≈ $1.42 Million |
+39.66% |
| 2021-12-31 | CA$1.40 Million ≈ $1.02 Million |
+179.25% |
| 2020-12-31 | CA$502.69K ≈ $363.64K |
+436.19% |
| 2019-12-31 | CA$93.75K ≈ $67.82K |
-62.80% |
| 2018-12-31 | CA$252.03K ≈ $182.31K |
-36.79% |
| 2017-12-31 | CA$398.72K ≈ $288.43K |
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About Power Nickel Inc
Power Metallic Mines Inc., an exploration company, engages in the acquisition and exploration of mineral resources in Chile and Canada. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship project is the Nisk property located near Nemaska in Quebec, Canada. The company was formerly known as Power Nickel Inc. and changed its name to Power Me… Read more