Nicola Mining Inc. American Depositary Shares (NICM) — Working Capital to Net Assets Ratio
Nicola Mining Inc. American Depositary Shares (NICM) has a Working Capital to Net Assets ratio of 954.0% as of March 2026. Working capital of $7.17 Million (current assets of $9.08 Million minus current liabilities of $1.91 Million) is measured against net assets of $752.02K. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see NICM asset base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nicola Mining Inc. American Depositary Shares Working Capital to Net Assets (2021–2025)
This chart shows how Nicola Mining Inc. American Depositary Shares's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 954.0%, reflecting working capital of $7.17 Million against net assets of $752.02K USD. Explore reinvestment intensity of Nicola Mining Inc. American Depositary S to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Nicola Mining Inc. American Depositary Shares (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nicola Mining Inc. American Depositary Shares from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read debt load of Nicola Mining Inc. American Depositary S for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -93.0% | $3.11 Million | $-3.35 Million | $7.15 Million | $4.04 Million | ▼ -121.4 pp |
| 2024 | 28.5% | $-2.79 Million | $-9.81 Million | $3.43 Million | $6.23 Million | ▲ +94.2 pp |
| 2023 | -65.8% | $4.75 Million | $-7.22 Million | $5.45 Million | $698.56K | ▼ -54.2 pp |
| 2022 | -11.6% | $866.97K | $-7.50 Million | $2.11 Million | $1.24 Million | ▲ +615.0 pp |
| 2021 | -626.6% | $-5.27 Million | $841.42K | $1.75 Million | $7.02 Million | — |