Nicola Mining Stock Current Asset

NIM Stock  CAD 0.27  0.01  3.57%   
Nicola Mining fundamentals help investors to digest information that contributes to Nicola Mining's financial success or failures. It also enables traders to predict the movement of Nicola Stock. The fundamental analysis module provides a way to measure Nicola Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nicola Mining stock.
Non Current Assets Total is likely to climb to about 21.3 M in 2024. Other Current Assets is likely to climb to about 129.2 K in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nicola Mining Company Current Asset Analysis

Nicola Mining's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Nicola Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Nicola Mining is extremely important. It helps to project a fair market value of Nicola Stock properly, considering its historical fundamentals such as Current Asset. Since Nicola Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nicola Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nicola Mining's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Nicola Total Assets

Total Assets

27.01 Million

At this time, Nicola Mining's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Nicola Mining has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

Nicola Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nicola Mining from analyzing Nicola Mining's financial statements. These drivers represent accounts that assess Nicola Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nicola Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap23.3M34.9M24.9M32.2M45.1M47.4M
Enterprise Value28.5M40.7M31.1M37.0M44.6M46.9M

Nicola Fundamentals

About Nicola Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nicola Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nicola Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nicola Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Nicola Stock Analysis

When running Nicola Mining's price analysis, check to measure Nicola Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nicola Mining is operating at the current time. Most of Nicola Mining's value examination focuses on studying past and present price action to predict the probability of Nicola Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicola Mining's price. Additionally, you may evaluate how the addition of Nicola Mining to your portfolios can decrease your overall portfolio volatility.