Canada Nickel Co (Canada Nickel Co) Debt-to-Asset : 0.08 (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Canada Nickel Co Debt-to-Asset?

Canada Nickel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $12.79 Mil. Canada Nickel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.14 Mil. Canada Nickel Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was $162.70 Mil. Canada Nickel Co's debt to asset for the quarter that ended in Jan. 2024 was 0.08.

Canada Nickel Co Debt-to-Asset Historical Data

The historical data trend for Canada Nickel Co's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canada Nickel Co Debt-to-Asset Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Debt-to-Asset

0.09

Canada Nickel Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial												0.12	-	-	0.09	0.08

Competitive Comparison of Canada Nickel Co's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canada Nickel Co's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canada Nickel Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Canada Nickel Co's Debt-to-Asset falls into.

Canada Nickel Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canada Nickel Co's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(12.159	+	0.15)	/	133.509
	=	0.09

Canada Nickel Co's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(12.793	+	0.142)	/	162.698
	=	0.08

Canada Nickel Co (OTCPK:CNIKF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Canada Nickel Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Canada Nickel Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada Nickel Co (Canada Nickel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (OTCPK:CNIKF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

4E0:Germany CNC:Canada

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.