CMLGF (Canickel Mining) Total Assets: $20.47 Mil (As of Mar. 2025)


CMLGF Canickel Mining Ltd CMLGF
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What is Canickel Mining Total Assets?

Canickel Mining CMLGF -100.00% 12 Total Assets is $20.47 Mil as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

Canickel Mining's Total Assets for the quarter that ended in Mar. 2025 was $20.47 Mil.

Total Assets is connected with ROA %. Canickel Mining's annualized ROA % for the quarter that ended in Mar. 2025 was 12.90%. Total Assets is also linked to Revenue through Asset Turnover. Canickel Mining's Asset Turnover for the quarter that ended in Mar. 2025 was 0.00.

Canickel Mining  (OTCPK:CMLGF) Total Assets Explanation

Total Assets is connected with ROA %.

Canickel Mining's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=2.668/( (20.907+20.468)/ 2 )
=2.668/20.6875
=12.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Canickel Mining's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=0/( (20.907+20.468)/ 2 )
=0/20.6875
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Canickel Mining Total Assets Related Terms

Canickel Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Canickel Mining's Total Assets 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.

Canickel Mining Total Assets Chart

Canickel Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.04 5.95 5.22 20.91

Canickel Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.88 4.51 4.47 20.91 20.47
CMLGF
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Canickel Mining Ltd CMLGF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Canickel Mining Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Canickel Mining's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=-73.095+94.002
=20.91

Canickel Mining's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=-71.911+92.378
=20.47

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $20.47 Mil mean?
Canickel Mining (CMLGF) has a Total Assets of $20.47 Mil as of Mar. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Canickel Mining and its competitors.
Is Canickel Mining's Total Assets too high?
Canickel Mining's current Total Assets is $20.47 Mil. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Total Assets compare to NRHI and WOLV?
Canickel Mining's Total Assets of $20.47 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Canickel Mining and its competitors. Canickel Mining's current Total Assets is $20.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Total Assets of $20.47 Mil. The current Total Assets is $20.47 Mil. Canickel Mining's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Canickel Mining (CMLGF), the current Total Assets is $20.47 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canickel Mining Business Description

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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