Nicola Mining (NICM) Balance Sheet: Assets & Liabilities

Nicola Mining (NICM) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2025), Nicola Mining reported total assets of CAD 14.55M and total liabilities of CAD 17.90M. Shareholders' equity was negative at −CAD 3.35M, meaning liabilities exceed assets. Total debt stood at CAD 931.01K against CAD 5.95M in cash and short-term investments, a net cash position of CAD 5.02M.

Nicola Mining Balance Sheet Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Nicola Mining Inc. (NICM) - Annual data in millions CAD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	1.70	1.70	1.46	4.76	0.90	0.92
Short-Term Investments	4.25	4.25	1.08	1.08	-	-
Cash & Short-Term Investments	5.95	5.95	2.54	4.76	0.90	0.92
Accounts Receivable	0.85	0.65	0.67	0.44	1.20	0.73
Inventory	0.00	-	-	-	-	-
Other Current Assets	0.35	0.35	0.22	0.12	0.01	0.09
Total Current Assets	7.15	7.15	3.43	5.45	2.11	1.75
Non-Current Assets
Property, Plant & Equipment (Net)	5.96	5.96	5.79	5.50	5.68	9.18
Other Non-Current Assets	1.44	1.44	1.44	1.28	1.23	1.44
Total Non-Current Assets	7.40	7.40	7.23	6.78	6.90	-
Total Assets	14.55	14.55	10.66	12.22	9.01	12.36
Current Liabilities
Accounts Payable	0.00	2.80	1.62	1.62	0.56	0.57
Short-Term Debt	0.82	0.72	4.48	-	0.60	-
Current Portion of Long-Term Debt	-	-	4.48	4.48	0.62	6.43
Deferred Revenue	0.41	0.41	-	-	-	-
Other Current Liabilities	2.80	-	0.10	0.10	0.06	-
Total Current Liabilities	4.04	4.04	6.23	0.70	1.24	7.02
Non-Current Liabilities
Long-Term Debt	0.11	0.11	0.03	4.24	5.07	0.56
Other Non-Current Liabilities	13.75	13.75	14.22	14.22	10.18	3.91
Total Non-Current Liabilities	13.86	13.86	14.25	18.74	15.27	4.50
Total Liabilities	17.90	17.90	20.47	19.44	16.51	11.52
Stockholders' Equity
Common Stock	98.32	98.32	87.78	85.89	82.92	82.35
Retained Earnings	-114.48	-114.48	-111.45	-106.22	-102.89	-93.27
Additional Paid-in Capital	12.81	11.12	9.49	8.74	8.22	-
Shares Outstanding	-	210.61	169.92	161.18	149.04	-
Total Stockholders' Equity	-3.35	-3.35	-9.81	-7.22	-7.50	0.84
Total Liabilities & Equity	14.55	14.55	10.66	12.22	9.01	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Nicola Mining Balance Sheet

How much debt does Nicola Mining have?

Nicola Mining had total debt of CAD 931.01K as of Mar 31, 2026, against CAD 5.95M in cash and short-term investments. Total debt was CAD 4.51M a year earlier.

What are Nicola Mining's total assets?

Nicola Mining reported total assets of CAD 14.55M as of Mar 31, 2026, up 36.5% from CAD 10.66M a year earlier. Total liabilities were CAD 17.90M.

What is Nicola Mining's shareholders' equity?

Nicola Mining's shareholders' equity was negative at −CAD 3.35M as of Mar 31, 2026, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition