Nicola Mining Inc. (NICM) Key Metrics
NICM key metrics, 2021–2025
Fiscal year ended December 31, 2025 · Canadian dollarsNICM returns How much profit the business earns on the capital it uses.
NICM financial health Debt, liquidity and how easily interest is covered.
NICM efficiency & capital use Working capital cycle and where the cash goes.
NICM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NICM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NICM key metrics in Canadian dollars
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | — | — | — | — | −404.7% |
| Return on invested capital (ROIC) | — | — | — | — | −365.9% |
| Return on assets (ROA) | −31.9% | −45.7% | −31.3% | −0.5% | −27.5% |
| Return on tangible assets | −27.7% | −49.1% | −27.2% | −0.6% | −27.5% |
| Free cash flow margin | −514.2% | −460.1% | 236.3% | — | — |
| Financial health | |||||
| Total debt | C$931,012 | — | C$4.2M | C$5.1M | C$555,715 |
| Cash & short-term investments | C$6.0M | C$1.5M | C$4.8M | C$895,774 | C$916,286 |
| Net debt | −C$5.0M | −C$1.5M | −C$519,270 | C$4.2M | −C$360,571 |
| Debt / equity | — | — | — | — | 0.66 |
| Debt / assets | 0.06 | — | 0.35 | 0.56 | 0.04 |
| Net debt / EBITDA | — | — | — | 2.87 | — |
| Current ratio | 1.77 | 0.55 | 7.80 | 1.70 | 0.25 |
| Quick ratio | 1.77 | 0.55 | 7.80 | 1.70 | 0.25 |
| Interest coverage | -22.2 | -11.2 | -7.1 | 1.1 | -1.6 |
| Working capital | C$3.1M | −C$2.8M | C$4.7M | C$866,967 | −C$5.3M |
| Invested capital | −C$8.4M | −C$11.3M | −C$7.7M | −C$3.3M | C$480,846 |
| Tangible asset value | −C$3.3M | −C$9.8M | −C$7.2M | −C$7.5M | C$841,417 |
| Net current asset value | −C$10.7M | −C$17.0M | −C$14.0M | −C$14.4M | −C$9.8M |
| Capital allocation | |||||
| Dividends paid | C$0 | C$0 | C$0 | C$0 | C$0 |
| Dividends + buybacks / free cash flow | — | — | 0.0% | 0.0% | — |
| Capex / revenue | 16.1% | 55.4% | 3.0% | — | — |
| Capex / operating cash flow | — | — | 1.2% | 3.4% | — |
| Capex / depreciation | 0.49 | 1.96 | 0.23 | 0.33 | 3.07 |
| Stock-based compensation / revenue | 220.5% | 92.5% | 42.0% | — | — |
| SG&A / revenue | 372.3% | 256.5% | 103.1% | — | — |
| Efficiency | |||||
| Days sales outstanding | 196.1 | 178.1 | 185.4 | — | — |
| Receivables turnover | 1.86 | 2.05 | 1.97 | 0.00 | 0.00 |
| Asset turnover | 0.09 | 0.07 | 0.15 | 0.00 | 0.00 |
| Average receivables | C$600,491 | C$399,292 | C$821,770 | C$966,939 | C$734,870 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from NICM's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
NICM valuation and financial ratios
It ended the year with C$0.9 million of debt and C$6.0 million in cash and short-term investments, a net cash position of C$5.0 million.
See the NICM income statement, the NICM chart for price history, or the NICM stock overview for the latest quote and news.
NICM key metrics FAQ
How much debt does Nicola Mining Inc. have?
Nicola Mining Inc. had total debt of C$0.9 million at the end of fiscal 2025 and more cash than debt.
Does Nicola Mining Inc. pay a dividend?
Nicola Mining Inc. did not pay a dividend in fiscal 2025.
What is Nicola Mining Inc.'s current ratio?
Nicola Mining Inc.'s current ratio was 1.77 at the end of fiscal 2025: current assets were 1.77 times current liabilities.