Nickel Industries Limited
NIC.AXBasic MaterialsASXOther Industrial Metals & Mining
Scan Results
Daily timeframePart of the basic materials sector, Nickel Industries Limited (NIC.AX) is listed under Other Industrial Metals & Mining. With a market capitalization of $4.60B, it sits in mid-cap territory. It also produces mixed hydroxide precipitate for use in the electric vehicle supply chain.
Market Cap
$4.60B
Beta
—
P/E (TTM)
—
P/E (Fwd)
7.87
EPS (TTM)
$-0.02
EPS (Fwd)
$0.13
ROE
35.4%
ROA
10.1%
Cash
$49.8M
Total Debt
$65.0M
Free CF
-$73.2M
52W Change
61.8%
Annual Financials
Cash vs Debt
Nickel Industries Limited carries $65.0M in total debt against $49.8M in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$73.2M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 35.4% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.1% further supports the picture of efficient asset utilization. Revenue has been uneven over recent years, ranging from $1.22B to $1.65B.
The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NIC.AX.