Premium Nickel Resources Ltd.

As of September 30, 2024, Premium Nickel Resources Ltd. has 185.71M shares outstanding.

These figures are as of September 30, 2024.

These figures are as of September 30, 2024. Premium Nickel Resources Ltd. trades at an EV/FCF ratio of 10.56, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of September 30, 2024, Premium Nickel Resources Ltd. maintains a current ratio of 3.70, meaning it holds 3.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 254.78, indicating elevated leverage, while an interest coverage ratio of -7.97 demonstrates limited ability to service its debt obligations.

Over the twelve months ended September 30, 2024, Premium Nickel Resources Ltd. posted a negative return on equity (ROE) of -182.63, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -59.27, reflecting losses generated across the asset base. Inventory turnover of 1.51 indicates how many times Premium Nickel Resources Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

These figures cover the twelve months ended September 30, 2024. Free cash flow yield is negative at -16.66: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -34.26, meaning Premium Nickel Resources Ltd. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Premium Nickel Resources Ltd.'s most recent stock split took place on August 18, 2022 with a 5:1 split ratio.

As of September 30, 2024, Premium Nickel Resources Ltd. has an Altman Z-Score of -4.29, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.