Nickel Industries Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	323.33	210.95	284.05	144.24	137.86
Short-Term Investments	-	-	490.91	-	-
Cash & Short-Term Investments	323.33	210.95	774.97	144.24	137.86
Cash Growth	53.27%	-72.78%	437.27%	4.63%	-60.77%
Accounts Receivable	182.49	226.11	287.33	170.34	77.08
Other Receivables	366.36	120.59	43.28	65.64	48.02
Receivables	548.84	346.7	330.61	235.97	125.09
Inventory	224.22	139.82	199.45	204.85	107
Prepaid Expenses	25.73	34.94	35.81	47.44	15.21
Restricted Cash	33.44	11.51	3.84	-	-
Total Current Assets	1,156	743.92	1,345	632.5	385.16
Property, Plant & Equipment	1,561	1,629	1,862	1,922	1,264
Long-Term Investments	1,249	1,230	527.24	-	-
Goodwill	47.34	47.34	102.75	102.75	77.98
Other Intangible Assets	70.39	75.07	79.75	-	-
Long-Term Accounts Receivable	39.14	49.5	-	-	-
Other Long-Term Assets	119.36	98.18	142.78	9.66	43.19
Total Assets	4,264	3,896	4,071	2,673	1,771
Accounts Payable	220.58	182.04	175.63	170.07	49.76
Accrued Expenses	15.07	11.11	14.02	6.05	5.13
Short-Term Debt	-	-	-	-	4
Current Portion of Long-Term Debt	123.85	136.38	257.27	7.77	5.28
Current Income Taxes Payable	16.45	21.57	26.09	21.24	7.65
Other Current Liabilities	249.22	3.87	4.87	2.24	2.01
Total Current Liabilities	625.18	354.98	477.88	207.38	73.83
Long-Term Debt	1,102	918.18	587.75	551.52	318.32
Long-Term Deferred Tax Liabilities	64.21	64.21	96.1	96.1	77.98
Other Long-Term Liabilities	14.26	10.65	2.97	2.98	2.57
Total Liabilities	1,806	1,348	1,165	857.98	472.71
Common Stock	2,059	2,035	2,033	942.44	732.93
Retained Earnings	-36.06	61.74	373.06	337.03	250.78
Comprehensive Income & Other	19.75	19.05	19.07	19.14	19.14
Total Common Equity	2,043	2,116	2,425	1,299	1,003
Minority Interest	415.44	432.21	481.59	515.93	295.07
Shareholders' Equity	2,459	2,548	2,907	1,815	1,298
Total Liabilities & Equity	4,264	3,896	4,071	2,673	1,771
Total Debt	1,226	1,055	845.02	559.29	327.61
Net Cash (Debt)	-902.79	-843.61	-70.06	-415.05	-189.74
Net Cash Per Share	-0.21	-0.20	-0.02	-0.15	-0.08
Filing Date Shares Outstanding	4,341	4,290	4,286	2,990	2,515
Total Common Shares Outstanding	4,341	4,290	4,286	2,731	2,515
Working Capital	530.38	388.94	866.79	425.12	311.33
Book Value Per Share	0.47	0.49	0.57	0.48	0.40
Tangible Book Value	1,925	1,994	2,243	1,196	924.86
Tangible Book Value Per Share	0.44	0.46	0.52	0.44	0.37
Buildings	373.03	369.9	360.05	209.66	66.25
Machinery	1,531	1,528	1,684	1,127	562.76
Construction In Progress	12.11	3.92	0.22	712.76	693.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.