Westgold Resources Ltd - Asset Resilience Ratio

Latest as of December 2024: 0.06%

Westgold Resources Ltd (WGX) has an Asset Resilience Ratio of 0.06% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check WGX strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$1.84 Million

≈ $1.30 Million USD Cash + Short-term Investments

Total Assets

AU$2.95 Billion

≈ $2.09 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2000–2019)

This chart shows how Westgold Resources Ltd's Asset Resilience Ratio has changed over time. See WGX net asset quality score to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Westgold Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Westgold Resources Ltd (WGX) market capitalisation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	AU$0.00	0%
Short-term Investments	AU$1.84 Million	0.06%
Total Liquid Assets	AU$1.84 Million	0.06%

Asset Resilience Insights

Limited Liquidity: Westgold Resources Ltd maintains only 0.06% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

Westgold Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Westgold Resources Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Newmont Goldcorp Corp NYSE:NEM	Gold	10.91%
Newmont Corporation AU:NEM	Gold	0.01%
Shandong Gold Mining Co Ltd SHG:600547	Gold	1.68%
New Gold Inc TO:NGD	Gold	0.02%
Aris Mining Corporation TO:ARIS	Gold	17.45%
Allied Gold Corporation TO:AAUC	Gold	8.13%
Emerald Resources NL AU:EMR	Gold	0.01%
G2 Goldfields Inc. TO:GTWO	Gold	0.40%

Annual Asset Resilience Ratio for Westgold Resources Ltd (2000–2019)

The table below shows the annual Asset Resilience Ratio data for Westgold Resources Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2019-06-30	0.21%	AU$1.43 Million ≈ $1.01 Million	AU$676.72 Million ≈ $478.82 Million	+0.02pp
2018-06-30	0.19%	AU$1.29 Million ≈ $910.31K	AU$667.28 Million ≈ $472.14 Million	-0.07pp
2017-06-30	0.26%	AU$1.34 Million ≈ $946.59K	AU$517.99 Million ≈ $366.51 Million	--
2016-06-30	0.00%	AU$0.00 ≈ $0.00	AU$466.55 Million ≈ $330.11 Million	--
2014-06-30	1.40%	AU$3.15 Million ≈ $2.23 Million	AU$224.37 Million ≈ $158.76 Million	-1.96pp
2013-06-30	3.37%	AU$3.15 Million ≈ $2.23 Million	AU$93.57 Million ≈ $66.21 Million	+1.23pp
2006-06-30	2.13%	AU$251.00K ≈ $177.60K	AU$11.78 Million ≈ $8.33 Million	+0.81pp
2004-06-30	1.32%	AU$141.00K ≈ $99.77K	AU$10.65 Million ≈ $7.53 Million	+0.05pp
2003-06-30	1.27%	AU$141.00K ≈ $99.77K	AU$11.08 Million ≈ $7.84 Million	-0.33pp
2002-06-30	1.61%	AU$138.00K ≈ $97.64K	AU$8.60 Million ≈ $6.08 Million	-3.09pp
2001-06-30	4.69%	AU$450.00K ≈ $318.40K	AU$9.59 Million ≈ $6.79 Million	+2.15pp
2000-06-30	2.54%	AU$388.00K ≈ $274.53K	AU$15.29 Million ≈ $10.82 Million	--

pp = percentage points

About Westgold Resources Ltd

AU:WGX Australia Gold

Market Cap

$3.35 Billion

AU$4.73 Billion AUD

Market Cap Rank

#4710 Global

#112 in Australia

Share Price

AU$5.01

Change (1 day)

-3.65%

52-Week Range

AU$2.53 - AU$8.05

All Time High

AU$8.05