Westgold Resources Limited
Westgold Resources Limited engages in the exploration, development, and operation of gold mines in Western Australia. It operates Murchison and Southern Goldfields that covers 3,200 square kilometers in Western Australia. The company was incorporated in 1987 and is based in Perth, Australia.
Westgold Resources Limited - Asset Resilience Ratio
Westgold Resources Limited (WGXRF) 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2019)
This chart shows how Westgold Resources Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Westgold Resources Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.84 Million | 0.06% |
| Total Liquid Assets | $1.84 Million | 0.06% |
Asset Resilience Insights
- Limited Liquidity: Westgold Resources Limited 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 Limited Industry Peers by Asset Resilience Ratio
Compare Westgold Resources Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for Westgold Resources Limited (2019–2019)
The table below shows the annual Asset Resilience Ratio data for Westgold Resources Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-06-30 | 0.21% | $1.43 Million | $676.72 Million | -- |