Westgold Resources Limited

PINK:WGXRF USA Gold
Market Cap
$1.61 Billion
Market Cap Rank
#5618 Global
#3291 in USA
Share Price
$1.71
Change (1 day)
-4.69%
52-Week Range
$1.71 - $1.83
All Time High
$2.20
About

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

Latest as of December 2024: 0.06%

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
$1.84 Million
Cash + Short-term Investments
Total Assets
$2.95 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

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 --
pp = percentage points