Westhaven Ventures Inc - Asset Resilience Ratio
Westhaven Ventures Inc (WHN) has an Asset Resilience Ratio of 2.95% as of December 2023. 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. Read WHN liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Westhaven Ventures Inc's Asset Resilience Ratio has changed over time. See WHN total equity for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Westhaven Ventures Inc'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 market cap of Westhaven Ventures Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.00 Million | 2.95% |
| Total Liquid Assets | CA$1.00 Million | 2.95% |
Asset Resilience Insights
- Limited Liquidity: Westhaven Ventures Inc maintains only 2.95% 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.
Westhaven Ventures Inc Industry Peers by Asset Resilience Ratio
Compare Westhaven Ventures Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 8.36% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.81% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
New Gold Inc
TO:NGD |
Gold | 0.04% |
|
Zhongjin Gold Corp Ltd
SHG:600489 |
Gold | 0.02% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
Annual Asset Resilience Ratio for Westhaven Ventures Inc (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Westhaven Ventures Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.95% | CA$1.00 Million ≈ $723.38K |
CA$33.90 Million ≈ $24.52 Million |
-8.62pp |
| 2022-12-31 | 11.57% | CA$4.00 Million ≈ $2.89 Million |
CA$34.59 Million ≈ $25.02 Million |
-- |
| 2021-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$30.56 Million ≈ $22.11 Million |
-- |
| 2019-12-31 | 29.69% | CA$4.18 Million ≈ $3.02 Million |
CA$14.08 Million ≈ $10.19 Million |
-- |
About Westhaven Ventures Inc
Westhaven Gold Corp. engages in the acquisition, exploration, and development, and evaluation of resource properties in Canada. It primarily explores for gold and silver deposits. The company's flagship project is the Shovelnose project, which covers approximately 41,634 hectares located in the Spences Bridge Gold Belt in British Columbia, Canada. The company was formerly known as Westhaven Ventu… Read more