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. Check WHN PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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 debt-free asset ratio of Westhaven Ventures Inc to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988 |
Gold | 0.27% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.67% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
|
Torex Gold Resources Inc
TO:TXG |
Gold | 3.96% |
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, development, and evaluation of mineral properties within the Spences Bridge Gold Belt in southern British Columbia, Canada. It explores for gold and silver deposits. The company was formerly known as Westhaven Ventures Inc. and changed its name to Westhaven Gold Corp. in July 2020. Westhaven Gold Corp. was incorporated in 1998 and is h… Read more