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. See Westhaven Ventures Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see total assets of Westhaven Ventures Inc.
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. Read WHN liabilities breakdown for a breakdown of total debt and financial obligations.
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 | 0.04% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Harmony Gold Mining Co. Ltd.
JSE:HAR |
Gold | 0.25% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Western Gold Co Ltd
SHG:601069 |
Gold | 0.13% |
|
Fortuna Silver Mines Inc
TO:FVI |
Gold | 9.98% |
|
Sandstorm Gold Ltd N
TO:SSL |
Gold | 0.45% |
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