Western Gold Resources Ltd (WGR) - Net Assets
Based on the latest financial reports, Western Gold Resources Ltd (WGR) has net assets worth AU$1.38 Million AUD (≈ $976.55K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.68 Million ≈ $1.19 Million USD) and total liabilities (AU$303.68K ≈ $214.87K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read WGR total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.38 Million |
| % of Total Assets | 81.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5345.71% |
| 10-Year Change | N/A |
| Growth Volatility | 4162.65 |
Western Gold Resources Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Western Gold Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Western Gold Resources Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Western Gold Resources Ltd (2018–2025)
The table below shows the annual net assets of Western Gold Resources Ltd from 2018 to 2025. For live valuation and market cap data, see how much is Western Gold Resources Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.38 Million ≈ $976.55K |
+3.94% |
| 2024-06-30 | AU$1.33 Million ≈ $939.57K |
+28.91% |
| 2023-06-30 | AU$1.03 Million ≈ $728.86K |
-58.12% |
| 2022-06-30 | AU$2.46 Million ≈ $1.74 Million |
+9604.53% |
| 2021-06-30 | AU$25.34K ≈ $17.93K |
+100.84% |
| 2020-06-30 | AU$-3.03 Million ≈ $-2.14 Million |
-11.54% |
| 2019-06-30 | AU$-2.71 Million ≈ $-1.92 Million |
-40.70% |
| 2018-06-30 | AU$-1.93 Million ≈ $-1.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Western Gold Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1056290800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$21.43 Million | 1552.93% |
| Other Comprehensive Income | AU$2.84 Million | 205.64% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$1.38 Million | 100.00% |
Western Gold Resources Ltd Competitors by Market Cap
The table below lists competitors of Western Gold Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vulcan Minerals Inc.
V:VUL
|
$29.93 Million |
|
Odessa Minerals Ltd
AU:ODE
|
$29.95 Million |
|
HydrogenPro AS
OL:HYPRO
|
$29.95 Million |
|
Stadlauer Malzfabrik Aktiengesellschaft
VI:STM
|
$29.96 Million |
|
Ogunsen AB Series B
ST:OGUN-B
|
$29.92 Million |
|
Galva Technologies Tbk PT
JK:GLVA
|
$29.88 Million |
|
YNH Property Bhd
KLSE:3158
|
$29.85 Million |
|
Broadpeak SA
PA:ALBPK
|
$29.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Gold Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,327,889 to 1,380,162, a change of 52,273 (3.9%).
- Net loss of 2,496,028 reduced equity.
- Share repurchases of 1,772,990 reduced equity.
- Other comprehensive income increased equity by 519,202.
- Other factors increased equity by 3,802,089.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.50 Million | -180.85% |
| Share Repurchases | AU$1.77 Million | -128.46% |
| Other Comprehensive Income | AU$519.20K | +37.62% |
| Other Changes | AU$3.80 Million | +275.48% |
| Total Change | AU$- | 3.94% |
Book Value vs Market Value Analysis
This analysis compares Western Gold Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 19.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$-0.02 | AU$0.15 | x |
| 2019-06-30 | AU$-0.03 | AU$0.15 | x |
| 2020-06-30 | AU$-0.04 | AU$0.15 | x |
| 2021-06-30 | AU$0.00 | AU$0.15 | x |
| 2022-06-30 | AU$0.04 | AU$0.15 | x |
| 2023-06-30 | AU$0.01 | AU$0.15 | x |
| 2024-06-30 | AU$0.01 | AU$0.15 | x |
| 2025-06-30 | AU$0.01 | AU$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Gold Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -180.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3745.60%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.22x
- Recent ROE (-180.85%) is below the historical average (916.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-106.60K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-513.42K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-10.44K |
| 2021 | 8092.88% | 0.00% | 0.00x | 33.09x | AU$2.05 Million |
| 2022 | -162.97% | 0.00% | 0.00x | 1.19x | AU$-4.25 Million |
| 2023 | -184.90% | -72145.95% | 0.00x | 1.25x | AU$-2.01 Million |
| 2024 | -234.01% | -66898.51% | 0.00x | 1.56x | AU$-3.24 Million |
| 2025 | -180.85% | -3745.60% | 0.04x | 1.22x | AU$-2.63 Million |
Industry Comparison
This section compares Western Gold Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Gold Resources Ltd (WGR) | AU$1.38 Million | 0.00% | 0.22x | $29.92 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Western Gold Resources Ltd
Western Gold Resources Limited engages in the exploration and evaluation of mineral resources in Australia and Sweden. The company explores for gold, lithium, caesium, tantalum, and graphite deposits. It holds 100% interest in Gold Duke Gold Project covering an area of 85.8 square kilometers located in Wiluna, Western Australia. The company was incorporated in 2009 and is based in West Perth, Aus… Read more