Westar Resources Ltd (WSR) - Net Assets
Based on the latest financial reports, Westar Resources Ltd (WSR) has net assets worth AU$1.44 Million AUD (≈ $1.02 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.55 Million ≈ $1.10 Million USD) and total liabilities (AU$114.20K ≈ $80.81K 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. Check WSR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.44 Million |
| % of Total Assets | 92.64% |
| Annual Growth Rate | 44.0% |
| 5-Year Change | -30.22% |
| 10-Year Change | N/A |
| Growth Volatility | 318.25 |
Westar Resources Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Westar Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore WSR total asset value for the complete picture of this company's asset base.
Annual Net Assets for Westar Resources Ltd (2019–2024)
The table below shows the annual net assets of Westar Resources Ltd from 2019 to 2024. For live valuation and market cap data, see Westar Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$3.54 Million ≈ $2.50 Million |
+4.60% |
| 2023-12-31 | AU$3.38 Million ≈ $2.39 Million |
-38.21% |
| 2022-12-31 | AU$5.48 Million ≈ $3.87 Million |
-4.39% |
| 2021-12-31 | AU$5.73 Million ≈ $4.05 Million |
+12.93% |
| 2020-12-31 | AU$5.07 Million ≈ $3.59 Million |
+788.16% |
| 2019-12-31 | AU$570.97K ≈ $404.00K |
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Equity Component Analysis
This analysis shows how different components contribute to Westar 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 919530000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$12.88 Million | 363.86% |
| Other Comprehensive Income | AU$96.10K | 2.72% |
| Total Equity | AU$3.54 Million | 100.00% |
Westar Resources Ltd Competitors by Market Cap
The table below lists competitors of Westar Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EDENVILLE ENERGY PLC-01
F:UZH0
|
$2.66 Million |
|
TECH INVEST GROUP ZY-02
F:6N2
|
$2.66 Million |
|
Novra Technologies Inc
V:NVI
|
$2.66 Million |
|
Nordon Indústrias Metalúrgicas S/A
SA:NORD3
|
$2.66 Million |
|
Sri Havisha Hospitality and Infrastructure Limited
NSE:HAVISHA
|
$2.66 Million |
|
Staffing 360 Solutions Inc
NASDAQ:STAF
|
$2.65 Million |
|
Beeio Honey Ltd
TA:BHNY
|
$2.65 Million |
|
EARTHS Energy Ltd
AU:EE1
|
$2.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westar Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,382,911 to 3,538,537, a change of 155,626 (4.6%).
- Net loss of 1,301,928 reduced equity.
- Share repurchases of 90,723 reduced equity.
- New share issuances of 1,229,207 increased equity.
- Other comprehensive income decreased equity by 651,811.
- Other factors increased equity by 970,881.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.30 Million | -36.79% |
| Share Repurchases | AU$90.72K | -2.56% |
| Share Issuances | AU$1.23 Million | +34.74% |
| Other Comprehensive Income | AU$-651.81K | -18.42% |
| Other Changes | AU$970.88K | +27.44% |
| Total Change | AU$- | 4.60% |
Book Value vs Market Value Analysis
This analysis compares Westar 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.65x to 0.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.01 | AU$0.01 | x |
| 2020-12-31 | AU$0.10 | AU$0.01 | x |
| 2021-12-31 | AU$0.10 | AU$0.01 | x |
| 2022-12-31 | AU$0.06 | AU$0.01 | x |
| 2023-12-31 | AU$0.02 | AU$0.01 | x |
| 2024-12-31 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westar Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -36.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1239.81%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.03x
- Recent ROE (-36.79%) is above the historical average (-47.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -41.61% | 0.00% | 0.00x | 1.04x | AU$-294.66K |
| 2020 | -15.45% | 0.00% | 0.00x | 1.09x | AU$-1.29 Million |
| 2021 | -40.80% | -687270.59% | 0.00x | 1.04x | AU$-2.91 Million |
| 2022 | -63.78% | -1640.23% | 0.04x | 1.04x | AU$-4.04 Million |
| 2023 | -86.25% | -4258.09% | 0.02x | 1.09x | AU$-3.26 Million |
| 2024 | -36.79% | -1239.81% | 0.03x | 1.03x | AU$-1.66 Million |
Industry Comparison
This section compares Westar Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $6,601,942
- Average return on equity (ROE) among peers: -62.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westar Resources Ltd (WSR) | AU$1.44 Million | -41.61% | 0.08x | $2.66 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $3.19 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $58.74 Million |
| Aruma Resources Ltd (AAJ) | $2.25 Million | -50.04% | 0.07x | $6.72 Million |
| Astral Resources NL (AAR) | $2.48 Million | -64.15% | 0.04x | $210.27 Million |
| Antilles Gold Ltd (AAU) | $7.59 Million | 0.06% | 0.33x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $9.43 Million |
| Ardiden Ltd (ADV) | $646.52K | -231.61% | 0.43x | $64.63 Million |
| Australian Gold and Copper Ltd (AGC) | $-3.50K | 0.00% | 0.00x | $32.39 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.14 Million |
| Alkane Resources Ltd (ALK) | $424.00K | 0.47% | 0.99x | $1.39 Billion |
About Westar Resources Ltd
Westar Resources Limited, together with its subsidiaries, explores and develops mineral tenements in Western Australia. The company explores for gold, silver, copper, zinc, and other base metal deposits. Westar Resources Limited was incorporated in 2019 and is based in West Perth, Australia.