Westgold Resources Limited
Westgold Resources Limited engages in the exploration, development, and operation of gold mines in Western Australia. It operates Murchison and Southern Goldfields that covers 3,200 square kilometers in Western Australia. The company was incorporated in 1987 and is based in Perth, Australia.
Westgold Resources Limited (WGXRF) - Net Assets
Latest net assets as of June 2025: $1.98 Billion USD
Based on the latest financial reports, Westgold Resources Limited (WGXRF) has net assets worth $1.98 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.23 Billion) and total liabilities ($1.24 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.98 Billion |
| % of Total Assets | 61.45% |
| Annual Growth Rate | 30.69% |
| 5-Year Change | 226.38% |
| 10-Year Change | 867.97% |
| Growth Volatility | 48.16 |
Westgold Resources Limited - Net Assets Trend (2013–2025)
This chart illustrates how Westgold Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Westgold Resources Limited (2013–2025)
The table below shows the annual net assets of Westgold Resources Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.98 Billion | +186.54% |
| 2024-06-30 | $691.80 Million | +15.62% |
| 2023-06-30 | $598.34 Million | +1.80% |
| 2022-06-30 | $587.77 Million | -3.23% |
| 2021-06-30 | $607.36 Million | +9.37% |
| 2020-06-30 | $555.34 Million | +25.22% |
| 2019-06-30 | $443.49 Million | +9.28% |
| 2018-06-30 | $405.82 Million | +35.44% |
| 2017-06-30 | $299.64 Million | +46.31% |
| 2016-06-30 | $204.79 Million | +53.64% |
| 2015-06-30 | $133.29 Million | +28.54% |
| 2014-06-30 | $103.69 Million | +29.84% |
| 2013-06-30 | $79.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Westgold Resources Limited'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 grown by 15405601600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $56.61 Million | 2.86% |
| Common Stock | $1.72 Billion | 86.57% |
| Other Comprehensive Income | $209.64 Million | 10.58% |
| Other Components | $3.00 | 0.00% |
| Total Equity | $1.98 Billion | 100.00% |
Westgold Resources Limited Competitors by Market Cap
The table below lists competitors of Westgold Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
$1.60 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
$1.60 Billion |
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.60 Billion |
|
Braze Inc
NASDAQ:BRZE
|
$1.60 Billion |
|
Kojamo
HE:KOJAMO
|
$1.60 Billion |
|
Nippon Suisan Kaisha Ltd
OTCMKTS:NISUF
|
$1.60 Billion |
|
JEOL -JAPAN EL.OPT.-
F:JEL
|
$1.60 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westgold Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 691,801,106 to 1,982,313,539, a change of 1,290,512,433 (186.5%).
- Net income of 34,979,527 contributed positively to equity growth.
- Dividend payments of 5,966,639 reduced retained earnings.
- Other comprehensive income increased equity by 7,853,057.
- Other factors increased equity by 1,253,646,488.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.98 Million | +1.76% |
| Dividends Paid | $5.97 Million | -0.3% |
| Other Comprehensive Income | $7.85 Million | +0.4% |
| Other Changes | $1.25 Billion | +63.24% |
| Total Change | $- | 186.54% |
Book Value vs Market Value Analysis
This analysis compares Westgold Resources Limited'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: 0.79x
- 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 decreased from 8.91x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | $0.19 | $1.71 | x |
| 2014-06-30 | $0.25 | $1.71 | x |
| 2015-06-30 | $0.32 | $1.71 | x |
| 2016-06-30 | $0.34 | $1.71 | x |
| 2017-06-30 | $0.98 | $1.71 | x |
| 2018-06-30 | $1.19 | $1.71 | x |
| 2019-06-30 | $1.18 | $1.71 | x |
| 2020-06-30 | $1.30 | $1.71 | x |
| 2021-06-30 | $1.43 | $1.71 | x |
| 2022-06-30 | $1.34 | $1.71 | x |
| 2023-06-30 | $1.26 | $1.71 | x |
| 2024-06-30 | $1.44 | $1.71 | x |
| 2025-06-30 | $2.17 | $1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westgold Resources Limited 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): 1.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.63x
- Recent ROE (1.76%) is above the historical average (0.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -30.98% | 0.00% | 0.00x | 1.17x | $-32.72 Million |
| 2014 | 22.98% | 14.80% | 0.72x | 2.16x | $13.46 Million |
| 2015 | 10.25% | 5.87% | 0.83x | 2.11x | $336.49K |
| 2016 | -19.76% | -6.75% | 0.77x | 3.81x | $-30.98 Million |
| 2017 | 5.26% | 5.14% | 0.59x | 1.73x | $-14.19 Million |
| 2018 | -0.29% | -0.42% | 0.41x | 1.64x | $-41.75 Million |
| 2019 | 3.19% | 3.38% | 0.62x | 1.53x | $-30.22 Million |
| 2020 | 6.63% | 7.08% | 0.62x | 1.52x | $-17.58 Million |
| 2021 | 12.64% | 13.44% | 0.63x | 1.48x | $16.02 Million |
| 2022 | -18.91% | -17.16% | 0.78x | 1.41x | $-169.90 Million |
| 2023 | 1.67% | 1.53% | 0.80x | 1.36x | $-49.83 Million |
| 2024 | 13.77% | 13.29% | 0.68x | 1.52x | $26.05 Million |
| 2025 | 1.76% | 2.55% | 0.42x | 1.63x | $-163.25 Million |
Industry Comparison
This section compares Westgold Resources Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westgold Resources Limited (WGXRF) | $1.98 Billion | -30.98% | 0.63x | $1.60 Billion |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |