Western Gold Exploration Ltd Tangible Net Worth Ratio
Western Gold Exploration Ltd tangible net worth ratio. Western Gold Exploration Ltd (WGLD) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$829.81K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check WGLD PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Western Gold Exploration Ltd (2019–2024)
Tangible net worth ratio of Western Gold Exploration Ltd from 2019 to 2024. This chart shows how Western Gold Exploration Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$829.81K with intangible assets of CA$0.00 CAD. See Western Gold Exploration Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Western Gold Exploration Ltd Tangible Net Worth Ratio by Year (2019–2024)
Western Gold Exploration Ltd tangible net worth ratio by year from 2019 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Western Gold Exploration Ltd from 2019 to 2024, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Western Gold Exploration Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$848.73K | CA$0.00 | CA$891.00K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$1.44 Million | CA$0.00 | CA$1.48 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.29 Million | CA$0.00 | CA$1.40 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.85 Million | CA$0.00 | CA$5.91 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$6.26 Million | CA$0.00 | CA$6.32 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.47 Million | CA$0.00 | CA$2.79 Million | — |