Western Gold Exploration Ltd (WGLD) — 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. See Western Gold Exploration Ltd (WGLD) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Western Gold Exploration Ltd Tangible Net Worth Ratio (2019–2024)
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. Also explore Western Gold Exploration Ltd (WGLD) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Western Gold Exploration Ltd (2019–2024)
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 the full company profile including market capitalisation, see WGLD company net worth.
| 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 | — |