West Cobar Metals Ltd (WC1) - Total Assets
Based on the latest financial reports, West Cobar Metals Ltd (WC1) holds total assets worth AU$8.64 Million AUD (≈ $6.11 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See what is West Cobar Metals Ltd's book value for net asset value and shareholders' equity analysis.
West Cobar Metals Ltd - Total Assets Trend (2019–2025)
This chart illustrates how West Cobar Metals Ltd's total assets have evolved over time, based on quarterly financial data.
West Cobar Metals Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
West Cobar Metals Ltd's total assets of AU$8.64 Million consist of 5.6% current assets and 94.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$309.27K | 3.6% |
| Accounts Receivable | AU$160.17K | 1.9% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$8.16 Million | 94.4% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how West Cobar Metals Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is West Cobar Metals Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: West Cobar Metals Ltd's current assets represent 5.6% of total assets in 2025, a decrease from 93.3% in 2019.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2025, down from 39.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.4% of total assets.
West Cobar Metals Ltd Competitors by Total Assets
Key competitors of West Cobar Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
|
Perseus Mining Ltd
TO:PRU
|
Canada | CA$3.77 Billion |
|
Aris Mining Corporation
TO:ARIS
|
Canada | CA$2.39 Billion |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC
|
USA | $230.59 Million |
|
Seabridge Gold Inc.
TO:SEA
|
Canada | CA$1.71 Billion |
|
West African Resources Ltd
AU:WAF
|
Australia | AU$2.27 Billion |
|
Spartan Resources Ltd
AU:SPR
|
Australia | AU$453.72 Million |
West Cobar Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.31 | 0.58 | 3.18 |
| Quick Ratio | 1.31 | 0.73 | 3.18 |
| Cash Ratio | 0.84 | 0.29 | 0.00 |
| Working Capital | AU$112.87K | AU$-373.13K | AU$48.15K |
West Cobar Metals Ltd - Advanced Valuation Insights
This section examines the relationship between West Cobar Metals Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.98 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | -28.1% |
| Total Assets | AU$8.64 Million |
| Market Capitalization | $5.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values West Cobar Metals Ltd's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: West Cobar Metals Ltd's assets decreased by 28.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for West Cobar Metals Ltd (2019–2025)
The table below shows the annual total assets of West Cobar Metals Ltd from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.64 Million ≈ $6.11 Million |
-28.14% |
| 2024-06-30 | AU$12.02 Million ≈ $8.51 Million |
-11.46% |
| 2023-06-30 | AU$13.58 Million ≈ $9.61 Million |
+199.19% |
| 2022-06-30 | AU$4.54 Million ≈ $3.21 Million |
+858.86% |
| 2021-06-30 | AU$473.31K ≈ $334.90K |
+545.28% |
| 2020-06-30 | AU$73.35K ≈ $51.90K |
+174.55% |
| 2019-06-30 | AU$26.72K ≈ $18.90K |
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About West Cobar Metals Ltd
West Cobar Metals Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral resources in Australia. It explores for critical minerals, gold, copper, rare earth element, titanium dioxide, scandium, alumina, antimony, and silver deposits. West Cobar Metals Limited was incorporated in 2021 and is based in Subiaco, Australia.