Whitemud Resources Inc.
Whitemud Resources Inc. engages in the mining, processing, and marketing of kaolin and metakaolin products in Canada. It operates in two segments, Metakaolin and Commodities. The company offers EnviroPozz metakaolin, which is processed from naturally occurring kaolin clay into a dry, off-white fine powder cementitious material. It also involved in the managing and marketing commodities. The compa… Read more
Whitemud Resources Inc. (WHTEF) - Total Assets
Latest total assets as of June 2024: $8.39 Million USD
Based on the latest financial reports, Whitemud Resources Inc. (WHTEF) holds total assets worth $8.39 Million USD as of June 2024.
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.
Whitemud Resources Inc. - Total Assets Trend (2019–2023)
This chart illustrates how Whitemud Resources Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Whitemud Resources Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Whitemud Resources Inc.'s total assets of $8.39 Million consist of 31.5% current assets and 68.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $55.60K | 2.8% |
| Inventory | $309.13K | 15.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Whitemud Resources Inc.'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Whitemud Resources Inc.'s current assets represent 31.5% of total assets in 2023, a decrease from 90.8% in 2019.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2023, down from 9.7% 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 inventory at 15.7% of total assets.
Whitemud Resources Inc. Competitors by Total Assets
Key competitors of Whitemud Resources Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Whitemud Resources Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Whitemud Resources Inc. generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Whitemud Resources Inc. is currently not profitable relative to its asset base.
Whitemud Resources Inc. - 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 | 0.37 | 1.35 | 1.90 |
| Quick Ratio | 0.27 | 1.13 | 1.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.81 Million | $ 475.50K | $ 1.16 Million |
Whitemud Resources Inc. - Advanced Valuation Insights
This section examines the relationship between Whitemud Resources Inc.'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 | - |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -39.0% |
| Total Assets | $1.97 Million |
| Market Capitalization | $827.83K USD |
Valuation Analysis
Below Book Valuation: The market values Whitemud Resources Inc.'s assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Whitemud Resources Inc.'s assets decreased by 39.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Whitemud Resources Inc. (2019–2023)
The table below shows the annual total assets of Whitemud Resources Inc. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.97 Million | -39.03% |
| 2022-12-31 | $3.22 Million | -4.77% |
| 2021-12-31 | $3.39 Million | -54.40% |
| 2020-12-31 | $7.43 Million | -20.81% |
| 2019-12-31 | $9.38 Million | -- |