Wedgemount Resources Corp.
Wedgemount Resources Corp. engages in the acquisition, optimization, and exploitation of producing oil and gas assets in the United States of America. The company is involved in the exploration and development of petroleum and natural gas. Wedgemount Resources Corp. was incorporated in 2020 and is headquartered in West Vancouver, Canada.
Wedgemount Resources Corp. (WDGRF) - Total Assets
Latest total assets as of October 2025: $8.02 Million USD
Based on the latest financial reports, Wedgemount Resources Corp. (WDGRF) holds total assets worth $8.02 Million USD as of October 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.
Wedgemount Resources Corp. - Total Assets Trend (2021–2025)
This chart illustrates how Wedgemount Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wedgemount Resources Corp. - Asset Composition Analysis
Current Asset Composition (July 2025)
Wedgemount Resources Corp.'s total assets of $8.02 Million consist of 11.5% current assets and 88.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $331.03K | 4.0% |
| Inventory | $445.76K | 5.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Wedgemount Resources Corp.'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: Wedgemount Resources Corp.'s current assets represent 11.5% of total assets in 2025, a decrease from 79.6% in 2021.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2025, down from 71.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 5.4% of total assets.
Wedgemount Resources Corp. Competitors by Total Assets
Key competitors of Wedgemount Resources Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Wedgemount Resources Corp. - 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 - Wedgemount Resources Corp. generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wedgemount Resources Corp. is currently not profitable relative to its asset base.
Wedgemount Resources Corp. - 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 | 0.13 | 0.19 | 3.12 |
| Quick Ratio | 0.09 | 0.13 | 3.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.18 Million | $ -4.14 Million | $ 351.09K |
Wedgemount Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Wedgemount Resources Corp.'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 | 3.84 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | $8.32 Million |
| Market Capitalization | $2.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wedgemount Resources Corp.'s assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wedgemount Resources Corp.'s assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wedgemount Resources Corp. (2021–2025)
The table below shows the annual total assets of Wedgemount Resources Corp. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-07-31 | $8.32 Million | +11.99% |
| 2024-07-31 | $7.43 Million | +43.98% |
| 2023-07-31 | $5.16 Million | +736.47% |
| 2022-07-31 | $617.09K | -70.04% |
| 2021-07-31 | $2.06 Million | -- |