Westmount Energy Limited

OTCQB:WMELF USA
Market Cap
$1.44 Million
Market Cap Rank
#35591 Global
#11598 in USA
Share Price
$0.01
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.01
All Time High
$0.32
About

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.

Westmount Energy Limited (WMELF) - Total Assets

Latest total assets as of December 2023: $4.62 Million USD

Based on the latest financial reports, Westmount Energy Limited (WMELF) holds total assets worth $4.62 Million USD as of December 2023.

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.

Westmount Energy Limited - Total Assets Trend (2016–2022)

This chart illustrates how Westmount Energy Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Westmount Energy Limited - Asset Composition Analysis

Current Asset Composition (June 2022)

Westmount Energy Limited's total assets of $4.62 Million consist of 12.2% current assets and 87.8% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 12.1%
Accounts Receivable $10.15K 0.1%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2016–2022)

This chart illustrates how Westmount Energy Limited'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: Westmount Energy Limited's current assets represent 12.2% of total assets in 2022, a decrease from 65.6% in 2016.
  • Cash Position: Cash and equivalents constituted 12.1% of total assets in 2022, down from 64.0% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.

Westmount Energy Limited Competitors by Total Assets

Key competitors of Westmount Energy Limited based on total assets are shown below.

Company Country Total Assets
No similar companies found.

Westmount Energy Limited - 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Westmount Energy Limited generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -89.75% - -0.77%

Negative ROA - Westmount Energy Limited is currently not profitable relative to its asset base.

Westmount Energy Limited - 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 10.28 25.75 0.70
Quick Ratio 10.28 25.75 0.70
Cash Ratio 0.00 0.00 0.00
Working Capital $338.81K $ 1.12 Million $ -29.61K

Westmount Energy Limited - Advanced Valuation Insights

This section examines the relationship between Westmount Energy Limited'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 0.39
Latest Market Cap to Assets Ratio 0.15
Asset Growth Rate (YoY) -47.3%
Total Assets $8.28 Million
Market Capitalization $1.22 Million USD

Valuation Analysis

Below Book Valuation: The market values Westmount Energy Limited's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Westmount Energy Limited's assets decreased by 47.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Westmount Energy Limited (2016–2022)

The table below shows the annual total assets of Westmount Energy Limited from 2016 to 2022.

Year Total Assets Change
2022-06-30 $8.28 Million -47.26%
2021-06-30 $15.69 Million +8.09%
2020-06-30 $14.52 Million +111.92%
2019-06-30 $6.85 Million +198.72%
2018-06-30 $2.29 Million +79.22%
2017-06-30 $1.28 Million +103.39%
2016-06-30 $629.04K --