Wesdome Gold Mines Ltd
Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. The company operates through Eagle River and Kiena segments. It holds 100% interest in the Eagle River Mine consisting of 3 contiguous mining leases and 426 contiguous active mining claims covering an area of approximately 7,958 hectares located in Wawa, Ontario; and the Kiena Mine in Val d'or, Québec. T… Read more
Wesdome Gold Mines Ltd (WDOFF) - Total Assets
Latest total assets as of June 2025: $933.00 Million USD
Based on the latest financial reports, Wesdome Gold Mines Ltd (WDOFF) holds total assets worth $933.00 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.
Wesdome Gold Mines Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Wesdome Gold Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wesdome Gold Mines Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wesdome Gold Mines Ltd's total assets of $933.00 Million consist of 24.8% current assets and 75.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $35.27 Million | 4.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Wesdome Gold Mines 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wesdome Gold Mines Ltd's current assets represent 24.8% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 16.5% of total assets in 2024, up from 5.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 4.7% of total assets.
Wesdome Gold Mines Ltd Competitors by Total Assets
Key competitors of Wesdome Gold Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Wesdome Gold Mines Ltd - 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
Strong asset utilization - Wesdome Gold Mines Ltd generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Wesdome Gold Mines Ltd generates $ 18.14 in net profit.
Wesdome Gold Mines 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 | 3.80 | 1.48 | 2.85 |
| Quick Ratio | 3.25 | 1.02 | 2.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $199.27 Million | $ 31.20 Million | $ 59.24 Million |
Wesdome Gold Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Wesdome Gold Mines 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 | 4.31 |
| Latest Market Cap to Assets Ratio | 2.22 |
| Asset Growth Rate (YoY) | 20.6% |
| Total Assets | $746.65 Million |
| Market Capitalization | $1.66 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Wesdome Gold Mines Ltd's assets at a significant premium ( 2.22x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Wesdome Gold Mines Ltd's assets grew by 20.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wesdome Gold Mines Ltd (2006–2024)
The table below shows the annual total assets of Wesdome Gold Mines Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $746.65 Million | +20.63% |
| 2023-12-31 | $618.96 Million | -0.03% |
| 2022-12-31 | $619.13 Million | +11.81% |
| 2021-12-31 | $553.72 Million | +54.42% |
| 2020-12-31 | $358.58 Million | +25.50% |
| 2019-12-31 | $285.72 Million | +36.29% |
| 2018-12-31 | $209.64 Million | +16.52% |
| 2017-12-31 | $179.91 Million | +10.43% |
| 2016-12-31 | $162.91 Million | +26.89% |
| 2015-12-31 | $128.39 Million | +27.95% |
| 2014-12-31 | $100.34 Million | +3.44% |
| 2013-12-31 | $97.01 Million | -11.58% |
| 2012-12-31 | $109.71 Million | -26.32% |
| 2011-12-31 | $148.89 Million | -4.32% |
| 2010-12-31 | $155.61 Million | +14.27% |
| 2009-12-31 | $136.17 Million | +43.60% |
| 2008-12-31 | $94.83 Million | -12.56% |
| 2007-12-31 | $108.44 Million | +31.40% |
| 2006-12-31 | $82.53 Million | -- |