Westbridge Energy Corporation
Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy. The company holds interest in the Accalia project, a 221 MWdc solar photovoltaic project covering approximately 1,120 acres in Cameron County, Texas, the United States; Dolcy project, a 300MWac solar photovoltaic project with… Read more
Westbridge Energy Corporation (WEGYF) - Total Assets
Latest total assets as of May 2025: $52.95 Million USD
Based on the latest financial reports, Westbridge Energy Corporation (WEGYF) holds total assets worth $52.95 Million USD as of May 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.
Westbridge Energy Corporation - Total Assets Trend (2006–2024)
This chart illustrates how Westbridge Energy Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Westbridge Energy Corporation - Asset Composition Analysis
Current Asset Composition (November 2024)
Westbridge Energy Corporation's total assets of $52.95 Million consist of 44.5% current assets and 55.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 43.3% |
| Accounts Receivable | $140.21K | 0.2% |
| 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 (2006–2024)
This chart illustrates how Westbridge Energy Corporation'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: Westbridge Energy Corporation's current assets represent 44.5% of total assets in 2024, an increase from 12.5% in 2006.
- Cash Position: Cash and equivalents constituted 43.3% of total assets in 2024, up from 3.2% 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 accounts receivable at 0.2% of total assets.
Westbridge Energy Corporation Competitors by Total Assets
Key competitors of Westbridge Energy Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Westbridge Energy Corporation - 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 - Westbridge Energy Corporation generates 0.00x 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, Westbridge Energy Corporation generates $ 84.95 in net profit.
Westbridge Energy Corporation - 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 | 13.93 | 1.52 | 0.27 |
| Quick Ratio | 13.93 | 1.52 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $30.92 Million | $ 18.04 Million | $ -260.61K |
Westbridge Energy Corporation - Advanced Valuation Insights
This section examines the relationship between Westbridge Energy Corporation'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 | 1.12 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | $65.54 Million |
| Market Capitalization | $8.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Westbridge Energy Corporation's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Westbridge Energy Corporation's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Westbridge Energy Corporation (2006–2024)
The table below shows the annual total assets of Westbridge Energy Corporation from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $65.54 Million | +13.36% |
| 2023-11-30 | $57.81 Million | +652.44% |
| 2022-11-30 | $7.68 Million | +57.18% |
| 2021-11-30 | $4.89 Million | +645.70% |
| 2020-11-30 | $655.56K | +4799.19% |
| 2019-11-30 | $13.38K | +30.37% |
| 2018-11-30 | $10.26K | -96.09% |
| 2017-11-30 | $262.40K | -18.12% |
| 2016-11-30 | $320.48K | +9.55% |
| 2015-11-30 | $292.54K | -44.59% |
| 2014-11-30 | $527.92K | -94.77% |
| 2013-11-30 | $10.10 Million | +1118.66% |
| 2008-11-30 | $828.62K | +31.14% |
| 2007-11-30 | $631.88K | -54.30% |
| 2006-11-30 | $1.38 Million | -- |