WesCan Energy Corp.
WesCan Energy Corp., a junior public resource company, engages in the development, exploration, and production of oil and gas properties and reserves in Canada and the United States. The company focuses on the exploration and development of light oil and liquids-rich natural gas opportunities in Alberta and Saskatchewan. The company was formerly known as Great Pacific International Inc. and chang… Read more
WesCan Energy Corp. (GPIPF) - Total Assets
Latest total assets as of September 2025: $5.16 Million USD
Based on the latest financial reports, WesCan Energy Corp. (GPIPF) holds total assets worth $5.16 Million USD as of September 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.
WesCan Energy Corp. - Total Assets Trend (1998–2025)
This chart illustrates how WesCan Energy Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
WesCan Energy Corp. - Asset Composition Analysis
Current Asset Composition (March 2025)
WesCan Energy Corp.'s total assets of $5.16 Million consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $275.07K | 4.7% |
| 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 (1998–2025)
This chart illustrates how WesCan Energy 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: WesCan Energy Corp.'s current assets represent 6.0% of total assets in 2025, a decrease from 96.0% in 1998.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2025, down from 46.5% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 4.7% of total assets.
WesCan Energy Corp. Competitors by Total Assets
Key competitors of WesCan Energy Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
WesCan Energy 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
Moderate asset utilization - WesCan Energy Corp. generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - WesCan Energy Corp. is currently not profitable relative to its asset base.
WesCan Energy 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 | 0.29 | 0.41 | 0.17 |
| Quick Ratio | 0.29 | 0.41 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-961.50K | $ -735.59K | $ -1.98 Million |
WesCan Energy Corp. - Advanced Valuation Insights
This section examines the relationship between WesCan Energy 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 | 2.19 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -3.5% |
| Total Assets | $5.84 Million |
| Market Capitalization | $1.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values WesCan Energy Corp.'s assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: WesCan Energy Corp.'s assets decreased by 3.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for WesCan Energy Corp. (1998–2025)
The table below shows the annual total assets of WesCan Energy Corp. from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $5.84 Million | -3.50% |
| 2024-03-31 | $6.06 Million | -14.00% |
| 2023-03-31 | $7.04 Million | +14.41% |
| 2022-03-31 | $6.15 Million | +15.49% |
| 2021-03-31 | $5.33 Million | +21.02% |
| 2020-03-31 | $4.40 Million | -36.71% |
| 2019-03-31 | $6.96 Million | -3.32% |
| 2018-03-31 | $7.20 Million | -5.09% |
| 2017-03-31 | $7.58 Million | +13.34% |
| 2016-03-31 | $6.69 Million | +4277.83% |
| 2015-03-31 | $152.79K | -12.91% |
| 2014-03-31 | $175.44K | -37.97% |
| 2013-03-31 | $282.85K | -59.12% |
| 2012-03-31 | $691.88K | -60.72% |
| 2011-03-31 | $1.76 Million | +113.88% |
| 2010-03-31 | $823.46K | -45.28% |
| 2009-03-31 | $1.50 Million | -41.11% |
| 2008-03-31 | $2.56 Million | +89.77% |
| 2007-03-31 | $1.35 Million | +271.05% |
| 2006-03-31 | $362.92K | +792.26% |
| 2005-03-31 | $40.67K | -9.75% |
| 2004-03-31 | $45.07K | +86.88% |
| 2003-03-31 | $24.11K | -79.45% |
| 2002-03-31 | $117.38K | -24.16% |
| 2001-03-31 | $154.76K | +39.76% |
| 1999-03-31 | $110.73K | -58.63% |
| 1998-03-31 | $267.68K | -- |