Western Atlas Resources Inc
Seasif Exploration Inc. engages in the discovery, acquisition, and development of mineral deposits in Canada. The company was formerly known as Western Atlas Resources Inc. and changed its name to Seasif Exploration Inc. in June 2024. Seasif Exploration Inc. is based in Vancouver, Canada.
Western Atlas Resources Inc (PPZRF) - Total Assets
Latest total assets as of September 2025: $4.97K USD
Based on the latest financial reports, Western Atlas Resources Inc (PPZRF) holds total assets worth $4.97K 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.
Western Atlas Resources Inc - Total Assets Trend (2000–2024)
This chart illustrates how Western Atlas Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Atlas Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Atlas Resources Inc's total assets of $4.97K consist of 143.9% current assets and -43.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 84.9% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2000–2024)
This chart illustrates how Western Atlas Resources Inc'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: Western Atlas Resources Inc's current assets represent 143.9% of total assets in 2024, an increase from 44.9% in 2000.
- Cash Position: Cash and equivalents constituted 84.9% of total assets in 2024, up from 29.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Western Atlas Resources Inc Competitors by Total Assets
Key competitors of Western Atlas Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Western Atlas Resources Inc - 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 - Western Atlas Resources Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Western Atlas Resources Inc is currently not profitable relative to its asset base.
Western Atlas Resources Inc - 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 | 0.01 | 0.07 | 98.74 |
| Quick Ratio | 0.01 | 0.07 | 98.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-821.31K | $ -615.07K | $ 2.53 Million |
Western Atlas Resources Inc - Advanced Valuation Insights
This section examines the relationship between Western Atlas Resources Inc'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 | 0.48 |
| Latest Market Cap to Assets Ratio | 18.28 |
| Asset Growth Rate (YoY) | -98.9% |
| Total Assets | $55.15K |
| Market Capitalization | $1.01 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Western Atlas Resources Inc's assets at a significant premium ( 18.28x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Western Atlas Resources Inc's assets decreased by 98.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Western Atlas Resources Inc (2000–2024)
The table below shows the annual total assets of Western Atlas Resources Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $55.15K | -98.90% |
| 2023-12-31 | $5.00 Million | -4.44% |
| 2022-12-31 | $5.23 Million | -14.09% |
| 2021-12-31 | $6.09 Million | -9.52% |
| 2020-12-31 | $6.73 Million | +68.75% |
| 2019-12-31 | $3.99 Million | +36.57% |
| 2018-12-31 | $2.92 Million | +102.63% |
| 2017-12-31 | $1.44 Million | +1424.79% |
| 2016-12-31 | $94.46K | -26.46% |
| 2015-12-31 | $128.44K | -49.01% |
| 2014-12-31 | $251.89K | +102.13% |
| 2013-12-31 | $124.62K | -52.04% |
| 2012-12-31 | $259.82K | -33.31% |
| 2011-12-31 | $389.59K | +614.69% |
| 2010-12-31 | $54.51K | +194.04% |
| 2009-12-31 | $18.54K | -33.82% |
| 2008-12-31 | $28.01K | -60.41% |
| 2007-12-31 | $70.76K | -79.85% |
| 2006-12-31 | $351.20K | +14.92% |
| 2005-12-31 | $305.61K | +34.88% |
| 2004-12-31 | $226.58K | +12.15% |
| 2003-12-31 | $202.04K | -3.02% |
| 2002-12-31 | $208.33K | -46.02% |
| 2001-12-31 | $385.97K | -42.04% |
| 2000-12-31 | $665.87K | -- |