West African Resources Limited
West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold project located in Burkina Faso; and Kiaka Gold project located in Burkina Faso. It also holds 100% owned exploration license in the Toega Gold Project located in Burkina Faso. The company wa… Read more
West African Resources Limited (WFRSF) - Total Assets
Latest total assets as of June 2025: $2.27 Billion USD
Based on the latest financial reports, West African Resources Limited (WFRSF) holds total assets worth $2.27 Billion 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.
West African Resources Limited - Total Assets Trend (2009–2024)
This chart illustrates how West African Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
West African Resources Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
West African Resources Limited's total assets of $2.27 Billion consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.8% |
| Accounts Receivable | $114.52 Million | 5.8% |
| Inventory | $134.18 Million | 6.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how West African Resources 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: West African Resources Limited's current assets represent 32.9% of total assets in 2024, a decrease from 91.5% in 2009.
- Cash Position: Cash and equivalents constituted 19.8% of total assets in 2024, down from 90.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 6.8% of total assets.
West African Resources Limited Competitors by Total Assets
Key competitors of West African Resources Limited 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 |
West African Resources 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
Lower asset utilization - West African Resources Limited generates 0.37x 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, West African Resources Limited generates $ 11.34 in net profit.
West African Resources 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 | 1.78 | 4.20 | 0.76 |
| Quick Ratio | 1.31 | 3.52 | 0.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $267.55 Million | $ 481.07 Million | $ -52.85 Million |
West African Resources Limited - Advanced Valuation Insights
This section examines the relationship between West African Resources 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 | 2.57 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | 61.7% |
| Total Assets | $1.97 Billion |
| Market Capitalization | $1.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values West African Resources Limited's assets below their book value (0.67 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: West African Resources Limited's assets grew by 61.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for West African Resources Limited (2009–2024)
The table below shows the annual total assets of West African Resources Limited from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.97 Billion | +61.72% |
| 2023-12-31 | $1.22 Billion | +38.94% |
| 2022-12-31 | $878.71 Million | +9.26% |
| 2021-12-31 | $804.25 Million | +51.54% |
| 2020-12-31 | $530.71 Million | +57.97% |
| 2019-12-31 | $335.96 Million | +274.92% |
| 2018-12-31 | $89.61 Million | 0.00% |
| 2017-12-31 | $89.61 Million | +710.82% |
| 2016-12-31 | $11.05 Million | -5.19% |
| 2015-12-31 | $11.66 Million | +305.29% |
| 2014-12-31 | $2.88 Million | -58.49% |
| 2013-12-31 | $6.93 Million | +73.03% |
| 2012-12-31 | $4.00 Million | -12.00% |
| 2011-12-31 | $4.55 Million | -49.91% |
| 2010-12-31 | $9.08 Million | +44.43% |
| 2009-12-31 | $6.29 Million | -- |