Winston Gold Corp
Winston Gold Corp., a junior mining company, engages in the exploration of mining claims. The company explores for gold and silver deposits. It owns interests in the Holmes property with 5 unpatented claims, as well as Winston property with 13 patented claims covering an area of 205 acres located in Montana, the United States. The company was formerly known as Winston Gold Mining Corp. and change… Read more
Winston Gold Corp (WGMCF) - Total Assets
Latest total assets as of September 2022: $1.56 Million USD
Based on the latest financial reports, Winston Gold Corp (WGMCF) holds total assets worth $1.56 Million USD as of September 2022.
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.
Winston Gold Corp - Total Assets Trend (2013–2021)
This chart illustrates how Winston Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Winston Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2021)
Winston Gold Corp's total assets of $1.56 Million consist of 9.1% current assets and 91.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $13.54K | 0.7% |
| 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 (2013–2021)
This chart illustrates how Winston Gold 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: Winston Gold Corp's current assets represent 9.1% of total assets in 2021, a decrease from 100.0% in 2013.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2021, up from 0.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Winston Gold Corp Competitors by Total Assets
Key competitors of Winston Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Winston Gold 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
Lower asset utilization - Winston Gold Corp 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 - Winston Gold Corp is currently not profitable relative to its asset base.
Winston Gold 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 | 0.01 | 0.03 | 0.74 |
| Quick Ratio | 0.01 | 0.03 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.36 Million | $ -3.56 Million | $ -164.66K |
Winston Gold Corp - Advanced Valuation Insights
This section examines the relationship between Winston Gold 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 | 62.55 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -52.4% |
| Total Assets | $1.89 Million |
| Market Capitalization | $44.57K USD |
Valuation Analysis
Below Book Valuation: The market values Winston Gold Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Winston Gold Corp's assets decreased by 52.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Winston Gold Corp (2013–2021)
The table below shows the annual total assets of Winston Gold Corp from 2013 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $1.89 Million | -52.40% |
| 2020-12-31 | $3.97 Million | +277.39% |
| 2019-12-31 | $1.05 Million | +279.37% |
| 2018-12-31 | $277.48K | -60.80% |
| 2017-12-31 | $707.90K | -63.02% |
| 2016-12-31 | $1.91 Million | +2062.36% |
| 2015-12-31 | $88.53K | -28.85% |
| 2014-12-31 | $124.42K | +6220950.00% |
| 2013-12-31 | $2.00 | -- |