Westgold Resources Limited

PINK:WGXRF USA Gold
Market Cap
$1.61 Billion
Market Cap Rank
#5627 Global
#3285 in USA
Share Price
$1.71
Change (1 day)
-4.69%
52-Week Range
$1.71 - $1.83
All Time High
$2.20
About

Westgold Resources Limited engages in the exploration, development, and operation of gold mines in Western Australia. It operates Murchison and Southern Goldfields that covers 3,200 square kilometers in Western Australia. The company was incorporated in 1987 and is based in Perth, Australia.

Westgold Resources Limited (WGXRF) - Total Assets

Latest total assets as of June 2025: $3.23 Billion USD

Based on the latest financial reports, Westgold Resources Limited (WGXRF) holds total assets worth $3.23 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.

Westgold Resources Limited - Total Assets Trend (2013–2025)

This chart illustrates how Westgold Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Westgold Resources Limited - Asset Composition Analysis

Current Asset Composition (June 2025)

Westgold Resources Limited's total assets of $3.23 Billion consist of 14.2% current assets and 85.8% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 7.5%
Accounts Receivable $11.12 Million 0.3%
Inventory $166.95 Million 5.2%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2013–2025)

This chart illustrates how Westgold 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: Westgold Resources Limited's current assets represent 14.2% of total assets in 2025, an increase from 8.7% in 2013.
  • Cash Position: Cash and equivalents constituted 7.5% of total assets in 2025, up from 0.4% 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 inventory at 5.2% of total assets.

Westgold Resources Limited Competitors by Total Assets

Key competitors of Westgold Resources Limited 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

Westgold 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

Historical Range: 0.41 - 0.80

Moderate asset utilization - Westgold Resources Limited generates 0.42x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -13.43% - 9.05%

Moderate ROA - For every $100 in assets, Westgold Resources Limited generates $ 1.08 in net profit.

Westgold 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 1.16 1.74 1.87
Quick Ratio 0.74 1.36 1.30
Cash Ratio 0.00 0.00 0.00
Working Capital $63.62 Million $ 138.41 Million $ 89.88 Million

Westgold Resources Limited - Advanced Valuation Insights

This section examines the relationship between Westgold 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 3.51
Latest Market Cap to Assets Ratio 0.50
Asset Growth Rate (YoY) 206.5%
Total Assets $3.23 Billion
Market Capitalization $1.60 Billion USD

Valuation Analysis

Below Book Valuation: The market values Westgold Resources Limited's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Westgold Resources Limited's assets grew by 206.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Westgold Resources Limited (2013–2025)

The table below shows the annual total assets of Westgold Resources Limited from 2013 to 2025.

Year Total Assets Change
2025-06-30 $3.23 Billion +206.50%
2024-06-30 $1.05 Billion +29.42%
2023-06-30 $813.25 Million -1.68%
2022-06-30 $827.17 Million -8.09%
2021-06-30 $899.97 Million +13.78%
2020-06-30 $790.97 Million +16.88%
2019-06-30 $676.72 Million +1.41%
2018-06-30 $667.28 Million +28.82%
2017-06-30 $517.99 Million +30.75%
2016-06-30 $396.16 Million +40.98%
2015-06-30 $281.01 Million +25.24%
2014-06-30 $224.37 Million +139.80%
2013-06-30 $93.57 Million --