Waseco Resources Inc
Waseco Resources Inc., an exploration stage company, engages in the acquisition, exploration, development, and production of mineral properties in Canada. The company explores for gold, uranium, and diamond deposits. It holds interests in the Quebec-Labrador Trough uranium prospect; and the James Bay Lowlands project, consisting of 2,440-acre located in Northern Ontario. Waseco Resources Inc. was… Read more
Waseco Resources Inc (WSRUF) - Total Assets
Latest total assets as of November 2024: $6.66K USD
Based on the latest financial reports, Waseco Resources Inc (WSRUF) holds total assets worth $6.66K USD as of November 2024.
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.
Waseco Resources Inc - Total Assets Trend (2014–2024)
This chart illustrates how Waseco Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Waseco Resources Inc - Asset Composition Analysis
Current Asset Composition (February 2024)
Waseco Resources Inc's total assets of $6.66K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 62.9% |
| Accounts Receivable | $2.75K | 37.1% |
| 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 (2014–2024)
This chart illustrates how Waseco 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: Waseco Resources Inc's current assets represent 100.0% of total assets in 2024, an increase from 95.6% in 2014.
- Cash Position: Cash and equivalents constituted 62.9% of total assets in 2024, up from 16.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 37.1% of total assets.
Waseco Resources Inc Competitors by Total Assets
Key competitors of Waseco Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Waseco 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
Moderate asset utilization - Waseco Resources Inc generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Waseco Resources Inc is currently not profitable relative to its asset base.
Waseco 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 | 0.01 | 0.01 |
| Quick Ratio | 0.01 | 0.02 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-666.98K | $ -626.63K | $ -908.54K |
Waseco Resources Inc - Advanced Valuation Insights
This section examines the relationship between Waseco 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 | - |
| Latest Market Cap to Assets Ratio | 101.76 |
| Asset Growth Rate (YoY) | 178.6% |
| Total Assets | $7.41K |
| Market Capitalization | $754.37K USD |
Valuation Analysis
Premium Asset Valuation: The market values Waseco Resources Inc's assets at a significant premium ( 101.76x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Waseco Resources Inc's assets grew by 178.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Waseco Resources Inc (2014–2024)
The table below shows the annual total assets of Waseco Resources Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | $7.41K | +178.58% |
| 2023-02-28 | $2.66K | -88.13% |
| 2022-02-28 | $22.41K | -61.21% |
| 2021-02-28 | $57.78K | +139.65% |
| 2020-02-29 | $24.11K | -45.07% |
| 2019-02-28 | $43.89K | +27.63% |
| 2018-02-28 | $34.39K | -67.00% |
| 2017-02-28 | $104.20K | +238.19% |
| 2016-02-29 | $30.81K | -50.38% |
| 2015-02-28 | $62.09K | -75.64% |
| 2014-02-28 | $254.87K | -- |