Westaim Corp

V:WED Canada Asset Management
Market Cap
$723.08 Million
CA$1.04 Billion CAD
Market Cap Rank
#11199 Global
#38 in Canada
Share Price
CA$30.95
Change (1 day)
+1.51%
52-Week Range
CA$28.29 - CA$33.17
All Time High
CA$34.01
About

The Westaim Corporation is a private equity and venture capital firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mezzanine, mid venture, late venture, middle market, later stage, mature, emerging grow… Read more

Westaim Corp (WED) - Total Assets

Latest total assets as of March 2025: CA$512.62 Million CAD

Based on the latest financial reports, Westaim Corp (WED) holds total assets worth CA$512.62 Million CAD as of March 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.

Westaim Corp - Total Assets Trend (1996–2024)

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

Westaim Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Westaim Corp's total assets of CA$512.62 Million consist of 0.0% current assets and 0.0% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 57.7%
Accounts Receivable CA$0.00 0.0%
Inventory CA$0.00 0.0%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (1996–2024)

This chart illustrates how Westaim 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: Westaim Corp's current assets represent 0.0% of total assets in 2024, a decrease from 85.4% in 1996.
  • Cash Position: Cash and equivalents constituted 57.7% of total assets in 2024, up from 46.8% in 1996.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Westaim Corp Competitors by Total Assets

Key competitors of Westaim Corp based on total assets are shown below.

Company Country Total Assets
Bexil Cp
PINK:BXLC
USA $29.44 Million
Norte Grande
SN:NORTEGRAN
Chile CL$2.91 Billion
BlackRock Capital Allocation Trust
NYSE:BCAT
USA $1.87 Billion
Big Tech 50 R&D-Limited Partnership
TA:BIGT
Israel ILA14.08 Million
Zhuhai Huajin Capital Co Ltd
SHE:000532
China CN¥2.38 Billion
Shaanxi International Trust Co Ltd
SHE:000563
China CN¥29.45 Billion
Sichuan Shuangma Cement Co Ltd
SHE:000935
China CN¥9.30 Billion
Sk Securities
KO:001510
Korea ₩7.28 Trillion

Westaim 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

Historical Range: -0.07 - 0.38

Lower asset utilization - Westaim Corp generates 0.07x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -9.12% - 33.34%

Negative ROA - Westaim Corp is currently not profitable relative to its asset base.

Westaim 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 52.55 2.26 18.93
Quick Ratio 238.92 310.52 377.24
Cash Ratio 0.00 0.00 0.00
Working Capital CA$114.13 Million CA$ 1.94 Million CA$ 19.24 Million

Westaim Corp - Advanced Valuation Insights

This section examines the relationship between Westaim 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 1.42
Latest Market Cap to Assets Ratio 0.79
Asset Growth Rate (YoY) -5.2%
Total Assets CA$523.22 Million
Market Capitalization $414.98 Million USD

Valuation Analysis

Below Book Valuation: The market values Westaim Corp's assets below their book value (0.79 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Westaim Corp's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Westaim Corp (1996–2024)

The table below shows the annual total assets of Westaim Corp from 1996 to 2024.

Year Total Assets Change
2024-12-31 CA$523.22 Million -5.18%
2023-12-31 CA$551.82 Million +33.52%
2022-12-31 CA$413.29 Million +2.90%
2021-12-31 CA$401.66 Million +6.44%
2020-12-31 CA$377.35 Million -8.13%
2019-12-31 CA$410.75 Million +3.36%
2018-12-31 CA$397.40 Million +2.90%
2017-12-31 CA$386.19 Million +17.32%
2016-12-31 CA$329.17 Million -1.89%
2015-12-31 CA$335.51 Million +92.60%
2014-12-31 CA$174.20 Million +421.45%
2013-12-31 CA$33.41 Million -15.58%
2012-12-31 CA$39.57 Million -96.88%
2011-12-31 CA$1.27 Billion -0.06%
2010-12-31 CA$1.27 Billion +1732.86%
2009-12-31 CA$69.30 Million +9.14%
2008-12-31 CA$63.50 Million -24.59%
2007-12-31 CA$84.20 Million -33.84%
2006-12-31 CA$127.26 Million -30.43%
2005-12-31 CA$182.94 Million +27.66%
2004-12-31 CA$143.30 Million +28.24%
2003-12-31 CA$111.74 Million -5.29%
2002-12-31 CA$117.99 Million -21.14%
2001-12-31 CA$149.61 Million -27.51%
2000-12-31 CA$206.39 Million +3.35%
1999-12-31 CA$199.69 Million -0.30%
1998-12-31 CA$200.30 Million -18.01%
1997-12-31 CA$244.30 Million -14.11%
1996-12-31 CA$284.44 Million --