Western Gold Exploration Ltd (WGLD) - Total Assets
Based on the latest financial reports, Western Gold Exploration Ltd (WGLD) holds total assets worth CA$839.36K CAD (≈ $607.18K USD) as of September 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. Explore Western Gold Exploration Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Western Gold Exploration Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Western Gold Exploration Ltd's total assets have evolved over time, based on quarterly financial data. See Western Gold Exploration Ltd (WGLD) net assets for net asset value and shareholders' equity analysis.
Western Gold Exploration Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Gold Exploration Ltd's total assets of CA$839.36K consist of 37.2% current assets and 62.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 35.7% |
| 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 (2019–2024)
This chart illustrates how Western Gold Exploration Ltd'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. For live market cap, price, and company overview, see Western Gold Exploration Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Western Gold Exploration Ltd's current assets represent 37.2% of total assets in 2024, an increase from 3.9% in 2019.
- Cash Position: Cash and equivalents constituted 35.7% of total assets in 2024, up from 0.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Western Gold Exploration Ltd Competitors by Total Assets
Key competitors of Western Gold Exploration Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
OceanaGold Corporation
F:RQQ
|
Germany | €2.78 Billion |
Western Gold Exploration Ltd - 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 | 29.44 | 50.37 | 52.22 |
| Quick Ratio | 29.44 | 50.37 | 52.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$271.77K | CA$573.17K | CA$3.12 Million |
Western Gold Exploration Ltd - Advanced Valuation Insights
This section examines the relationship between Western Gold Exploration Ltd'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 | 8.01 |
| Latest Market Cap to Assets Ratio | 2.61 |
| Asset Growth Rate (YoY) | -39.8% |
| Total Assets | CA$891.00K |
| Market Capitalization | $2.33 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Western Gold Exploration Ltd's assets at a significant premium (2.61x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Western Gold Exploration Ltd's assets decreased by 39.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Western Gold Exploration Ltd (2019–2024)
The table below shows the annual total assets of Western Gold Exploration Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$891.00K ≈ $644.54K |
-39.75% |
| 2023-12-31 | CA$1.48 Million ≈ $1.07 Million |
+5.99% |
| 2022-12-31 | CA$1.40 Million ≈ $1.01 Million |
-76.38% |
| 2021-12-31 | CA$5.91 Million ≈ $4.27 Million |
-6.49% |
| 2020-12-31 | CA$6.32 Million ≈ $4.57 Million |
+126.37% |
| 2019-12-31 | CA$2.79 Million ≈ $2.02 Million |
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About Western Gold Exploration Ltd
Western Gold Exploration Ltd., through its subsidiaries, engages in the exploration and development of mineral properties in Scotland. The company explores for gold and copper deposits. It holds interest in the Lagalochan copper-gold porphyry project located in Kilmelford, Scotland; and Ardlochan Project located in the Lorne Porphyry District. Western Gold Exploration Ltd. is headquartered in Nor… Read more