Westhaven Ventures Inc
Westhaven Gold Corp. engages in the acquisition, exploration, and development, and evaluation of resource properties in Canada. It primarily explores for gold and silver deposits. The company's flagship project is the Shovelnose project, which covers approximately 41,634 hectares located in the Spences Bridge Gold Belt in British Columbia, Canada. The company was formerly known as Westhaven Ventu… Read more
Westhaven Ventures Inc (WHN) - Total Assets
Latest total assets as of September 2025: CA$46.33 Million CAD
Based on the latest financial reports, Westhaven Ventures Inc (WHN) holds total assets worth CA$46.33 Million CAD 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.
Westhaven Ventures Inc - Total Assets Trend (2010–2024)
This chart illustrates how Westhaven Ventures Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Westhaven Ventures Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Westhaven Ventures Inc's total assets of CA$46.33 Million consist of 7.0% current assets and 93.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.7% |
| 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 (2010–2024)
This chart illustrates how Westhaven Ventures 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: Westhaven Ventures Inc's current assets represent 7.0% of total assets in 2024, a decrease from 99.9% in 2010.
- Cash Position: Cash and equivalents constituted 6.7% of total assets in 2024, down from 98.7% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Westhaven Ventures Inc Competitors by Total Assets
Key competitors of Westhaven Ventures Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Westhaven Ventures 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
Lower asset utilization - Westhaven Ventures Inc 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 - Westhaven Ventures Inc is currently not profitable relative to its asset base.
Westhaven Ventures 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 | 6.27 | 0.07 | 2.56 |
| Quick Ratio | 6.27 | 0.07 | 2.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$3.41 Million | CA$ -1.69 Million | CA$ 1.48 Million |
Westhaven Ventures Inc - Advanced Valuation Insights
This section examines the relationship between Westhaven Ventures 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 | 1.69 |
| Latest Market Cap to Assets Ratio | 0.91 |
| Asset Growth Rate (YoY) | 18.4% |
| Total Assets | CA$40.14 Million |
| Market Capitalization | $36.61 Million USD |
Valuation Analysis
Near Book Valuation: The market values Westhaven Ventures Inc's assets close to their book value ( 0.91x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Westhaven Ventures Inc's assets grew by 18.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Westhaven Ventures Inc (2010–2024)
The table below shows the annual total assets of Westhaven Ventures Inc from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$40.14 Million | +18.41% |
| 2023-12-31 | CA$33.90 Million | -1.99% |
| 2022-12-31 | CA$34.59 Million | +13.18% |
| 2021-12-31 | CA$30.56 Million | +63.23% |
| 2020-12-31 | CA$18.72 Million | +32.95% |
| 2019-12-31 | CA$14.08 Million | +165.67% |
| 2018-12-31 | CA$5.30 Million | +59.67% |
| 2017-12-31 | CA$3.32 Million | +21.98% |
| 2016-12-31 | CA$2.72 Million | +80.76% |
| 2015-12-31 | CA$1.51 Million | -9.31% |
| 2014-12-31 | CA$1.66 Million | +37.62% |
| 2013-12-31 | CA$1.21 Million | +14.88% |
| 2012-12-31 | CA$1.05 Million | +19.18% |
| 2011-12-31 | CA$880.95K | -5.16% |
| 2010-12-31 | CA$928.91K | -- |