Whitemud Resources Inc (WMK) - Total Assets
Based on the latest financial reports, Whitemud Resources Inc (WMK) holds total assets worth CA$9.68 Million CAD (≈ $7.01 Million 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. See Whitemud Resources Inc (WMK) net assets for net asset value and shareholders' equity analysis.
Whitemud Resources Inc - Total Assets Trend (2016–2024)
This chart illustrates how Whitemud Resources Inc's total assets have evolved over time, based on quarterly financial data.
Whitemud Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Whitemud Resources Inc's total assets of CA$9.68 Million consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.9% |
| Accounts Receivable | CA$25.92K | 0.3% |
| Inventory | CA$432.59K | 4.5% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Whitemud 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. For live market cap, price, and company overview, see Whitemud Resources Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Whitemud Resources Inc's current assets represent 11.0% of total assets in 2024, a decrease from 42.1% in 2016.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2024, up from 2.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 4.5% of total assets.
Whitemud Resources Inc Competitors by Total Assets
Key competitors of Whitemud Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Whitemud Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.10 | 0.67 | 1.45 |
| Quick Ratio | 0.03 | 0.50 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-12.75 Million | CA$-588.59K | CA$2.14 Million |
Whitemud Resources Inc - Advanced Valuation Insights
This section examines the relationship between Whitemud 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 | 18.09 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 391.1% |
| Total Assets | CA$9.65 Million |
| Market Capitalization | $5.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Whitemud Resources Inc's assets below their book value (0.52x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Whitemud Resources Inc's assets grew by 391.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Whitemud Resources Inc (2016–2024)
The table below shows the annual total assets of Whitemud Resources Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.65 Million ≈ $6.98 Million |
+391.10% |
| 2023-12-31 | CA$1.97 Million ≈ $1.42 Million |
-39.03% |
| 2022-12-31 | CA$3.22 Million ≈ $2.33 Million |
-4.77% |
| 2021-12-31 | CA$3.39 Million ≈ $2.45 Million |
-54.40% |
| 2020-12-31 | CA$7.43 Million ≈ $5.37 Million |
-20.81% |
| 2019-12-31 | CA$9.38 Million ≈ $6.78 Million |
-9.59% |
| 2018-12-31 | CA$10.37 Million ≈ $7.50 Million |
-43.96% |
| 2017-12-31 | CA$18.51 Million ≈ $13.39 Million |
+64.85% |
| 2016-12-31 | CA$11.23 Million ≈ $8.12 Million |
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About Whitemud Resources Inc
Whitemud Resources Inc. engages in developing and marketing of kaolin and metakaolin products in Canada. It offers EnviroPozz metakaolin, which is processed from naturally occurring kaolin clay into a dry and off-white fine powder cementitious material. The company was incorporated in 2005 and is headquartered in Calgary, Canada.