Western Metallica Resources Corp.
Western Metallica Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Spain and Peru. The company explores for gold, silver, lead, zinc, copper, and molybdenum deposits. Its flagship project is the Caña Brava project which comprise of 4 exploration concessions covering an area of 5,700-hectare located in La Libertad Province, Peru. Western Metallica R… Read more
Western Metallica Resources Corp. (WMS) - Total Assets
Latest total assets as of March 2022: CA$8.20 Million CAD
Based on the latest financial reports, Western Metallica Resources Corp. (WMS) holds total assets worth CA$8.20 Million CAD as of March 2022.
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.
Western Metallica Resources Corp. - Total Assets Trend (2019–2021)
This chart illustrates how Western Metallica Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Metallica Resources Corp. - Asset Composition Analysis
Current Asset Composition (December 2021)
Western Metallica Resources Corp.'s total assets of CA$8.20 Million consist of 99.8% current assets and 0.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 8.0% |
| Accounts Receivable | CA$52.16K | 0.6% |
| 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 (2019–2021)
This chart illustrates how Western Metallica Resources 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: Western Metallica Resources Corp.'s current assets represent 99.8% of total assets in 2021, an increase from 99.0% in 2019.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2021, down from 95.6% 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 accounts receivable at 0.6% of total assets.
Western Metallica Resources Corp. Competitors by Total Assets
Key competitors of Western Metallica Resources Corp. 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 |
Western Metallica Resources 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
Lower asset utilization - Western Metallica Resources Corp. 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 - Western Metallica Resources Corp. is currently not profitable relative to its asset base.
Western Metallica Resources 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 | 16.25 | 0.97 | 0.97 |
| Quick Ratio | 16.25 | 0.97 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$3.74 Million | CA$ -274.53K | CA$ -274.53K |
Western Metallica Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Western Metallica Resources 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 | - |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 9598.8% |
| Total Assets | CA$8.28 Million |
| Market Capitalization | $245.97K USD |
Valuation Analysis
Below Book Valuation: The market values Western Metallica Resources Corp.'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Western Metallica Resources Corp.'s assets grew by 9598.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Western Metallica Resources Corp. (2019–2021)
The table below shows the annual total assets of Western Metallica Resources Corp. from 2019 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | CA$8.28 Million | +9598.76% |
| 2020-12-31 | CA$85.39K | -87.93% |
| 2019-12-31 | CA$707.43K | -- |