Westgold Resources Stock

Westgold Resources Debt 2024

Westgold Resources Debt

-181.43 AUD

Ticker

WGX.AX

ISIN

AU000000WGX6

WKN

A2DGZ7

In 2024, Westgold Resources's total debt was -181.43 AUD, a -43.73% change from the -322.44 AUD total debt recorded in the previous year.

Westgold Resources Aktienanalyse

What does Westgold Resources do?

Westgold Resources Ltd is a mining and gold production company based in Australia. The company was founded in 1987 and has since become a renowned producer of precious metals. Westgold Resources Ltd's business model is based on the extraction of gold and other minerals, as well as the processing and sale of the obtained products. The company currently operates four mines in Western Australia: the Murchison Gold Operations, the Central Murchison Gold Project, the Fortnum Gold Mine, and the Cue Gold Operations. These mines are of great importance to the Australian economy and provide employment opportunities for many people in the region. Westgold Resources Ltd's Murchison Gold Operations are the flagship of the company and produce over 200,000 ounces of gold annually. The center of the operation is the Bluebird processing plant, which has a capacity of 1.6 million tons per year and utilizes state-of-the-art technology for gold extraction and processing. The mining plan for the Murchison Gold Mine has a lifespan of over ten years. The Cue Gold Operations are also located in Western Australia and consist of several smaller mines that together produce an annual gold production of around 100,000 ounces. The Central Murchison Gold Project and the Fortnum Gold Mine complete the divisions of Westgold Resources Ltd. The company is committed to expanding its production capacity through new mines and expansions. Westgold Resources Ltd has a promising exploration division that discovers new gold deposits in Western Australia. The company already has various projects in the pipeline that highlight its potential for further growth. For Westgold Resources Ltd, it is important to responsibly interact with the environment and the communities in which it operates. The company adheres to strict environmental and safety standards and is committed to social progress. It creates jobs for residents of communities, supports local schools and groups, and promotes tourism in the region. Overall, Westgold Resources Ltd is a successful mining company with an impressive track record and many opportunities for further growth. The unique combination of high-quality resources and modern technology, as well as the commitment to sustainability, make the company one of the top gold producers in Australia. Westgold Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Westgold Resources's Debt Structure

Westgold Resources's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Westgold Resources's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Westgold Resources’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Westgold Resources’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Westgold Resources stock

What is the debt of Westgold Resources this year?

Westgold Resources has a debt level of -181.43 AUD this year.

What was the debt of Westgold Resources compared to the previous year?

The debt of Westgold Resources has increased by -43.73% compared to the previous year dropped.

What are the consequences of high debt for investors in Westgold Resources?

High debt can pose a risk for investors of Westgold Resources, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Westgold Resources?

Low debt means that Westgold Resources has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Westgold Resources affect the company?

An increase in debt of Westgold Resources can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Westgold Resources affect the company?

A reduction in debt of Westgold Resources can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Westgold Resources?

Some factors that can influence the debt of Westgold Resources include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Westgold Resources so important for investors?

The debts of Westgold Resources are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Westgold Resources take to change the debt?

To change the debt, Westgold Resources can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Westgold Resources pay?

Over the past 12 months, Westgold Resources paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 1.08 %. For the coming 12 months, Westgold Resources is expected to pay a dividend of 0.02 AUD.

What is the dividend yield of Westgold Resources?

The current dividend yield of Westgold Resources is 1.08 %.

When does Westgold Resources pay dividends?

Westgold Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Westgold Resources?

Westgold Resources paid dividends every year for the past 4 years.

What is the dividend of Westgold Resources?

For the upcoming 12 months, dividends amounting to 0.02 AUD are expected. This corresponds to a dividend yield of 0.9 %.

In which sector is Westgold Resources located?

Westgold Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Westgold Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Westgold Resources from 10/11/2024 amounting to 0.018 AUD, you needed to have the stock in your portfolio before the ex-date on 7/11/2024.

When did Westgold Resources pay the last dividend?

The last dividend was paid out on 10/11/2024.

What was the dividend of Westgold Resources in the year 2023?

In the year 2023, Westgold Resources distributed 0 AUD as dividends.

In which currency does Westgold Resources pay out the dividend?

The dividends of Westgold Resources are distributed in AUD.

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Andere Kennzahlen von Westgold Resources

Our stock analysis for Westgold Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westgold Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.