Western Ridge Resources (ASX:WRX) Other Current Assets: A$0.04 Mil (As of Dec. 2025)


What is Western Ridge Resources Other Current Assets?

Western Ridge Resources ASX:WRX Other Current Assets is A$0.04 Mil as of Dec. 2025. The stock has 1 warning sign investors should review.

Western Ridge Resources's other current assets for the quarter that ended in Dec. 2025 was A$0.04 Mil.

Western Ridge Resources's quarterly other current assets declined from Dec. 2024 (A$0.02 Mil) to Jun. 2025 (A$0.01 Mil) but then increased from Jun. 2025 (A$0.01 Mil) to Dec. 2025 (A$0.04Mil).

Western Ridge Resources's annual other current assets increased from Jun. 2023 (A$0.28 Mil) to Jun. 2024 (A$2.62 Mil) declined from Jun. 2024 (A$2.62 Mil) to Jun. 2025 (A$0.01 Mil).

Western Ridge Resources Other Current Assets Related Terms

Western Ridge Resources Other Current Assets Historical Data

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The historical data trend for Western Ridge Resources's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Ridge Resources Other Current Assets Chart

Western Ridge Resources Annual Data
Trend Jun23 Jun24 Jun25
Other Current Assets
0.28 2.62 0.01

Western Ridge Resources Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Other Current Assets Get a 7-Day Free Trial 0.11 2.62 0.02 0.01 0.04

Western Ridge Resources Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of A$0.04 Mil mean?
Western Ridge Resources (ASX:WRX) has a Other Current Assets of A$0.04 Mil as of Dec. 2025. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Western Ridge Resources.
Is Western Ridge Resources' Other Current Assets too high?
Western Ridge Resources' current Other Current Assets is A$0.04 Mil.
How does Western Ridge Resources' Other Current Assets compare to HL?
Western Ridge Resources' Other Current Assets of A$0.04 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Metals & Mining company?
A good Other Current Assets depends on the Metals & Mining industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Western Ridge Resources. Western Ridge Resources's current Other Current Assets is A$0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Ridge Resources stock overvalued right now?
Western Ridge Resources (ASX:WRX) has a current Other Current Assets of A$0.04 Mil. The current Other Current Assets is A$0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Western Ridge Resources (ASX:WRX), the current Other Current Assets is A$0.04 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Western Ridge Resources Business Description

Address 460 Stirling Highway, Suite 38, Peppermint Grove, Perth, WA, AUS, 6011
Western Ridge Resources Ltd is an ASX-listed exploration company focused on critical and precious metals projects. It holds exploration assets in Australia, the United States, and Brazil, including silver-dominant polymetallic and niobium-tantalum projects, and is engaged in the exploration and evaluation of mineral resources across its portfolio.