WGTFF (Westgate Energy) Total Assets: $21.55 Mil (As of Mar. 2026)


WGTFF Westgate Energy Inc WGTFF
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What is Westgate Energy Total Assets?

Westgate Energy WGTFF 4 Total Assets is $21.55 Mil as of Mar. 2026. GuruFocus rates WGTFF with a GF Score™ of 4/100. The stock has 4 warning signs investors should review.

Westgate Energy's Total Assets for the quarter that ended in Mar. 2026 was $21.55 Mil.

During the past 12 months, Westgate Energy's average Total Assets Growth Rate was 77.20% per year. During the past 3 years, the average Total Assets Growth Rate was 359.60% per year.

During the past 4 years, Westgate Energy's highest 3-Year average Total Assets Growth Rate was 359.60%. The lowest was 359.60%. And the median was 359.60%.

Total Assets is connected with ROA %. Westgate Energy's annualized ROA % for the quarter that ended in Mar. 2026 was -58.59%. Total Assets is also linked to Revenue through Asset Turnover. Westgate Energy's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Westgate Energy  (OTCPK:WGTFF) Total Assets Explanation

Total Assets is connected with ROA %.

Westgate Energy's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-12.36/( (20.646+21.545)/ 2 )
=-12.36/21.0955
=-58.59 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Westgate Energy's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.808/( (20.646+21.545)/ 2 )
=2.808/21.0955
=0.13

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Westgate Energy Total Assets Related Terms

Westgate Energy Total Assets Historical Data

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The historical data trend for Westgate Energy's Total 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.

Westgate Energy Total Assets Chart

Westgate Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Total Assets
0.26 8.02 10.85 20.65

Westgate Energy Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.19 23.00 20.55 20.65 21.55
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Westgate Energy Inc WGTFF
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Westgate Energy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Westgate Energy's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=2.633+18.013
=20.65

Westgate Energy's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=0.241+21.304
=21.55

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $21.55 Mil mean?
Westgate Energy (WGTFF) has a Total Assets of $21.55 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Westgate Energy and its competitors.
Is Westgate Energy's Total Assets too high?
Westgate Energy's current Total Assets is $21.55 Mil. Overall, Westgate Energy has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Westgate Energy's Total Assets compare to NE and RIG?
Westgate Energy's Total Assets of $21.55 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Westgate Energy and its competitors. Westgate Energy's current Total Assets is $21.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgate Energy stock overvalued right now?
Westgate Energy (WGTFF) has a current Total Assets of $21.55 Mil. The current Total Assets is $21.55 Mil. Westgate Energy's overall GF Score™ is 4/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Westgate Energy (WGTFF), the current Total Assets is $21.55 Mil as of Mar. 2026. 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.

Westgate Energy Business Description

Industry EnergyOil & Gas
Other Exchanges J3S:GermanyWGT:Canada
Address 2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Westgate Energy Inc is an oil, natural gas and natural gas liquids (NGL or NGLs) exploration, development and production company with properties located in Western Canada. It is focused on the emerging Mannville Stack fairway, characterized by known accumulations of medium and heavy oil which are being unlocked with inventive drilling techniques that utilize multi-lateral horizontal drilling.
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