Log in
FREE 15-Day Trial
Intelligent Investor
Intelligent Investor
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. West African Resources Limited (WAF)
  6. Company Financials

West African Resources Limited (ASX: WAF) - Financials

Current share price for WAF : $1.290 0.01 (0.77%)

West African Resources Limited (WAF) is headquartered in Perth, Western Australia and listed on the Australian Securities Exchange. The Company and its controlled subsidiaries undertake gold mining, mineral processing, exploration, project development, community & social sustainability, and rehabilitation within the West African country of Burkina Faso.

Intelligent Investor free trial for buy hold sell stock recommendations

WAF Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $0.64 20.2 ¢ 14.2 ¢ 0 ¢ 0% $0.84 6.42 42.3% -19.6%
2022 $0.59 17.8 ¢ 15.9 ¢ 0 ¢ 0% $0.68 7.62 45.9% -11%
2021 $0.78 38.3 ¢ 20.7 ¢ 0 ¢ 0% $0.51 5.12 43.4% 26.3%

WAF Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$149,150 $1,770.00 $133,078 13% $0.00 $861,204 87%
Note: All dollars in thousands ('000) for the table above

WAF Historical Financials

2023 2022 2021
Revenue ($M) 658.8 606.1 711.5
Operating Margin (%) 49.7 52.3 61.4
Depreciation ($M) -86.9 -59.4 -57.3
Amortisation ($M)
Net Profit Before Abs ($M) 146.9 164.4 189
Net Profit After Abs ($M) 146.9 164.4 189
Income Tax Rate (%) 31.6 28.7 33.3
Net Profit Margin (%) 22.3 27.1 26.6
Employees ($T)
Long Term Debt ($M) 133.1 1.4 20
Shareholders Equity ($M) 861.2 700.5 525
Return on Capital (%) 15 24 42
Return on Equity (%) 17.1 23.5 36
Payout Ratio (%)

WAF Cashflow

2023 2022 2021
Customer Receipts ($M) 659 606 688
Net Operating Cashflow ($M) 208.6 184.1 349.7
Net Investing Cashflow ($M) -228 -181 -108
Net Financing Cashflow ($M) -23 -16 -155

WAF Market & Earnings

2023 2022 2021
Market Cap ($M) 970 1,202 1,347
Net Gearing (%) 1.6 -20.4 -28.4
Net Interest Cover (%) -470.81 2,501.55 6.53
Dividend Yield (%)
NTA Per Share ($) 0.84 0.68 0.51
EBITDA ($M) 327.5 317 437
EBIT ($M) 240.6 257.7 379.7
EBT Before Abs ($M) 241.1 257.6 321.5

WAF Balance Sheet

2023 2022 2021
Cash ($M) 135.1 173.4 183.4
Debtors ($M)
Other Debtors ($M) 221.7 40.5 36.2
Prepayments ($M) 10.27 2.86 6.29
Inventories ($M) 103.9 68 59
Current Investments ($M) 0.04
Other Current Assets ($M) 3.27 10.27 1.63
Total Current Assets ($M) 474.2 295.1 286.5
Receivables ($M)
Inventories ($M)
Property, Plant & Equipment ($M) 908 663.6 423.2
Accumulated Depreciation ($M) -223.3 -138 -80.9
Intangibles ex. Goodwill ($M)
Goodwill ($M)
Future Income Tax Benefit ($M)
Non-Current Investments ($M)
Other Non-Current Assets ($M) 61.9 58.1 175.5
Total Non-Current Assets ($M) 746.7 583.6 517.7
Total Assets ($M) 1,220.8 878.7 804.2
Accounts Payable ($M) 82.6 52.4 106.1
Provisions ($M) 30 14.4 85.4
Short Term Debt ($M) 16.07 20.73 5.8
Other Current Liabilities ($M)
Total Current Liabilities ($M) 128.6 87.6 197.3
Creditors ($M)
Long Term Debt ($M) 133.08 1.45 20
Provisions ($M) 53.3 49.1 32.5
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M) 186.4 50.6 52.5
Total Liabilities ($M) 315 138.1 249.8
Share Capital ($M) 335.9 335.6 335.3
Reserves ex. Share Premium ($M) 30.67 15.79 4.17
Share Premium Reserve ($M)
Retained Profits ($M) 494.7 349.1 185.5
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M) 44.6 40.1 29.4
Total Shareholders Equity ($M) 905.8 740.6 554.4

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.