Western Copper & Gold (WRN) Rent Expense (2011 - 2021)
Western Copper & Gold's Rent Expense came in at $28,153 for the quarter ended Mar 31, 2021, up 19.7% from $23,528 a year earlier and up 28.6% from the prior quarter.
Western Copper & Gold (WRN) Rent Expense (2011 - 2021) Analysis & Trends
Over the trailing twelve months to Mar 31, 2021, Western Copper & Gold reported Rent Expense of $94,307, up 10.5% year-over-year; for the year ended Dec 31, 2020, it came in at $89,710, up 3.6% from the prior year.
- Rent Expense carries a five-year compound annual growth rate of -12.4% (years ended Dec 2015 to Dec 2020).
- Going back by year, Rent Expense was $86,590 in the year ended Dec 31, 2019 (-0.4%), $86,967 in the year ended Dec 31, 2018 (+0.5%), $86,529 in the year ended Dec 31, 2017 (-18.6%) and $106,240 in the year ended Dec 31, 2016 (-39.1%).
- The figure for the quarter ended Mar 31, 2021 represents the highest quarterly Rent Expense since the quarter ended Jun 30, 2016.
- Year-over-year, Rent Expense has increased for three consecutive quarters, with growth averaging 4.2% over the last eight quarters.
- The fastest year-over-year change in Rent Expense over five years came in the quarter ended Dec 31, 2017 (growth of 33.4%), and the weakest in the quarter ended Dec 31, 2016 (a decline of 60.2%).
- Business Quant data shows WRN's Rent Expense at $21,896 (quarter ended Dec 31, 2020), $23,671 (quarter ended Sep 30, 2020) and $20,587 (quarter ended Jun 30, 2020) in the three quarters before the quarter ended Mar 31, 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | - |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | - |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | - |
| 10 | Western Copper & Gold | 451.21 Mn | 451.21 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 28,152.81 |
| Dec 31, 2020 | 21,895.58 |
| Sep 30, 2020 | 23,671.36 |
| Jun 30, 2020 | 20,586.77 |
| Mar 31, 2020 | 23,528.50 |
| Dec 31, 2019 | 18,051.94 |
| Sep 30, 2019 | 18,054.29 |
| Jun 30, 2019 | 25,684.45 |
| Mar 31, 2019 | 24,711.73 |
| Dec 31, 2018 | 21,540.65 |
| Sep 30, 2018 | 21,468.90 |
| Jun 30, 2018 | 21,754.06 |
| Mar 31, 2018 | 22,205.14 |
| Dec 31, 2017 | 22,091.15 |
| Sep 30, 2017 | 22,379.21 |
| Jun 30, 2017 | 20,871.66 |
| Mar 31, 2017 | 21,199.54 |
| Dec 31, 2016 | 16,563.76 |
| Sep 30, 2016 | 16,948.63 |
| Jun 30, 2016 | 31,712.78 |
Western Copper & Gold Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=WRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "WRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=WRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();