Westshore Terminals Investment Corp
Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. It has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.
Westshore Terminals Investment Corp (WTSHF) - Net Assets
Latest net assets as of September 2025: $339.55 Million USD
Based on the latest financial reports, Westshore Terminals Investment Corp (WTSHF) has net assets worth $339.55 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.72 Billion) and total liabilities ($1.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $339.55 Million |
| % of Total Assets | 19.69% |
| Annual Growth Rate | 0.77% |
| 5-Year Change | -1.98% |
| 10-Year Change | 33.45% |
| Growth Volatility | 97.56 |
Westshore Terminals Investment Corp - Net Assets Trend (1998–2024)
This chart illustrates how Westshore Terminals Investment Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Westshore Terminals Investment Corp (1998–2024)
The table below shows the annual net assets of Westshore Terminals Investment Corp from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $725.90 Million | -0.50% |
| 2023-12-31 | $729.55 Million | +2.36% |
| 2022-12-31 | $712.71 Million | -9.61% |
| 2021-12-31 | $788.47 Million | +6.47% |
| 2020-12-31 | $740.58 Million | +4.33% |
| 2019-12-31 | $709.84 Million | +11.35% |
| 2018-12-31 | $637.50 Million | +1.33% |
| 2017-12-31 | $629.14 Million | +0.55% |
| 2016-12-31 | $625.72 Million | +15.04% |
| 2015-12-31 | $543.93 Million | +9.28% |
| 2014-12-31 | $497.74 Million | +4.73% |
| 2013-12-31 | $475.27 Million | +9.50% |
| 2012-12-31 | $434.03 Million | +496.98% |
| 2011-12-31 | $72.70 Million | -85.00% |
| 2010-12-31 | $484.69 Million | -8.88% |
| 2009-12-31 | $531.92 Million | +2.91% |
| 2008-12-31 | $516.86 Million | -1.67% |
| 2007-12-31 | $525.64 Million | +2.45% |
| 2006-12-31 | $513.06 Million | -3.58% |
| 2005-12-31 | $532.12 Million | +6.23% |
| 2004-12-31 | $500.90 Million | -1.83% |
| 2003-12-31 | $510.25 Million | +0.02% |
| 2002-12-31 | $510.14 Million | -0.97% |
| 2001-12-31 | $515.15 Million | -3.07% |
| 2000-12-31 | $531.46 Million | -4.80% |
| 1999-12-31 | $558.28 Million | -6.02% |
| 1998-12-31 | $594.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Westshore Terminals Investment Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 69357300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.42 Billion | 195.55% |
| Total Equity | $725.90 Million | 100.00% |
Westshore Terminals Investment Corp Competitors by Market Cap
The table below lists competitors of Westshore Terminals Investment Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Longhorn Auto Co. Ltd. A
SHE:301488
|
$559.38 Million |
|
Rainbow Childrens Medicare Limited
NSE:RAINBOW
|
$559.52 Million |
|
Sociedad Matriz SAAM SA
SN:SMSAAM
|
$559.55 Million |
|
Fujian Kuncai Material Tech
SHG:603826
|
$559.56 Million |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
$558.83 Million |
|
Guangan
SHG:600979
|
$558.73 Million |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$558.63 Million |
|
Atresmedia Corporación de Medios de Comunicación S.A
PINK:ATVDY
|
$558.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westshore Terminals Investment Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 729,554,000 to 725,899,000, a change of -3,655,000 (-0.5%).
- Net income of 115,252,000 contributed positively to equity growth.
- Dividend payments of 113,555,000 reduced retained earnings.
- Share repurchases of 17,656,000 reduced equity.
- Other factors increased equity by 12,304,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $115.25 Million | +15.88% |
| Dividends Paid | $113.56 Million | -15.64% |
| Share Repurchases | $17.66 Million | -2.43% |
| Other Changes | $12.30 Million | +1.7% |
| Total Change | $- | -0.50% |
Book Value vs Market Value Analysis
This analysis compares Westshore Terminals Investment Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.04x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $8.44 | $17.26 | x |
| 1999-12-31 | $7.93 | $17.26 | x |
| 2000-12-31 | $7.55 | $17.26 | x |
| 2001-12-31 | $7.32 | $17.26 | x |
| 2002-12-31 | $7.22 | $17.26 | x |
| 2003-12-31 | $7.23 | $17.26 | x |
| 2004-12-31 | $7.09 | $17.26 | x |
| 2005-12-31 | $7.53 | $17.26 | x |
| 2006-12-31 | $7.26 | $17.26 | x |
| 2007-12-31 | $7.14 | $17.26 | x |
| 2008-12-31 | $6.96 | $17.26 | x |
| 2009-12-31 | $7.16 | $17.26 | x |
| 2010-12-31 | $6.53 | $17.26 | x |
| 2011-12-31 | $0.98 | $17.26 | x |
| 2012-12-31 | $5.85 | $17.26 | x |
| 2013-12-31 | $6.40 | $17.26 | x |
| 2014-12-31 | $6.70 | $17.26 | x |
| 2015-12-31 | $7.34 | $17.26 | x |
| 2016-12-31 | $8.49 | $17.26 | x |
| 2017-12-31 | $8.69 | $17.26 | x |
| 2018-12-31 | $9.21 | $17.26 | x |
| 2019-12-31 | $10.64 | $17.26 | x |
| 2020-12-31 | $11.45 | $17.26 | x |
| 2021-12-31 | $12.46 | $17.26 | x |
| 2022-12-31 | $11.27 | $17.26 | x |
| 2023-12-31 | $11.67 | $17.26 | x |
| 2024-12-31 | $11.69 | $17.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westshore Terminals Investment Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.48%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.55x
- Recent ROE (15.88%) is below the historical average (16.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 4.39% | 0.00% | 0.00x | 1.02x | $-33.31 Million |
| 1999 | 3.55% | 0.00% | 0.00x | 1.02x | $-36.02 Million |
| 2000 | 2.84% | 142.35% | 0.02x | 1.03x | $-38.04 Million |
| 2001 | 6.43% | 155.80% | 0.04x | 1.03x | $-18.38 Million |
| 2002 | 7.52% | 155.20% | 0.05x | 1.02x | $-12.68 Million |
| 2003 | 11.23% | 49.78% | 0.21x | 1.10x | $6.26 Million |
| 2004 | 9.66% | 38.18% | 0.21x | 1.18x | $-1.72 Million |
| 2005 | 21.28% | 66.70% | 0.29x | 1.09x | $60.00 Million |
| 2006 | 12.81% | 40.69% | 0.28x | 1.11x | $14.44 Million |
| 2007 | 11.09% | 35.18% | 0.27x | 1.15x | $5.72 Million |
| 2008 | 24.16% | 47.10% | 0.43x | 1.19x | $73.18 Million |
| 2009 | 20.14% | 51.56% | 0.34x | 1.14x | $53.94 Million |
| 2010 | 17.45% | 37.83% | 0.39x | 1.19x | $36.10 Million |
| 2011 | 59.13% | 20.20% | 0.37x | 7.83x | $35.72 Million |
| 2012 | 14.90% | 26.86% | 0.41x | 1.36x | $21.25 Million |
| 2013 | 28.07% | 45.12% | 0.47x | 1.33x | $85.90 Million |
| 2014 | 26.21% | 41.80% | 0.47x | 1.33x | $80.67 Million |
| 2015 | 28.12% | 41.81% | 0.49x | 1.38x | $98.54 Million |
| 2016 | 19.09% | 36.81% | 0.39x | 1.32x | $56.85 Million |
| 2017 | 17.39% | 33.15% | 0.38x | 1.36x | $46.48 Million |
| 2018 | 19.16% | 33.61% | 0.43x | 1.32x | $58.38 Million |
| 2019 | 19.64% | 35.25% | 0.33x | 1.70x | $68.40 Million |
| 2020 | 17.14% | 34.45% | 0.29x | 1.69x | $52.86 Million |
| 2021 | 13.67% | 31.67% | 0.26x | 1.64x | $28.97 Million |
| 2022 | 9.38% | 22.89% | 0.23x | 1.77x | $-4.43 Million |
| 2023 | 15.98% | 30.59% | 0.27x | 1.91x | $43.60 Million |
| 2024 | 15.88% | 28.48% | 0.22x | 2.55x | $42.66 Million |
Industry Comparison
This section compares Westshore Terminals Investment Corp's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westshore Terminals Investment Corp (WTSHF) | $339.55 Million | 4.39% | 4.08x | $559.09 Million |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |