Western Pacific Trust Company
Western Pacific Trust Company, a non-deposit-taking independent trust company, provides various financial services in Canada. The company offers self-administered tax-free savings accounts, self-administered registered retirement income funds, and self-administered locked-in retirement accounts; and registered retirement savings plans and other self-administered accounts. It provides trust, accou… Read more
Western Pacific Trust Company (WP) - Net Assets
Latest net assets as of September 2025: CA$2.94 Million CAD
Based on the latest financial reports, Western Pacific Trust Company (WP) has net assets worth CA$2.94 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.98 Million) and total liabilities (CA$1.04 Million). 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 | CA$2.94 Million |
| % of Total Assets | 73.94% |
| Annual Growth Rate | 19.85% |
| 5-Year Change | 217.86% |
| 10-Year Change | N/A |
| Growth Volatility | 42.87 |
Western Pacific Trust Company - Net Assets Trend (2013–2024)
This chart illustrates how Western Pacific Trust Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Western Pacific Trust Company (2013–2024)
The table below shows the annual net assets of Western Pacific Trust Company from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.93 Million | +5.29% |
| 2023-12-31 | CA$2.78 Million | +9.00% |
| 2022-12-31 | CA$2.55 Million | +36.58% |
| 2021-12-31 | CA$1.87 Million | +102.80% |
| 2017-12-31 | CA$920.86K | -6.54% |
| 2016-12-31 | CA$985.26K | +107.40% |
| 2015-12-31 | CA$475.05K | -2.69% |
| 2014-12-31 | CA$488.19K | +22.25% |
| 2013-12-31 | CA$399.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Pacific Trust Company'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 grown by 153219500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.00 Million | 102.47% |
| Total Equity | CA$2.93 Million | 100.00% |
Western Pacific Trust Company Competitors by Market Cap
The table below lists competitors of Western Pacific Trust Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AmmPower Corp
OTCQB:AMMPF
|
$1.45 Million |
|
RICHEMONT N
MU:RITN
|
$1.45 Million |
|
Libstar Holdings Ltd
JSE:LBR
|
$1.45 Million |
|
SVP GLOBAL TEXTILES LIMITED
NSE:SVPGLOB
|
$1.45 Million |
|
Orangekloud Technology Inc. Class A Ordinary Shares
NASDAQ:ORKT
|
$1.45 Million |
|
Successmore Being Public Company Limited
BK:SCM
|
$1.45 Million |
|
SWISS RE N - Dusseldorf Stock Exchang
DU:SR9
|
$1.45 Million |
|
Emgold Mining Corporation
OTCQB:EGMCF
|
$1.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Pacific Trust Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,780,110 to 2,927,052, a change of 146,942 (5.3%).
- Net income of 409,619 contributed positively to equity growth.
- Dividend payments of 262,677 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$409.62K | +13.99% |
| Dividends Paid | CA$262.68K | -8.97% |
| Total Change | CA$- | 5.29% |
Book Value vs Market Value Analysis
This analysis compares Western Pacific Trust Company'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: 1.44x
- 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 2.14x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.07 | CA$0.16 | x |
| 2022-12-31 | CA$0.10 | CA$0.16 | x |
| 2023-12-31 | CA$0.11 | CA$0.16 | x |
| 2024-12-31 | CA$0.11 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Pacific Trust Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.00%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.32x
- Recent ROE (13.99%) is above the historical average (-10.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -41.13% | -18.87% | 1.00x | 2.19x | CA$-136.27K |
| 2014 | -155.79% | -26.11% | 0.89x | 6.72x | CA$-163.88K |
| 2015 | 0.00% | -18.40% | 0.62x | 0.00x | CA$-122.92K |
| 2016 | 0.00% | -19.03% | 0.58x | 0.00x | CA$-115.69K |
| 2017 | 0.00% | -0.87% | 0.70x | 0.00x | CA$18.78K |
| 2021 | 45.28% | 75.74% | 0.43x | 1.40x | CA$658.82K |
| 2022 | 25.13% | 42.06% | 0.40x | 1.48x | CA$385.93K |
| 2023 | 15.34% | 21.95% | 0.50x | 1.40x | CA$148.47K |
| 2024 | 13.99% | 20.00% | 0.53x | 1.32x | CA$116.91K |
Industry Comparison
This section compares Western Pacific Trust Company's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Pacific Trust Company (WP) | CA$2.94 Million | -41.13% | 0.35x | $1.45 Million |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |