Western Bulk Chartering AS (WEST) - Total Assets

Latest as of December 2025: Nkr108.57 Million NOK ≈ $11.42 Million USD

Based on the latest financial reports, Western Bulk Chartering AS (WEST) holds total assets worth Nkr108.57 Million NOK (≈ $11.42 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Western Bulk Chartering AS - Total Assets Trend (2016–2025)

This chart illustrates how Western Bulk Chartering AS's total assets have evolved over time, based on quarterly financial data. Also see Western Bulk Chartering AS stock valuation for the company's overall valuation and market capitalisation.

Western Bulk Chartering AS - Asset Composition Analysis

Current Asset Composition (December 2025)

Western Bulk Chartering AS's total assets of Nkr108.57 Million consist of 96.4% current assets and 3.6% non-current assets. Review Western Bulk Chartering AS balance sheet liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr0.00 32.4%
Accounts Receivable Nkr25.09 Million 23.1%
Inventory Nkr38.12 Million 35.1%
Property, Plant & Equipment Nkr261.00K 0.2%
Intangible Assets Nkr89.00K 0.1%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2016–2025)

This chart illustrates how Western Bulk Chartering AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Western Bulk Chartering AS (WEST) stock price for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Western Bulk Chartering AS's current assets represent 96.4% of total assets in 2025, a decrease from 97.4% in 2016.
  • Cash Position: Cash and equivalents constituted 32.4% of total assets in 2025, up from 0.0% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 35.1% of total assets.

Western Bulk Chartering AS Competitors by Total Assets

Key competitors of Western Bulk Chartering AS based on total assets are shown below.

Company Country Total Assets
KAWASAKI KISEN K. ADR/1/2
F:KLI
Germany €2.23 Trillion
Hafnia Limited
NYSE:HAFN
USA $3.57 Billion
ZIM Integrated Shipping Services Ltd.
F:2SV
Germany €11.01 Billion
Hainan Strait Shipping Co Ltd
SHE:002320
China CN¥9.89 Billion
Dampskibsselskabet Norden AS
CO:DNORD
Denmark Dkr2.51 Billion
BW LPG Limited
F:BW9
Germany €3.15 Billion
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
China CN¥826.57 Million
Himalaya Shipping Ltd
OL:HSHP
Norway Nkr865.30 Million

Western Bulk Chartering AS - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.82 1.72 1.33
Quick Ratio 1.14 1.14 0.84
Cash Ratio 0.61 0.51 0.52
Working Capital Nkr47.06 Million Nkr48.66 Million Nkr19.28 Million

Western Bulk Chartering AS - Advanced Valuation Insights

This section examines the relationship between Western Bulk Chartering AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.43
Latest Market Cap to Assets Ratio 0.75
Asset Growth Rate (YoY) -7.7%
Total Assets Nkr108.57 Million
Market Capitalization $81.37 Million USD

Valuation Analysis

Below Book Valuation: The market values Western Bulk Chartering AS's assets below their book value (0.75x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Western Bulk Chartering AS's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Western Bulk Chartering AS (2016–2025)

The table below shows the annual total assets of Western Bulk Chartering AS from 2016 to 2025.

Year Total Assets Change
2025-12-31 Nkr108.57 Million
≈ $11.42 Million
-7.67%
2024-12-31 Nkr117.59 Million
≈ $12.37 Million
-1.88%
2023-12-31 Nkr119.84 Million
≈ $12.61 Million
-26.31%
2022-12-31 Nkr162.61 Million
≈ $17.11 Million
-17.30%
2021-12-31 Nkr196.63 Million
≈ $20.69 Million
+147.82%
2020-12-31 Nkr79.34 Million
≈ $8.35 Million
-32.78%
2019-12-31 Nkr118.05 Million
≈ $12.42 Million
+1.40%
2018-12-31 Nkr116.42 Million
≈ $12.25 Million
+14.79%
2017-12-31 Nkr101.42 Million
≈ $10.67 Million
+2.83%
2016-12-31 Nkr98.62 Million
≈ $10.38 Million
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About Western Bulk Chartering AS

OL:WEST Norway Marine Shipping
Market Cap
$81.37 Million
Nkr773.25 Million NOK
Market Cap Rank
#20086 Global
#179 in Norway
Share Price
Nkr23.00
Change (1 day)
-2.13%
52-Week Range
Nkr13.50 - Nkr23.50
All Time High
Nkr45.20
About

Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. The company engages in owning, chartering and operating ships, dry bulk vessels for the transportation of products, such as minerals, timber, cement, bauxite, steel products, grains, coal, and other products; and operation of chartered-in fleet varies between 100 and 150 vessels, including time ch… Read more