Western Bulk Chartering AS (WEST) - Total Assets
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. Check cash flow reinvestment rate of Western Bulk Chartering AS to assess the company's total reinvestment commitment from operating cash flow.
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. Check Western Bulk Chartering AS earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| 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. For live market cap, price, and company overview, see market value of Western Bulk Chartering AS.
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 |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩5.15 Trillion |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
USA | $10.58 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$454.65 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
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 | 0.71 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | Nkr108.57 Million |
| Market Capitalization | $77.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Western Bulk Chartering AS's assets below their book value (0.71x), 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 |
-- |
About Western Bulk Chartering AS
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