Western Bulk Chartering AS Total Assets
Western Bulk Chartering AS 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. Also see how much is Western Bulk Chartering AS worth for the company's overall valuation and market capitalisation.
Total Assets of Western Bulk Chartering AS (2016–2025)
Total assets of Western Bulk Chartering AS from 2016 to 2025. This chart illustrates how Western Bulk Chartering AS's total assets have evolved over time, based on quarterly financial data. See WEST stock price and chart for real-time trading data and today's change.
Western Bulk Chartering AS - Asset Composition Analysis
Western Bulk Chartering AS Total Assets Breakdown (December 2025)
Western Bulk Chartering AS total assets breakdown as of 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. Explore WEST working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.33 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
China | CN¥36.08 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Safe Bulkers Inc
NYSE:SB
|
USA | $1.43 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥826.57 Million |
|
Euroseas Ltd
NASDAQ:ESEA
|
USA | $700.46 Million |
|
Seanergy Maritime Holdings Corp
NASDAQ:SHIP
|
USA | $643.46 Million |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
China | CN¥1.35 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 | 0.82 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | Nkr108.57 Million |
| Market Capitalization | $89.51 Million USD |
Valuation Analysis
Near Book Valuation: The market values Western Bulk Chartering AS's assets close to their book value (0.82x), suggesting investors view the company's assets at approximately fair value.
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
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