WSB Financial Group Inc
WSB Financial Group, Inc. operates as the holding company for Westsound Bank that offers various commercial banking services to real estate developers, contractors, small to medium-sized businesses, individuals, professionals, and professional firms in Washington. The bank primarily generates deposits and originates loans. The bank's deposit products include interest bearing and noninterest beari… Read more
WSB Financial Group Inc (WSFGQ) - Total Assets
Latest total assets as of December 2008: $365.21 Million USD
Based on the latest financial reports, WSB Financial Group Inc (WSFGQ) holds total assets worth $365.21 Million USD as of December 2008.
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.
WSB Financial Group Inc - Total Assets Trend (2002–2008)
This chart illustrates how WSB Financial Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
WSB Financial Group Inc - Asset Composition Analysis
Current Asset Composition (December 2008)
WSB Financial Group Inc's total assets of $365.21 Million consist of 14.2% current assets and 85.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.6% |
| Accounts Receivable | $5.88 Million | 1.6% |
| Inventory | $19.63 Million | 5.4% |
| Property, Plant & Equipment | $7.91 Million | 2.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2008)
This chart illustrates how WSB Financial Group Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: WSB Financial Group Inc's current assets represent 14.2% of total assets in 2008, an increase from 10.8% in 2002.
- Cash Position: Cash and equivalents constituted 12.6% of total assets in 2008, up from 10.8% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 5.4% of total assets.
WSB Financial Group Inc Competitors by Total Assets
Key competitors of WSB Financial Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
WSB Financial Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - WSB Financial Group Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - WSB Financial Group Inc is currently not profitable relative to its asset base.
WSB Financial Group Inc - 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 | 0.16 | 0.16 | 0.09 |
| Quick Ratio | 0.10 | 0.16 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-280.11 Million | $ -353.61 Million | $ -111.99 Million |
WSB Financial Group Inc - Advanced Valuation Insights
This section examines the relationship between WSB Financial Group Inc'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -25.4% |
| Total Assets | $365.21 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values WSB Financial Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: WSB Financial Group Inc's assets decreased by 25.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for WSB Financial Group Inc (2002–2008)
The table below shows the annual total assets of WSB Financial Group Inc from 2002 to 2008.
| Year | Total Assets | Change |
|---|---|---|
| 2008-12-31 | $365.21 Million | -25.37% |
| 2007-12-31 | $489.33 Million | +26.52% |
| 2006-12-31 | $386.75 Million | +54.70% |
| 2005-12-31 | $250.00 Million | +81.93% |
| 2004-12-31 | $137.42 Million | +160.43% |
| 2002-12-31 | $52.77 Million | -- |