Western Bulk Chartering AS
Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It engages in chartering and operating 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 of 120 vessels, including time charter trip vessels and period vessels. The c… Read more
Western Bulk Chartering AS (WSSTF) - Total Assets
Latest total assets as of June 2025: $104.67 Million USD
Based on the latest financial reports, Western Bulk Chartering AS (WSSTF) holds total assets worth $104.67 Million USD as of June 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 (2014–2024)
This chart illustrates how Western Bulk Chartering AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Bulk Chartering AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Bulk Chartering AS's total assets of $104.67 Million consist of 98.8% current assets and 1.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.1% |
| Accounts Receivable | $34.54 Million | 29.4% |
| Inventory | $38.91 Million | 33.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $119.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Western Bulk Chartering AS's current assets represent 98.8% of total assets in 2024, a decrease from 99.1% in 2014.
- Cash Position: Cash and equivalents constituted 29.1% of total assets in 2024, up from -23.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 33.1% 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 |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Western Bulk Chartering AS - 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
Strong asset utilization - Western Bulk Chartering AS generates 10.80x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Western Bulk Chartering AS is currently not profitable relative to its asset base.
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 | 1.86 | 1.22 |
| Quick Ratio | 1.07 | 1.07 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $46.55 Million | $ 54.41 Million | $ 13.61 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 | 1.16 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | $117.59 Million |
| Market Capitalization | $10.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Western Bulk Chartering AS's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Western Bulk Chartering AS's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Western Bulk Chartering AS (2014–2024)
The table below shows the annual total assets of Western Bulk Chartering AS from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $117.59 Million | -1.88% |
| 2023-12-31 | $119.84 Million | -26.31% |
| 2022-12-31 | $162.61 Million | -17.30% |
| 2021-12-31 | $196.63 Million | +147.82% |
| 2020-12-31 | $79.34 Million | -32.78% |
| 2019-12-31 | $118.05 Million | +1.40% |
| 2018-12-31 | $116.42 Million | +14.79% |
| 2017-12-31 | $101.42 Million | +2.83% |
| 2016-12-31 | $98.62 Million | -15.95% |
| 2015-12-31 | $117.33 Million | -40.68% |
| 2014-12-31 | $197.78 Million | -- |