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WSB Financial (WSB Financial) Total Assets : $365.21 Mil (As of Dec. 2008)


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What is WSB Financial Total Assets?

WSB Financial's Total Assets for the quarter that ended in Dec. 2008 was $365.21 Mil.

Total Assets is connected with ROA %. WSB Financial's annualized ROA % for the quarter that ended in Dec. 2008 was -12.15%. Total Assets is also linked to Revenue through Asset Turnover. WSB Financial's Asset Turnover for the quarter that ended in Dec. 2008 was 0.00.


WSB Financial Total Assets Historical Data

The historical data trend for WSB Financial's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WSB Financial Total Assets Chart

WSB Financial Annual Data
Trend Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets
Get a 7-Day Free Trial 137.42 250.00 386.75 489.33 365.21

WSB Financial Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 489.33 503.53 429.00 397.07 365.21

WSB Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

WSB Financial's Total Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (A: Dec. 2008 )+Total Liabilities (A: Dec. 2008 )
=24.316+340.894
=365.21

WSB Financial's Total Assets for the quarter that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (Q: Dec. 2008 )+Total Liabilities (Q: Dec. 2008 )
=24.316+340.894
=365.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WSB Financial  (OTCPK:WSFGQ) Total Assets Explanation

Total Assets is connected with ROA %.

WSB Financial's annualized ROA % for the quarter that ended in Dec. 2008 is

ROA %=Net Income (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=-46.3/( (397.071+365.21)/ 2 )
=-46.3/381.1405
=-12.15 %

Note: The Net Income data used here is four times the quarterly (Dec. 2008) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

WSB Financial's Asset Turnover for the quarter that ended in Dec. 2008 is

Asset Turnover
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=0.496/( (397.071+365.21)/ 2 )
=0.496/381.1405
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

WSB Financial Total Assets Related Terms

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WSB Financial (WSB Financial) Business Description

Traded in Other Exchanges
N/A
Address
607 Pacific Avenue, Bremerton, WA, USA, 98337
WSB Financial Inc is a bank holding company. The company provides real estate lending products and supplemented by commercial banking products and services. It also provides short-term to long-term commercial and consumer lending products and services.
Executives
Charles L Turner officer: Sr. VP, Chief Lending Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121

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