WBNEF (WestBond Enterprises) Equity-to-Asset: 0.67 (As of Jun. 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBNEF WestBond Enterprises Corp WBNEF
53 GF Score
Price $0.15
GF Value $0.11
! 5 Warning Signs
View Full Analysis

What is WestBond Enterprises Equity-to-Asset?

WestBond Enterprises WBNEF 53 Equity-to-Asset is 0.67 as of Jun. 2026, which is 29% above its 10-year median of 0.52. GuruFocus rates WBNEF with a GF Score™ of 53/100 and a GF Value™ of $0.11. The stock has 5 warning signs investors should review. Among 284 Forest Products companies, WestBond Enterprises ranks better than 72.89% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WestBond Enterprises's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $6.08 Mil. WestBond Enterprises's Total Assets for the quarter that ended in Jun. 2026 was $9.10 Mil. Therefore, WestBond Enterprises's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.67.

The historical rank and industry rank for WestBond Enterprises's Equity-to-Asset or its related term are showing as below:

WBNEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.67
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of WestBond Enterprises was 0.67. The lowest was 0.40. And the median was 0.52.

WBNEF's Equity-to-Asset is ranked better than
72.89% of 284 companies
in the Forest Products industry
Industry Median: 0.54 vs WBNEF: 0.67

WestBond Enterprises  (OTCPK:WBNEF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


WestBond Enterprises Equity-to-Asset Related Terms


WestBond Enterprises Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for WestBond Enterprises's Equity-to-Asset 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.

WestBond Enterprises Equity-to-Asset Chart

WestBond Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.58 0.60 0.62 0.66

WestBond Enterprises Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.64 0.64 0.65 0.66 0.67

WestBond Enterprises Equity-to-Asset Competitor Comparison

For the Paper & Paper Products subindustry, WestBond Enterprises's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WestBond Enterprises Equity-to-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, WestBond Enterprises's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where WestBond Enterprises's Equity-to-Asset falls into.


WBNEF
53GF Score
WestBond Enterprises Corp WBNEF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WestBond Enterprises Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

WestBond Enterprises's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=6.004/9.044
=0.66

WestBond Enterprises's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=6.08/9.096
=0.67

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.67 mean?
WestBond Enterprises (WBNEF) has a Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WestBond Enterprises and its competitors. This is 29% above median its historical median of 0.52. Over the past decade, WestBond Enterprises' Equity-to-Asset has ranged from 0.40 to 0.67. According to the industry distribution chart, WestBond Enterprises ranks #77 out of 284 companies in the Forest Products industry, placing it in the top 27.1%.
Is WestBond Enterprises' Equity-to-Asset too high?
WestBond Enterprises' current Equity-to-Asset of 0.67 is 29% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.67. The Forest Products industry median Equity-to-Asset is 0.54. WestBond Enterprises' value of 0.67 is 24.1% above this industry median. Based on the distribution chart, WestBond Enterprises ranks #77 out of 284 companies in the Forest Products industry, which is above the industry midpoint. Overall, WestBond Enterprises has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' Equity-to-Asset compare to competitors?
According to the Forest Products industry distribution chart, WestBond Enterprises ranks #77 out of 284 companies for Equity-to-Asset. This puts WestBond Enterprises in the upper half of its industry. The industry median Equity-to-Asset is 0.54. WestBond Enterprises' value of 0.67 is 24.1% above this benchmark. Historically, WestBond Enterprises' own Equity-to-Asset has ranged from 0.40 to 0.67 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.54, WestBond Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WestBond Enterprises's current Equity-to-Asset of 0.67 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WestBond Enterprises and its competitors. For the Forest Products industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestBond Enterprises's current Equity-to-Asset is 0.67, which is 29% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
WestBond Enterprises (WBNEF) has a current Equity-to-Asset of 0.67. The stock's GF Value™ is $0.11, compared to a current price of $0.15 — trading 38.2% above its estimated fair value. The current Equity-to-Asset is 0.67, which is 29% above median its 10-year median of 0.52 and 24.1% above the Forest Products industry median of 0.54. WestBond Enterprises' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For WestBond Enterprises (WBNEF), the current Equity-to-Asset is 0.67 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WestBond Enterprises (WBNEF) Overvalued in 2026?

Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued. The current stock price of $0.15 is trading 38.2% above its estimated GF Value™ of $0.11.

Key valuation signals for WBNEF:

  • Equity-to-Asset: 0.67 (29% above median its 10-year median of 0.52)
  • GF Value™: $0.11 vs. price of $0.15 (38.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 24.1% above the Forest Products median (#77 of 284)

No single metric tells the full story. See the WBNEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WestBond Enterprises Business Description

Other Exchanges WBE:Canada
Address 7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
53GF Score

Get the complete analysis for WBNEF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.15
Price
$0.11
GF Value