WSSTF (Western Bulk Chartering AS) Retained Earnings: $38 Mil (As of Dec. 2025)


WSSTF Western Bulk Chartering AS WSSTF
55 GF Score
Price $2.20
GF Value $1.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Western Bulk Chartering AS Retained Earnings?

Western Bulk Chartering AS WSSTF +33.33% 55 Retained Earnings is $38 Mil as of Dec. 2025. GuruFocus rates WSSTF with a GF Score™ of 55/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Western Bulk Chartering AS's retained earnings for the quarter that ended in Dec. 2025 was $38 Mil.

Western Bulk Chartering AS's quarterly retained earnings declined from Dec. 2024 ($37 Mil) to Jun. 2025 ($35 Mil) but then increased from Jun. 2025 ($35 Mil) to Dec. 2025 ($38 Mil).

Western Bulk Chartering AS's annual retained earnings declined from Dec. 2023 ($40 Mil) to Dec. 2024 ($37 Mil) but then increased from Dec. 2024 ($37 Mil) to Dec. 2025 ($38 Mil).


Western Bulk Chartering AS  (OTCPK:WSSTF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Western Bulk Chartering AS Retained Earnings Historical Data

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The historical data trend for Western Bulk Chartering AS's Retained Earnings 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.

Western Bulk Chartering AS Retained Earnings Chart

Western Bulk Chartering AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -0.35 55.63 40.01 37.26 38.34

Western Bulk Chartering AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.01 42.50 37.26 35.20 38.34
WSSTF
55GF Score
Western Bulk Chartering AS WSSTF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Bulk Chartering AS Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $38 Mil mean?
Western Bulk Chartering AS (WSSTF) has a Retained Earnings of $38 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Western Bulk Chartering AS and its competitors.
Is Western Bulk Chartering AS's Retained Earnings too high?
Western Bulk Chartering AS's current Retained Earnings is $38 Mil. Overall, Western Bulk Chartering AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Bulk Chartering AS's Retained Earnings compare to competitors?
Western Bulk Chartering AS's Retained Earnings of $38 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Western Bulk Chartering AS and its competitors. Western Bulk Chartering AS's current Retained Earnings is $38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Bulk Chartering AS stock overvalued right now?
Based on GuruFocus' analysis, Western Bulk Chartering AS (WSSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $2.20 — trading 36.6% above its estimated fair value. The current Retained Earnings is $38 Mil. Western Bulk Chartering AS's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Western Bulk Chartering AS (WSSTF), the current Retained Earnings is $38 Mil as of Dec. 2025. 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 Western Bulk Chartering AS (WSSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Western Bulk Chartering AS stock appears to be overvalued. The current stock price of $2.20 is trading 36.6% above its estimated GF Value™ of $1.61. GuruFocus considers Western Bulk Chartering AS to be Significantly Overvalued.

Key valuation signals for WSSTF:

  • Retained Earnings: $38 Mil
  • GF Value™: $1.61 vs. price of $2.20 (36.6% above fair value)
  • GF Score™: 55/100 with 7 warning signs

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


Western Bulk Chartering AS Business Description

Other Exchanges WEST:Norway7EJ:Germany
Address Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodities include coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East. The majority of revenue is from the Far East.
55GF Score

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

$2.20
Price
$1.61
GF Value