WestBond Enterprises (TSXV:WBE) Total Assets : C$12.16 Mil (As of Sep. 2024)

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What is WestBond Enterprises Total Assets?

WestBond Enterprises's Total Assets for the quarter that ended in Sep. 2024 was C$12.16 Mil.

During the past 12 months, WestBond Enterprises's average Total Assets Growth Rate was -9.80% per year. During the past 3 years, the average Total Assets Growth Rate was -3.70% per year. During the past 5 years, the average Total Assets Growth Rate was -0.80% per year. During the past 10 years, the average Total Assets Growth Rate was 7.20% per year.

During the past 13 years, WestBond Enterprises's highest 3-Year average Total Assets Growth Rate was 34.60%. The lowest was -4.80%. And the median was 6.70%.

Total Assets is connected with ROA %. WestBond Enterprises's annualized ROA % for the quarter that ended in Sep. 2024 was 2.28%. Total Assets is also linked to Revenue through Asset Turnover. WestBond Enterprises's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.

WestBond Enterprises Total Assets Historical Data

The historical data trend for WestBond Enterprises'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.

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WestBond Enterprises Total Assets Chart

WestBond Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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13.62

15.55

14.26

13.42

12.69

WestBond Enterprises Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															13.50	13.18	12.69	12.70	12.16

WestBond Enterprises 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.

WestBond Enterprises's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	7.621	+	5.074
	=	12.70

WestBond Enterprises's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	7.704	+	4.459
	=	12.16

WestBond Enterprises (TSXV:WBE) Total Assets Explanation

Total Assets is connected with ROA %.

WestBond Enterprises's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	0.284	/	( (12.696	+	12.163)	/ 2 )
	=	0.284	/	12.4295
	=	2.28 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

WestBond Enterprises's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2.577	/	( (12.696	+	12.163)	/ 2 )
=	2.577	/	12.4295
=	0.21

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.

WestBond Enterprises Total Assets Related Terms

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WestBond Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » WestBond Enterprises Corp (TSXV:WBE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WBNEF:USA

Address

7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7

Website

https://www.westbond.ca

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, dental bibs, sheets, pillowcases, gowns, aprons, Jumbo Roll Bathroom Tissue, Conventional Bathroom Tissue, Towels such as Center Pull, Kraft Roll, and Single Fold, Roll Air Laid Wipes, among others.

Executives

Peter Robert Toigo	Director
John Douglas Seppala	Director

WestBond Enterprises Headlines

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