Westbridge Renewable Energy (TSXV:WEB) Total Assets : C$65.54 Mil (As of Nov. 2024)

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What is Westbridge Renewable Energy Total Assets?

Westbridge Renewable Energy's Total Assets for the quarter that ended in Nov. 2024 was C$65.54 Mil.

During the past 12 months, Westbridge Renewable Energy's average Total Assets Growth Rate was -32.40% per year. During the past 3 years, the average Total Assets Growth Rate was 182.70% per year. During the past 5 years, the average Total Assets Growth Rate was 504.80% per year.

During the past 13 years, Westbridge Renewable Energy's highest 3-Year average Total Assets Growth Rate was 1047.10%. The lowest was -75.70%. And the median was -7.80%.

Total Assets is connected with ROA %. Westbridge Renewable Energy's annualized ROA % for the quarter that ended in Nov. 2024 was 133.02%. Total Assets is also linked to Revenue through Asset Turnover. Westbridge Renewable Energy's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Westbridge Renewable Energy Total Assets Historical Data

The historical data trend for Westbridge Renewable Energy'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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Westbridge Renewable Energy Total Assets Chart

Westbridge Renewable Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Nov21

Nov22

Nov23

Nov24

Total Assets

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0.66

4.89

7.68

57.81

65.54

Westbridge Renewable Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Assets	Get a 7-Day Free Trial															57.81	79.44	79.38	70.87	65.54

Westbridge Renewable Energy 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.

Westbridge Renewable Energy's Total Assets for the fiscal year that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (A: Nov. 2024 )	+	Total Liabilities (A: Nov. 2024 )
	=	52.256	+	13.284
	=	65.54

Westbridge Renewable Energy's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	52.256	+	13.284
	=	65.54

Westbridge Renewable Energy (TSXV:WEB) Total Assets Explanation

Total Assets is connected with ROA %.

Westbridge Renewable Energy's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	90.724	/	( (70.867	+	65.54)	/ 2 )
	=	90.724	/	68.2035
	=	133.02 %

Note: The Net Income data used here is four times the quarterly (Nov. 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.

Westbridge Renewable Energy's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	0	/	( (70.867	+	65.54)	/ 2 )
=	0	/	68.2035
=	0.00

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.

Westbridge Renewable Energy Total Assets Related Terms

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Westbridge Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Westbridge Renewable Energy Corp (TSXV:WEB) » Definitions » Total Assets

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WEGYF:USA

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.westbridge.energy

Westbridge Renewable Energy Corp is focused on the acquisition and development of solar photovoltaic projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy. Its projects include Accalia Point Solar PV, Dolcy Project, Corry Solar and BESS Project, Eastervale Project, The Red Willow Project, and others. The company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK.

Executives

Marcus Yang	Director
Scott Kelly	Director, Senior Officer
Pandelis Vassilakakis	Senior Officer
Marianna Alifuoco	10% Security Holder
Stefano Romanin	10% Security Holder, Director, Senior Officer