Western Pacific Trust Co (TSXV:WP) Total Assets : C$3.91 Mil (As of Dec. 2023)

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What is Western Pacific Trust Co Total Assets?

Western Pacific Trust Co's Total Assets for the quarter that ended in Dec. 2023 was C$3.91 Mil.

Warning Sign:

If a company builds assets at 47.5% a year, faster than its revenue growth rate of 12.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Western Pacific Trust Co's average Total Assets Growth Rate was -9.40% per year. During the past 3 years, the average Total Assets Growth Rate was 64.70% per year. During the past 5 years, the average Total Assets Growth Rate was 47.50% per year. During the past 10 years, the average Total Assets Growth Rate was 34.90% per year.

During the past 13 years, Western Pacific Trust Co's highest 3-Year average Total Assets Growth Rate was 64.70%. The lowest was -53.70%. And the median was -1.00%.

Total Assets is connected with ROA %. Western Pacific Trust Co's annualized ROA % for the quarter that ended in Dec. 2023 was 8.48%. Total Assets is also linked to Revenue through Asset Turnover. Western Pacific Trust Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Western Pacific Trust Co Total Assets Historical Data

The historical data trend for Western Pacific Trust Co'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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Western Pacific Trust Co Total Assets Chart

Western Pacific Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1.47

1.53

2.61

3.78

3.91

Western Pacific Trust Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															3.78	3.98	3.94	3.93	3.91

Western Pacific Trust Co 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.

Western Pacific Trust Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2.78	+	1.125
	=	3.91

Western Pacific Trust Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.78	+	1.125
	=	3.91

Western Pacific Trust Co (TSXV:WP) Total Assets Explanation

Total Assets is connected with ROA %.

Western Pacific Trust Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.332	/	( (3.927	+	3.905)	/ 2 )
	=	0.332	/	3.916
	=	8.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Western Pacific Trust Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.458	/	( (3.927	+	3.905)	/ 2 )
=	0.458	/	3.916
=	0.12

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.

Western Pacific Trust Co Total Assets Related Terms

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Western Pacific Trust Co (TSXV:WP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Pacific Trust Co (TSXV:WP) » Definitions » Total Assets

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Address

920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2

Website

https://www.westernpacifictrust.com

Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.