Webco Industries (Webco Industries) Total Assets : $483.7 Mil (As of Jul. 2023)

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What is Webco Industries Total Assets?

Webco Industries's Total Assets for the quarter that ended in Jul. 2023 was $483.7 Mil.

During the past 12 months, Webco Industries's average Total Assets Growth Rate was 27.40% per year. During the past 3 years, the average Total Assets Growth Rate was 21.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.80% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 13 years, Webco Industries's highest 3-Year average Total Assets Growth Rate was 33.50%. The lowest was -6.30%. And the median was 12.60%.

Total Assets is connected with ROA %. Webco Industries's annualized ROA % for the quarter that ended in Jul. 2023 was 6.25%. Total Assets is also linked to Revenue through Asset Turnover. Webco Industries's Asset Turnover for the quarter that ended in Jul. 2023 was 1.61.

Webco Industries Total Assets Historical Data

The historical data trend for Webco Industries'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.

* Premium members only.

Webco Industries Total Assets Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Total Assets

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289.17

263.16

292.16

369.49

483.68

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Total Assets	Get a 7-Day Free Trial															289.17	263.16	292.16	369.49	483.68

Webco Industries 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.

Webco Industries's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	302.477	+	181.199
	=	483.7

Webco Industries's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2023 )	+	Total Liabilities (Q: Jul. 2023 )
	=	302.477	+	181.199
	=	483.7

Webco Industries (OTCPK:WEBC) Total Assets Explanation

Total Assets is connected with ROA %.

Webco Industries's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %	=	Net Income (Q: Jul. 2023 )	/	( (Total Assets (Q: Jul. 2018 )	+	Total Assets (Q: Jul. 2023 ))	/ count )
	=	26.644	/	( (369.488	+	483.676)	/ 2 )
	=	26.644	/	426.582
	=	6.25 %

Note: The Net Income data used here is one times the annual (Jul. 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.

Webco Industries's Asset Turnover for the quarter that ended in Jul. 2023 is

	Asset Turnover
=	Revenue (Q: Jul. 2023 )	/	( (Total Assets (Q: Jul. 2018 )	+	Total Assets (Q: Jul. 2023 ))	/ count )
=	686.916	/	( (369.488	+	483.676)	/ 2 )
=	686.916	/	426.582
=	1.61

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.

Webco Industries Total Assets Related Terms

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Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub