Western Forest Products (TSX:WEF) Total Assets : C$925.7 Mil (As of Mar. 2024)

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What is Western Forest Products Total Assets?

Western Forest Products's Total Assets for the quarter that ended in Mar. 2024 was C$925.7 Mil.

During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.10% per year.

During the past 13 years, Western Forest Products's highest 3-Year average Total Assets Growth Rate was 10.00%. The lowest was -12.80%. And the median was 3.30%.

Total Assets is connected with ROA %. Western Forest Products's annualized ROA % for the quarter that ended in Mar. 2024 was -3.35%. Total Assets is also linked to Revenue through Asset Turnover. Western Forest Products's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Western Forest Products Total Assets Historical Data

The historical data trend for Western Forest Products'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 Forest Products Total Assets Chart

Western Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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782.50

852.20

959.00

932.80

915.40

Western Forest Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															925.10	911.80	893.50	915.40	925.70

Western Forest Products 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 Forest Products'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 )
	=	567.9	+	347.5
	=	915.4

Western Forest Products's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	590.4	+	335.3
	=	925.7

Western Forest Products (TSX:WEF) Total Assets Explanation

Total Assets is connected with ROA %.

Western Forest Products's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-30.8	/	( (915.4	+	925.7)	/ 2 )
	=	-30.8	/	920.55
	=	-3.35 %

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

Western Forest Products's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	239.5	/	( (915.4	+	925.7)	/ 2 )
=	239.5	/	920.55
=	0.26

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 Forest Products Total Assets Related Terms

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Western Forest Products (TSX:WEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Western Forest Products Inc (TSX:WEF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WFSTF:USA NWF:Germany

Address

1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3

Website

https://www.westernforest.com

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.

Executives

Glen Douglas Nontell

Senior Officer

Western Forest Products (TSX:WEF) Headlines

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