Western Sierra Resource (Western Sierra Resource) Total Assets : $21.14 Mil (As of Sep. 2008)

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What is Western Sierra Resource Total Assets?

Western Sierra Resource's Total Assets for the quarter that ended in Sep. 2008 was $21.14 Mil.

Total Assets is connected with ROA %. Western Sierra Resource's annualized ROA % for the quarter that ended in Sep. 2008 was -2.31%. Total Assets is also linked to Revenue through Asset Turnover. Western Sierra Resource's Asset Turnover for the quarter that ended in Sep. 2008 was 0.00.

Western Sierra Resource Total Assets Historical Data

The historical data trend for Western Sierra Resource'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 Sierra Resource Total Assets Chart

Western Sierra Resource Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Total Assets

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0.66

0.88

2.47

2.45

2.74

Western Sierra Resource Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Total Assets	Get a 7-Day Free Trial															2.72	2.74	2.57	21.11	21.14

Western Sierra Resource 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 Sierra Resource's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets	=	Total Equity (A: Dec. 2007 )	+	Total Liabilities (A: Dec. 2007 )
	=	1.827	+	0.914
	=	2.74

Western Sierra Resource's Total Assets for the quarter that ended in Sep. 2008 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2008 )	+	Total Liabilities (Q: Sep. 2008 )
	=	20.002	+	1.133
	=	21.14

Western Sierra Resource (OTCPK:WSRC) Total Assets Explanation

Total Assets is connected with ROA %.

Western Sierra Resource's annualized ROA % for the quarter that ended in Sep. 2008 is

ROA %	=	Net Income (Q: Sep. 2008 )	/	( (Total Assets (Q: Jun. 2008 )	+	Total Assets (Q: Sep. 2008 ))	/ count )
	=	-0.488	/	( (21.108	+	21.135)	/ 2 )
	=	-0.488	/	21.1215
	=	-2.31 %

Note: The Net Income data used here is four times the quarterly (Sep. 2008) 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 Sierra Resource's Asset Turnover for the quarter that ended in Sep. 2008 is

	Asset Turnover
=	Revenue (Q: Sep. 2008 )	/	( (Total Assets (Q: Jun. 2008 )	+	Total Assets (Q: Sep. 2008 ))	/ count )
=	0.008	/	( (21.108	+	21.135)	/ 2 )
=	0.008	/	21.1215
=	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.

Western Sierra Resource Total Assets Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Western Sierra Resource Corp (OTCPK:WSRC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602

Website

https://www.westernsierraresource.com

Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.