WestAmerica(OTC) WACC

WestAmerica Corporation is an energy company primarily focused on oil and gas exploration and production. The firm has historically operated in Oklahoma and Texas, although it currently conducts no significant business operations. The corporate headquarters are located in Orlando, Florida.

Products and Services

• Previously engaged in oil and gas exploration
• Focused operations in Oklahoma and Texas
• Corporate management and administrative services

Growth Outlook

• Potential for re-engagement in oil and gas markets
• Strategic location in resource-rich regions
• Possibility of leveraging existing assets for future ventures

Financial Highlights

• Recent quarterly revenue of $400,000, showing operational activity
• Trailing twelve months (TTM) gross profit margin of 60%
• Current ratio of 1.22 indicates adequate short-term financial health

WestAmerica Corporation has a unique position in the energy sector, with a history of operations in oil and gas exploration. Although the company is not currently active, its past experience and strategic location in resource-rich areas present opportunities for future growth. The recent quarterly revenue indicates that the company is still capable of generating income, while the gross profit margin reflects operational efficiency. The current ratio suggests that the company maintains a healthy balance between its current assets and liabilities, which is crucial for potential investors considering the company's future prospects.