GreenFirst Forest Products Balance Sheet Health
Financial Health criteria checks 3/6
GreenFirst Forest Products has a total shareholder equity of CA$167.7M and total debt of CA$48.4M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CA$302.8M and CA$135.1M respectively.
Key information
28.9%
Debt to equity ratio
CA$48.39m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.49m |
Equity | CA$167.71m |
Total liabilities | CA$135.13m |
Total assets | CA$302.84m |
Recent financial health updates
Is GreenFirst Forest Products (TSE:GFP) Using Too Much Debt?
Jun 17GreenFirst Forest Products (TSE:GFP) Is Carrying A Fair Bit Of Debt
Mar 18Recent updates
GreenFirst Forest Products Inc. (TSE:GFP) Might Not Be As Mispriced As It Looks After Plunging 32%
May 21GreenFirst Forest Products Inc.'s (TSE:GFP) Shares Not Telling The Full Story
Feb 12Is GreenFirst Forest Products (TSE:GFP) Using Too Much Debt?
Jun 17Robust Earnings May Not Tell The Whole Story For GreenFirst Forest Products (TSE:GFP)
May 19GreenFirst Forest Products (TSE:GFP) Is Carrying A Fair Bit Of Debt
Mar 18Financial Position Analysis
Short Term Liabilities: GFP's short term assets (CA$140.2M) exceed its short term liabilities (CA$68.4M).
Long Term Liabilities: GFP's short term assets (CA$140.2M) exceed its long term liabilities (CA$66.7M).
Debt to Equity History and Analysis
Debt Level: GFP's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: GFP's debt to equity ratio has increased from 0% to 28.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GFP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GFP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.2% each year