GreenFirst Forest Products Balance Sheet Health
Financial Health criteria checks 3/6
GreenFirst Forest Products has a total shareholder equity of CA$165.9M and total debt of CA$39.9M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CA$307.3M and CA$141.4M respectively.
Key information
24.0%
Debt to equity ratio
CA$39.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$407.00k |
| Equity | CA$165.86m |
| Total liabilities | CA$141.44m |
| Total assets | CA$307.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GFP's short term assets (CA$147.3M) exceed its short term liabilities (CA$119.4M).
Long Term Liabilities: GFP's short term assets (CA$147.3M) exceed its long term liabilities (CA$22.1M).
Debt to Equity History and Analysis
Debt Level: GFP's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: GFP's debt to equity ratio has increased from 0% to 24% 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 41.6% each year