Canfor Pulp Products Balance Sheet Health
Financial Health criteria checks 3/6
Canfor Pulp Products has a total shareholder equity of CA$173.4M and total debt of CA$98.0M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are CA$470.6M and CA$297.2M respectively.
Key information
56.5%
Debt to equity ratio
CA$98.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$29.80m |
| Equity | CA$173.40m |
| Total liabilities | CA$297.20m |
| Total assets | CA$470.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8CP's short term assets (CA$227.2M) do not cover its short term liabilities (CA$248.5M).
Long Term Liabilities: 8CP's short term assets (CA$227.2M) exceed its long term liabilities (CA$48.7M).
Debt to Equity History and Analysis
Debt Level: 8CP's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 8CP's debt to equity ratio has increased from 8.6% to 56.5% over the past 5 years.
Debt Coverage: 8CP's debt is well covered by operating cash flow (86.4%).
Interest Coverage: Insufficient data to determine if 8CP's interest payments on its debt are well covered by EBIT.