Canfor Balance Sheet Health
Financial Health criteria checks 4/6
Canfor has a total shareholder equity of CA$3.6B and total debt of CA$578.1M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CA$5.7B and CA$2.1B respectively.
Key information
16.0%
Debt to equity ratio
CA$578.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$525.80m |
| Equity | CA$3.62b |
| Total liabilities | CA$2.11b |
| Total assets | CA$5.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFPZ.F's short term assets (CA$2.1B) exceed its short term liabilities (CA$972.9M).
Long Term Liabilities: CFPZ.F's short term assets (CA$2.1B) exceed its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: CFPZ.F's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: CFPZ.F's debt to equity ratio has reduced from 53.9% to 16% over the past 5 years.
Debt Coverage: CFPZ.F's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: Insufficient data to determine if CFPZ.F's interest payments on its debt are well covered by EBIT.