Interfor Balance Sheet Health

Financial Health criteria checks 1/6

Interfor has a total shareholder equity of CA$1.5B and total debt of CA$882.0M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are CA$3.0B and CA$1.5B respectively.

Key information

58.6%

Debt to equity ratio

CA$882.00m

Debt

Interest coverage ratio	n/a
Cash	CA$32.10m
Equity	CA$1.51b
Total liabilities	CA$1.54b
Total assets	CA$3.05b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IFSP.F's short term assets (CA$508.2M) exceed its short term liabilities (CA$300.5M).

Long Term Liabilities: IFSP.F's short term assets (CA$508.2M) do not cover its long term liabilities (CA$1.2B).

Debt to Equity History and Analysis

Debt Level: IFSP.F's net debt to equity ratio (56.4%) is considered high.

Reducing Debt: IFSP.F's debt to equity ratio has increased from 30.1% to 58.6% over the past 5 years.

Debt Coverage: IFSP.F's debt is not well covered by operating cash flow (4.9%).

Interest Coverage: Insufficient data to determine if IFSP.F's interest payments on its debt are well covered by EBIT.

Interfor Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Recent updates

Les Chantiers Chibougamau Ltée agreed to acquire Three Manufacturing Facilities in Quebec from Interfor Corporation (TSX:IFP) for CAD 30 million.

Interfor to Exit Québec Operations

Interfor Corporation to Report Q3, 2024 Results on Nov 06, 2024

Interfor Corporation Announces Indefinite Curtailment of Lumber Manufacturing Facilities in Georgia and South Carolina

Interfor Corporation to Report Q2, 2024 Results on Aug 08, 2024

Interfor Corporation to Report Q1, 2024 Results on May 09, 2024

Interfor Corporation Appoints Christina Sistrunk as Independent Director

Interfor Corporation, Annual General Meeting, May 09, 2024

Interfor Corporation to Report Q4, 2023 Results on Feb 08, 2024

Interfor Corporation Appoints Geoffrey Evans as Independent Director

Interfor Corporation to Report Q3, 2023 Results on Nov 02, 2023

Interfor Corporation to Report Q2, 2023 Results on Aug 03, 2023

Interfor Corporation Appoints Nicolle Butcher to its Board of Directors

Interfor Corporation, Annual General Meeting, May 04, 2023

Interfor Announces Temporary Production Curtailments in First Quarter of 2023

Interfor Corporation to Report Q4, 2022 Results on Feb 09, 2023

Interfor Corporation announced that it expects to receive $200 million in funding

Interfor Corporation Announces Temporary Production Curtailments in Fourth Quarter of 2022

Interfor Corporation to Report Q3, 2022 Results on Nov 03, 2022

Interfor Corporation (TSX:IFP) entered into an agreement to acquire Chaleur Forest Products from Kilmer Van Nostrand Co. Limited for approximately CAD 330 million.

Interfor Corporation Appoints Tom Temple of Kingston, Washington as Director

Interfor Corporation (TSX:IFP) announces an Equity Buyback for CAD 100 million worth of its shares.

Interfor Corporation to Report Q2, 2022 Results on Aug 04, 2022

San Industries Ltd. entered into an agreement to acquire Acorn Specialty Sawmill from Interfor Corporation (TSX:IFP).

Interfor Corporation to Report Q1, 2022 Results on May 11, 2022

Interfor Corporation (TSX:IFP) completed the acquisition of Eacom Timber Corporation from Kelso & Company, L.P.

Interfor Corporation, Annual General Meeting, May 11, 2022

Interfor Corporation (TSX:IFP) entered into an agreement to acquire Eacom Timber Corporation from Kelso & Company, L.P. for CAD 490 million.

Interfor Corporation (TSX:IFP) entered into an agreement to acquire Sawmill Operations located in United States from Georgia-Pacific Wood Products LLC and GP Wood Products LLC for approximately $380 million.

Interfor Corporation Declares One-Time Special Cash Dividend, Payable on or Before June 28, 2021

Interfor Corporation (TSX:IFP) completed the acquisition of South Carolina Sawmill from WestRock Company (NYSE:WRK).

Interfor Corporation, Annual General Meeting, May 06, 2021

Interfor Corporation (TSX:IFP) signed a definitive agreement to acquire South Carolina Sawmill from WestRock Company (NYSE:WRK) for $59 million.

Interfor Corporation to Report Q4, 2020 Results on Feb 04, 2021

Interfor Corporation to Report Q3, 2020 Results on Nov 05, 2020

Interfor Corporation to Report Q2, 2020 Results on Aug 06, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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