Canfor Historical Balance Sheet
CFX Stock | CAD 0.67 0.01 1.47% |
Trend analysis of Canfor Pulp Products balance sheet accounts such as Other Current Liab of 38 M, Total Current Liabilities of 130.7 M or Total Stockholder Equity of 167.2 M provides information on Canfor Pulp's total assets, liabilities, and equity, which is the actual value of Canfor Pulp Products to its prevalent stockholders. By breaking down trends over time using Canfor Pulp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Canfor Pulp Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canfor Pulp Products is a good buy for the upcoming year.
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About Canfor Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Canfor Pulp Products at a specified time, usually calculated after every quarter, six months, or one year. Canfor Pulp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canfor Pulp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canfor currently owns. An asset can also be divided into two categories, current and non-current.
Canfor Pulp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Canfor Pulp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canfor Pulp Products books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Canfor Pulp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canfor Pulp Products are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Canfor Pulp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canfor Pulp Products current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canfor Pulp Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Canfor Pulp's Other Liabilities is very stable compared to the past year. As of the 22nd of July 2025, Net Debt is likely to grow to about 86.8 M, while Total Current Liabilities is likely to drop about 130.7 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 39.6M | 32M | 36.8M | 38.0M | Total Assets | 756M | 739.9M | 452.9M | 703.9M |
Canfor Pulp balance sheet Correlations
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Canfor Pulp Account Relationship Matchups
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Canfor Pulp balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Other Current Liab | 38.7M | 43.6M | 39.6M | 32M | 36.8M | 38.0M | |
Total Current Liabilities | 162.6M | 150.9M | 166M | 267.5M | 228.2M | 130.7M | |
Total Stockholder Equity | 532.5M | 495M | 427.4M | 337.1M | 176M | 167.2M | |
Retained Earnings | 51.7M | 14.2M | (53.4M) | (143.7M) | (304.8M) | (289.6M) | |
Accounts Payable | 122.9M | 103.4M | 110.5M | 127.7M | 98.1M | 94.0M | |
Non Current Assets Total | 603M | 469.6M | 441.6M | 424.3M | 236.8M | 470.1M | |
Net Receivables | 103.9M | 76.2M | 89.9M | 54.3M | 30.1M | 28.6M | |
Total Liab | 388.3M | 346.7M | 328.6M | 402.8M | 276.9M | 275.2M | |
Total Current Assets | 317.8M | 372.1M | 314.4M | 251.5M | 216.1M | 230.1M | |
Non Current Liabilities Total | 225.7M | 195.8M | 162.6M | 135.3M | 48.7M | 46.3M | |
Net Tangible Assets | 532.4M | 512M | 478.4M | 414.2M | 476.3M | 411.9M | |
Net Debt | 45.7M | (20.4M) | 53.1M | 88.1M | 82.7M | 86.8M | |
Cash | 6.8M | 73.3M | 14.7M | 21.1M | 15.3M | 25.1M | |
Cash And Short Term Investments | 6.8M | 73.3M | 14.7M | 21.1M | 15.3M | 25.1M | |
Other Current Assets | 18.6M | 10.8M | 26.6M | 10.2M | 7.6M | 12.9M | |
Short Term Debt | 1M | 800K | 15.9M | 107.8M | 98M | 102.9M | |
Short Long Term Debt Total | 52.5M | 52.9M | 67.8M | 109.2M | 125.6M | 73.8M | |
Property Plant And Equipment Net | 576M | 450.3M | 420M | 409.9M | 186.4M | 177.1M | |
Non Currrent Assets Other | 6.5M | 2.7M | 8.4M | 6.8M | 5.7M | 4.7M | |
Inventory | 188.5M | 211.8M | 183.2M | 165.9M | 155.5M | 186.8M | |
Property Plant And Equipment Gross | 576M | 1.9B | 2.0B | 2.0B | 1.9B | 1.1B | |
Other Assets | 6.5M | 2.7M | 8.4M | 64.1M | 45.9M | 48.2M | |
Property Plant Equipment | 576M | 450.3M | 420M | 409.9M | 186.4M | 177.1M | |
Long Term Debt Total | 51.9M | 51.5M | 52.1M | 1.4M | 1.2M | 1.1M | |
Cash And Equivalents | 6.8M | 73.3M | 14.7M | 21.1M | 15.3M | 24.2M | |
Intangible Assets | 20.5M | 16.6M | 13.2M | 7.6M | 4.5M | 4.3M | |
Net Invested Capital | 582.5M | 545M | 492.4M | 444.1M | 274M | 412.8M | |
Net Working Capital | 155.2M | 221.2M | 148.4M | (16M) | (12.1M) | (11.5M) |
Pair Trading with Canfor Pulp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canfor Pulp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canfor Pulp will appreciate offsetting losses from the drop in the long position's value.Moving against Canfor Stock
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The ability to find closely correlated positions to Canfor Pulp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canfor Pulp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canfor Pulp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canfor Pulp Products to buy it.
The correlation of Canfor Pulp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canfor Pulp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor Pulp Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canfor Pulp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Canfor Stock
Balance Sheet is a snapshot of the financial position of Canfor Pulp Products at a specified time, usually calculated after every quarter, six months, or one year. Canfor Pulp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canfor Pulp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canfor currently owns. An asset can also be divided into two categories, current and non-current.