Canfor Historical Balance Sheet

CFP Stock

CAD 17.73 0.20 1.12%

Trend analysis of Canfor balance sheet accounts such as Short Long Term Debt Total of 454 M, Other Current Liabilities of 177.2 M or Total Current Liabilities of 649.1 M provides information on Canfor's total assets, liabilities, and equity, which is the actual value of Canfor to its prevalent stockholders. By breaking down trends over time using Canfor 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Canfor 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 is a good buy for the upcoming year.

Canfor Inventory

603.69 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canfor. 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.

About Canfor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Canfor at a specified time, usually calculated after every quarter, six months, or one year. Canfor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canfor 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 Balance Sheet Chart

At this time, Canfor's Cash And Short Term Investments are very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 122.7 M, while Total Assets are likely to drop about 3.6 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Retained Earnings Non Currrent Assets Other

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Total Assets

Total assets refers to the total amount of Canfor 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 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 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 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most accounts from Canfor's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canfor 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. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	335.8M	392.4M	399.3M	454.0M
Total Assets	6.2B	6.7B	6.1B	3.6B

Short Long Term Debt Total Total Assets

Canfor balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Short Term Investments	Good Will
Total Assets		0.21	0.54	0.91	0.83	0.94	-0.58	0.81	0.96	0.82	0.95	0.54	0.82	0.95	0.12	0.63	0.99	0.5	-0.78	0.81	0.75	0.96	0.07	-0.13	0.46	0.86
Short Long Term Debt Total	0.21		0.23	0.46	-0.05	0.36	0.57	-0.02	0.25	-0.16	0.34	0.04	-0.14	0.38	-0.18	0.77	0.2	0.08	-0.19	0.68	-0.05	0.07	0.65	0.46	-0.04	0.4
Other Current Liab	0.54	0.23		0.52	0.34	0.56	-0.15	0.24	0.41	0.3	0.59	-0.15	0.3	0.47	0.64	0.65	0.55	0.12	-0.79	0.64	0.23	0.44	-0.12	0.49	0.69	0.46
Total Current Liabilities	0.91	0.46	0.52		0.7	0.87	-0.37	0.69	0.89	0.7	0.87	0.46	0.7	0.95	0.08	0.73	0.9	0.5	-0.76	0.91	0.67	0.86	0.36	-0.05	0.41	0.87
Total Stockholder Equity	0.83	-0.05	0.34	0.7		0.8	-0.75	0.99	0.82	0.87	0.76	0.73	0.87	0.78	0.04	0.38	0.8	0.78	-0.74	0.55	0.97	0.83	-0.06	-0.43	0.52	0.87
Property Plant And Equipment Net	0.94	0.36	0.56	0.87	0.8		-0.36	0.77	0.89	0.62	0.99	0.48	0.63	0.92	0.19	0.72	0.9	0.64	-0.84	0.84	0.74	0.81	0.21	-0.01	0.59	0.88
Net Debt	-0.58	0.57	-0.15	-0.37	-0.75	-0.36		-0.74	-0.56	-0.9	-0.37	-0.57	-0.89	-0.45	-0.01	0.1	-0.6	-0.34	0.37	-0.11	-0.71	-0.74	0.47	0.6	-0.22	-0.44
Retained Earnings	0.81	-0.02	0.24	0.69	0.99	0.77	-0.74		0.83	0.88	0.72	0.82	0.88	0.78	-0.11	0.35	0.78	0.78	-0.66	0.53	0.98	0.82	-0.03	-0.49	0.39	0.88
Accounts Payable	0.96	0.25	0.41	0.89	0.82	0.89	-0.56	0.83		0.81	0.9	0.66	0.82	0.96	-0.07	0.65	0.94	0.53	-0.67	0.81	0.75	0.93	0.02	-0.15	0.32	0.91
Cash	0.82	-0.16	0.3	0.7	0.87	0.62	-0.9	0.88	0.81		0.63	0.7	1.0	0.75	-0.07	0.29	0.83	0.45	-0.55	0.5	0.82	0.93	-0.19	-0.47	0.24	0.74
Non Current Assets Total	0.95	0.34	0.59	0.87	0.76	0.99	-0.37	0.72	0.9	0.63		0.43	0.63	0.92	0.22	0.72	0.92	0.55	-0.83	0.85	0.67	0.83	0.18	0.03	0.57	0.84
Non Currrent Assets Other	0.54	0.04	-0.15	0.46	0.73	0.48	-0.57	0.82	0.66	0.7	0.43		0.71	0.59	-0.59	0.18	0.49	0.55	-0.22	0.32	0.76	0.6	0.02	-0.58	-0.14	0.7
Cash And Short Term Investments	0.82	-0.14	0.3	0.7	0.87	0.63	-0.89	0.88	0.82	1.0	0.63	0.71		0.75	-0.08	0.3	0.83	0.45	-0.55	0.51	0.82	0.93	-0.21	-0.47	0.24	0.75
Net Receivables	0.95	0.38	0.47	0.95	0.78	0.92	-0.45	0.78	0.96	0.75	0.92	0.59	0.75		-0.03	0.69	0.93	0.53	-0.72	0.87	0.74	0.9	0.23	-0.09	0.35	0.91
Common Stock Shares Outstanding	0.12	-0.18	0.64	0.08	0.04	0.19	-0.01	-0.11	-0.07	-0.07	0.22	-0.59	-0.08	-0.03		0.14	0.13	0.03	-0.57	0.13	-0.04	0.01	-0.11	0.35	0.82	-0.07
Non Current Liabilities Total	0.63	0.77	0.65	0.73	0.38	0.72	0.1	0.35	0.65	0.29	0.72	0.18	0.3	0.69	0.14		0.63	0.27	-0.64	0.94	0.28	0.5	0.22	0.47	0.39	0.74
Inventory	0.99	0.2	0.55	0.9	0.8	0.9	-0.6	0.78	0.94	0.83	0.92	0.49	0.83	0.93	0.13	0.63		0.44	-0.75	0.81	0.7	0.97	0.03	-0.13	0.44	0.83
Other Current Assets	0.5	0.08	0.12	0.5	0.78	0.64	-0.34	0.78	0.53	0.45	0.55	0.55	0.45	0.53	0.03	0.27	0.44		-0.63	0.39	0.85	0.42	0.23	-0.37	0.56	0.71
Other Stockholder Equity	-0.78	-0.19	-0.79	-0.76	-0.74	-0.84	0.37	-0.66	-0.67	-0.55	-0.83	-0.22	-0.55	-0.72	-0.57	-0.64	-0.75	-0.63		-0.74	-0.69	-0.66	-0.1	-0.07	-0.87	-0.76
Total Liab	0.81	0.68	0.64	0.91	0.55	0.84	-0.11	0.53	0.81	0.5	0.85	0.32	0.51	0.87	0.13	0.94	0.81	0.39	-0.74		0.48	0.71	0.3	0.26	0.42	0.85
Property Plant And Equipment Gross	0.75	-0.05	0.23	0.67	0.97	0.74	-0.71	0.98	0.75	0.82	0.67	0.76	0.82	0.74	-0.04	0.28	0.7	0.85	-0.69	0.48		0.75	0.05	-0.53	0.46	0.84
Total Current Assets	0.96	0.07	0.44	0.86	0.83	0.81	-0.74	0.82	0.93	0.93	0.83	0.6	0.93	0.9	0.01	0.5	0.97	0.42	-0.66	0.71	0.75		-0.04	-0.28	0.32	0.81
Short Term Debt	0.07	0.65	-0.12	0.36	-0.06	0.21	0.47	-0.03	0.02	-0.19	0.18	0.02	-0.21	0.23	-0.11	0.22	0.03	0.23	-0.1	0.3	0.05	-0.04		0.02	-0.02	0.15
Current Deferred Revenue	-0.13	0.46	0.49	-0.05	-0.43	-0.01	0.6	-0.49	-0.15	-0.47	0.03	-0.58	-0.47	-0.09	0.35	0.47	-0.13	-0.37	-0.07	0.26	-0.53	-0.28	0.02		0.15	-0.12
Short Term Investments	0.46	-0.04	0.69	0.41	0.52	0.59	-0.22	0.39	0.32	0.24	0.57	-0.14	0.24	0.35	0.82	0.39	0.44	0.56	-0.87	0.42	0.46	0.32	-0.02	0.15		0.42
Good Will	0.86	0.4	0.46	0.87	0.87	0.88	-0.44	0.88	0.91	0.74	0.84	0.7	0.75	0.91	-0.07	0.74	0.83	0.71	-0.76	0.85	0.84	0.81	0.15	-0.12	0.42

Click cells to compare fundamentals

Canfor Account Relationship Matchups

Canfor balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	5.1B	6.2B	6.7B	6.1B	3.6B
Short Long Term Debt Total	1.1B	773.7M	335.8M	392.4M	399.3M	454.0M
Other Current Liab	181.5M	253.3M	228.7M	213.4M	174.5M	177.2M
Total Current Liabilities	967.5M	848.4M	1.1B	883.6M	905.2M	649.1M
Total Stockholder Equity	1.6B	2.2B	3.5B	4.2B	3.8B	4.0B
Property Plant And Equipment Net	2.0B	2.1B	1.9B	2.3B	2.6B	1.7B
Net Debt	1.1B	354.5M	(1.0B)	(876.3M)	(228.1M)	(216.7M)
Retained Earnings	674.3M	1.2B	2.6B	3.3B	3.0B	3.2B
Accounts Payable	364.2M	505.9M	559.8M	525.7M	540.5M	327.0M
Cash	60.1M	419.2M	1.4B	1.3B	627.4M	658.8M
Non Current Assets Total	3.1B	3.3B	3.0B	3.7B	3.9B	2.3B
Non Currrent Assets Other	90.1M	259.9M	261.4M	431.8M	354.5M	372.2M
Cash And Short Term Investments	60.1M	419.2M	1.4B	1.3B	627.4M	658.8M
Net Receivables	413.5M	432.7M	514.5M	477.5M	512.8M	287.0M
Liabilities And Stockholders Equity	4.5B	5.1B	6.2B	6.7B	6.1B	3.6B
Non Current Liabilities Total	1.5B	1.6B	1.1B	1.1B	948.8M	1.0B
Inventory	803.9M	867.5M	1.2B	1.2B	994.8M	603.7M
Other Current Assets	133M	101.4M	120.3M	138M	337.6M	354.5M
Other Stockholder Equity	(82.8M)	(127.4M)	(130.9M)	(157.7M)	(169.8M)	(161.3M)
Total Liab	2.5B	2.5B	2.2B	2.0B	1.9B	1.7B
Property Plant And Equipment Gross	2.0B	2.1B	5.3B	6.2B	6.6B	7.0B
Total Current Assets	1.4B	1.8B	3.2B	3.1B	2.3B	1.3B
Accumulated Other Comprehensive Income	65.9M	119.7M	45.9M	82.6M	45.5M	50.5M
Short Term Debt	416.3M	50.3M	41.1M	99.3M	186M	98.9M
Good Will	393.3M	499.5M	477M	498.5M	493.9M	518.6M
Intangible Assets	499.7M	475.3M	351M	391.4M	372.2M	375.2M
Other Liab	758M	903.3M	788.5M	799.7M	919.7M	730.1M
Net Tangible Assets	752.3M	1.2B	2.7B	3.3B	3.8B	4.0B
Other Assets	91M	267.4M	266.8M	59.9M	68.9M	113.4M
Long Term Debt	681.7M	662.9M	245.5M	213.6M	115.1M	109.3M
Long Term Investments	89.5M	18M	37.5M	33.4M	90.8M	49.6M
Short Long Term Debt	395M	26.2M	19.2M	73.1M	155.4M	133.5M
Property Plant Equipment	2.0B	2.1B	1.9B	2.3B	2.7B	1.8B
Long Term Debt Total	732.6M	723.4M	294.7M	293.1M	263.8M	374.1M
Capital Surpluse	(82.8M)	(172M)	(134.4M)	(184.5M)	(166.1M)	(157.7M)

Pair Trading with Canfor

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canfor Stock

0.68	AG	First Majestic Silver	Pair Corr
0.73	IE	Ivanhoe Energy	Pair Corr
0.81	FDY	Faraday Copper Corp	Pair Corr

Moving against Canfor Stock

0.67	INFM	Infinico Metals Corp	Pair Corr
0.41	PFE	Pfizer Inc CDR	Pair Corr

The ability to find closely correlated positions to Canfor 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 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 - 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 to buy it.

The correlation of Canfor 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor 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 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.

Pair Correlation Correlation Matching

Other Information on Investing in Canfor Stock

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Canfor Historical Balance Sheet

Canfor Inventory

603.69 Million

About Canfor Balance Sheet Analysis

Canfor Balance Sheet Chart

Total Assets

Total Current Liabilities

Retained Earnings

Non Currrent Assets Other

Canfor balance sheet Correlations

Canfor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canfor balance sheet Accounts

Pair Trading with Canfor

Moving together with Canfor Stock

Moving against Canfor Stock

Other Information on Investing in Canfor Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.98	Retained Earnings
Property Plant And Equipment Gross	+ 0.97	Total Stockholder Equity

Cash	- 0.9	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Short Term Investments	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Property Plant And Equipment Net
Other Stockholder Equity	- 0.83	Non Current Assets Total
Other Stockholder Equity	- 0.79	Other Current Liab