West Fraser Timber Co.Ltd (TSX:WFG) Debt-to-Equity

: 0.07 (As of Dec. 2023)

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West Fraser Timber Co.Ltd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$420 Mil. West Fraser Timber Co.Ltd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$302 Mil. West Fraser Timber Co.Ltd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$9,690 Mil. West Fraser Timber Co.Ltd's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Debt-to-Equity or its related term are showing as below:

TSX:WFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.22 Max: 0.42
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of West Fraser Timber Co.Ltd was 0.42. The lowest was 0.07. And the median was 0.22.

TSX:WFG's Debt-to-Equity is ranked better than
89.06% of 265 companies
in the Forest Products industry
Industry Median: 0.5 vs TSX:WFG: 0.07

West Fraser Timber Co.Ltd Debt-to-Equity Historical Data

The historical data trend for West Fraser Timber Co.Ltd's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

West Fraser Timber Co.Ltd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.21

0.07

West Fraser Timber Co.Ltd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.07

Competitive Comparison

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

West Fraser Timber Co.Ltd Debt-to-Equity Distribution

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Debt-to-Equity falls into.

West Fraser Timber Co.Ltd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

West Fraser Timber Co.Ltd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(419.921	+	301.86)	/	9690.377
	=	0.07

West Fraser Timber Co.Ltd's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(419.921	+	301.86)	/	9690.377
	=	0.07

West Fraser Timber Co.Ltd (TSX:WFG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

West Fraser Timber Co.Ltd Debt-to-Equity Related Terms

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West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Fraser Timber Co.Ltd (TSX:WFG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WFG:USA WFC:Germany WFC:Germany

Address

c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1

Website

https://www.westfraser.com

West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.