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Conifex Timber (STU:5CA) Debt-to-Equity : 0.80 (As of Sep. 2024)


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What is Conifex Timber Debt-to-Equity?

Conifex Timber's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €5.17 Mil. Conifex Timber's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €46.42 Mil. Conifex Timber's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €64.77 Mil. Conifex Timber's debt to equity for the quarter that ended in Sep. 2024 was 0.80.

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 Conifex Timber's Debt-to-Equity or its related term are showing as below:

STU:5CA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 0.74   Max: 2.06
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Conifex Timber was 2.06. The lowest was 0.39. And the median was 0.74.

STU:5CA's Debt-to-Equity is ranked worse than
64.23% of 260 companies
in the Forest Products industry
Industry Median: 0.485 vs STU:5CA: 0.73

Conifex Timber Debt-to-Equity Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Debt-to-Equity Chart

Conifex Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 0.55 0.46 0.43 0.55

Conifex Timber Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.55 0.56 0.73 0.80

Competitive Comparison of Conifex Timber's Debt-to-Equity

For the Lumber & Wood Production subindustry, Conifex Timber'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.


Conifex Timber's Debt-to-Equity Distribution in the Forest Products Industry

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

* The bar in red indicates where Conifex Timber's Debt-to-Equity falls into.



Conifex Timber Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Conifex Timber's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Conifex Timber  (STU:5CA) 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.


Conifex Timber Debt-to-Equity Related Terms

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Conifex Timber Business Description

Traded in Other Exchanges
Address
980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Conifex Timber Headlines

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