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GreenFirst Forest Products (TSX:GFP) Debt-to-Revenue : 0.13 (As of Mar. 2024)


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What is GreenFirst Forest Products Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

GreenFirst Forest Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.9 Mil. GreenFirst Forest Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$48.6 Mil. GreenFirst Forest Products's annualized Revenue for the quarter that ended in Mar. 2024 was C$372.3 Mil. GreenFirst Forest Products's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.


GreenFirst Forest Products Debt-to-Revenue Historical Data

The historical data trend for GreenFirst Forest Products's Debt-to-Revenue 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.

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GreenFirst Forest Products Debt-to-Revenue Chart

GreenFirst Forest Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A 0.98 0.13 0.07

GreenFirst Forest Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.09 0.06 0.05 0.06 0.13

Competitive Comparison of GreenFirst Forest Products's Debt-to-Revenue

For the Lumber & Wood Production subindustry, GreenFirst Forest Products's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


GreenFirst Forest Products's Debt-to-Revenue Distribution in the Forest Products Industry

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

* The bar in red indicates where GreenFirst Forest Products's Debt-to-Revenue falls into.



GreenFirst Forest Products Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

GreenFirst Forest Products's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.326 + 23.301) / 396.191
=0.06

GreenFirst Forest Products's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.905 + 48.598) / 372.272
=0.13

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


GreenFirst Forest Products Debt-to-Revenue Related Terms

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GreenFirst Forest Products (TSX:GFP) Business Description

Traded in Other Exchanges
Address
401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5
GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.
Executives
Michael Clark Mitchell Director

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