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GreenFirst Forest ProductsICLTF -0.71%44 Equity-to-Asset is 0.22 as of Jun. 2026, which is 69% below its 10-year median of 0.70. GuruFocus rates ICLTF with a GF Score™ of 44/100 and a GF Value™ of $1.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 283 Forest Products companies, GreenFirst Forest Products ranks worse than 90.11% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
GreenFirst Forest Products Equity-to-Asset Related Terms
GreenFirst Forest Products Equity-to-Asset Historical Data
* 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.
ICLTF vs SSD, UFPI, BCC: Equity-to-Asset Comparison
For the Lumber & Wood Production subindustry, GreenFirst Forest Products's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GreenFirst Forest Products's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
GreenFirst Forest Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
GreenFirst Forest Products (ICLTF) has a Equity-to-Asset of 0.22 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GreenFirst Forest Products and its competitors. This is 69% below median its historical median of 0.70. Over the past decade, GreenFirst Forest Products' Equity-to-Asset has ranged from 0.18 to 1.00. According to the industry distribution chart, GreenFirst Forest Products ranks #255 out of 283 companies in the Forest Products industry, placing it in the top 90.1%.
Is GreenFirst Forest Products' Equity-to-Asset too high?
GreenFirst Forest Products' current Equity-to-Asset of 0.22 is 69% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.00. The Forest Products industry median Equity-to-Asset is 0.54. GreenFirst Forest Products' value of 0.22 is 59.3% below this industry median. Based on the distribution chart, GreenFirst Forest Products ranks #255 out of 283 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, GreenFirst Forest Products has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' Equity-to-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, GreenFirst Forest Products ranks #255 out of 283 companies for Equity-to-Asset. This places GreenFirst Forest Products in the lower half of its industry. The industry median Equity-to-Asset is 0.54. GreenFirst Forest Products' value of 0.22 is 59.3% below this benchmark. Historically, GreenFirst Forest Products' own Equity-to-Asset has ranged from 0.18 to 1.00 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.54, GreenFirst Forest Products has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GreenFirst Forest Products's current Equity-to-Asset of 0.22 is 59.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GreenFirst Forest Products and its competitors. For the Forest Products industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenFirst Forest Products's current Equity-to-Asset is 0.22, which is 69% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenFirst Forest Products stock overvalued right now?
Based on GuruFocus' analysis, GreenFirst Forest Products (ICLTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.65, compared to a current price of $1.40 — trading 15.2% below its estimated fair value. The current Equity-to-Asset is 0.22, which is 69% below median its 10-year median of 0.70 and 59.3% below the Forest Products industry median of 0.54. GreenFirst Forest Products' overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For GreenFirst Forest Products (ICLTF), the current Equity-to-Asset is 0.22 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GreenFirst Forest Products (ICLTF) Overvalued in 2026?
Based on GuruFocus' analysis, GreenFirst Forest Products stock appears to be undervalued.
The current stock price of $1.40 is trading 15.2% below its estimated GF Value™ of $1.65.
GuruFocus considers GreenFirst Forest Products to be Modestly Undervalued.
Key valuation signals for ICLTF:
Equity-to-Asset: 0.22 (69% below median its 10-year median of 0.70)
GF Value™: $1.65 vs. price of $1.40 (15.2% below fair value)
Industry Position: 59.3% below the Forest Products median (#255 of 283)
No single metric tells the full story. See the ICLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GreenFirst Forest Products Inc operates as a forest products business consisting of four operating sawmills located in Ontario. The company manufactures and markets a range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction, with by-products from production sold to pulp producers. It operates in a single operating segment, being lumber products. The group's geographic markets are Canada and the United States, with the majority of revenue derived from the United States. The company generates almost all of its revenue from the sale of Lumber products and a small portion of its revenue from the sale of Chips, by-products, and other.
44GF Score
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