GreenFirst Forest ProductsICLTF -10.71%48 Quick Ratio is 0.49 as of Mar. 2026, which is 68% below its 10-year median of 1.52. GuruFocus rates ICLTF with a GF Score™ of 48/100 and a GF Value™ of $1.52 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 289 Forest Products companies, GreenFirst Forest Products ranks worse than 80.97% on this metric.
GreenFirst Forest Products has a quick ratio of 0.49. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for GreenFirst Forest Products's Quick Ratio or its related term are showing as below:
ICLTF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.52 Max: 157.38
Current: 0.49
During the past 13 years, GreenFirst Forest Products's highest Quick Ratio was 157.38. The lowest was 0.47. And the median was 1.52.
ICLTF's Quick Ratio is ranked worse than 80.97% of 289
companies
in the Forest Products industry
Industry Median: 0.93
vs ICLTF: 0.49
GreenFirst Forest Products (OTCPK:ICLTF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
GreenFirst Forest Products Quick Ratio Related Terms
GreenFirst Forest Products Quick Ratio 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.
For the Lumber & Wood Production subindustry, GreenFirst Forest Products's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Quick Ratio distribution charts can be found below:
* The bar in red indicates where GreenFirst Forest Products's Quick Ratio falls into.
GreenFirst Forest Products Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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 Quick Ratio of 0.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on GreenFirst Forest Products and its competitors. This is 68% below median its historical median of 1.52. Over the past decade, GreenFirst Forest Products' Quick Ratio has ranged from 0.47 to 157.38. According to the industry distribution chart, GreenFirst Forest Products ranks #234 out of 289 companies in the Forest Products industry, placing it in the top 81%.
Is GreenFirst Forest Products' Quick Ratio too high?
GreenFirst Forest Products' current Quick Ratio of 0.49 is 68% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 157.38. The Forest Products industry median Quick Ratio is 0.93. GreenFirst Forest Products' value of 0.49 is 47.3% below this industry median. Based on the distribution chart, GreenFirst Forest Products ranks #234 out of 289 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, GreenFirst Forest Products has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' Quick Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, GreenFirst Forest Products ranks #234 out of 289 companies for Quick Ratio. This places GreenFirst Forest Products in the lower half of its industry. The industry median Quick Ratio is 0.93. GreenFirst Forest Products' value of 0.49 is 47.3% below this benchmark. Historically, GreenFirst Forest Products' own Quick Ratio has ranged from 0.47 to 157.38 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 0.93, 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 Quick Ratio for a Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GreenFirst Forest Products's current Quick Ratio of 0.49 is 47.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on GreenFirst Forest Products and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenFirst Forest Products's current Quick Ratio is 0.49, which is 68% below median its own 10-year median of 1.52. 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 Possible Value Trap. The stock's GF Value™ is $1.52, compared to a current price of $1.25 — trading 17.8% below its estimated fair value. The current Quick Ratio is 0.49, which is 68% below median its 10-year median of 1.52 and 47.3% below the Forest Products industry median of 0.93. GreenFirst Forest Products' overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For GreenFirst Forest Products (ICLTF), the current Quick Ratio is 0.49 as of Mar. 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 $1.25 is trading 17.8% below its estimated GF Value™ of $1.52.
GuruFocus considers GreenFirst Forest Products to be Possible Value Trap.
Key valuation signals for ICLTF:
Quick Ratio: 0.49 (68% below median its 10-year median of 1.52)
GF Value™: $1.52 vs. price of $1.25 (17.8% below fair value)
Industry Position: 47.3% below the Forest Products median (#234 of 289)
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.
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