Conifex Timber Inc. (TSX:CFF)

Conifex Timber Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.31	4.43	3.64	4.19	8.44	6.35
Cash & Short-Term Investments	1.31	4.43	3.64	4.19	8.44	6.35
Cash Growth	-56.34%	21.64%	-13.03%	-50.34%	32.81%	-43.06%
Receivables	1.85	6.02	7.42	7.21	10.38	8.77
Inventory	9.99	13.12	14.41	22.99	49.22	40.35
Prepaid Expenses	13.65	13.76	15.74	17.18	18.46	15.79
Restricted Cash	1.34	2.49	3.99	5.48	6.78	6.48
Total Current Assets	28.14	39.82	45.2	57.05	93.28	77.74
Property, Plant & Equipment	109.7	111.29	117.49	123.12	129.91	125.43
Long-Term Investments	19.24	16.25	16.24	19.94	19.96	19.97
Goodwill	1.88	1.88	1.88	1.88	1.88	1.88
Other Intangible Assets	3.02	3.05	3.15	2.99	3.08	3.14
Long-Term Deferred Tax Assets	25.89	21.27	5.96	2.99	-	0.63
Other Long-Term Assets	11.78	14.1	13.97	11.02	9.15	2.68
Total Assets	199.63	207.67	203.88	218.99	257.26	231.46

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	26.72	30.22	19.83	19.06	17.18	18.76
Accrued Expenses	0.51	0.56	0.64	0.61	1.68	2.1
Short-Term Debt	-	-	-	11.48	6.5	-
Current Portion of Long-Term Debt	9.06	85.3	6.25	3.93	3.7	3.48
Current Portion of Leases	0.98	1.01	0.77	0.86	1.04	1.14
Other Current Liabilities	4.33	3.1	2.23	3.39	4.08	4.92
Total Current Liabilities	41.61	120.19	29.72	39.33	34.18	30.4
Long-Term Debt	90.37	0	67.84	46.37	50.14	53.67
Long-Term Leases	1.38	1.34	2.46	1.21	1.43	1.1
Long-Term Unearned Revenue	-	5.87	6.5	7.13	7.76	8.38
Long-Term Deferred Tax Liabilities	-	-	-	-	8.92	-
Other Long-Term Liabilities	35.47	30.53	11.53	9.45	8.58	8.09
Total Liabilities	168.83	157.93	118.04	103.49	111	101.63

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	246.39	246.39	246.39	246.26	245.6	248.25
Additional Paid-In Capital	45.05	45.05	45.48	45.48	46.27	43.64
Retained Earnings	-261.21	-242.27	-206.6	-176.81	-146.18	-162.63
Comprehensive Income & Other	0.57	0.57	0.57	0.57	0.57	0.56
Shareholders' Equity	30.8	49.74	85.84	115.5	146.27	129.83
Total Liabilities & Equity	199.63	207.67	203.88	218.99	257.26	231.46

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	101.79	87.65	77.32	63.85	62.8	59.38
Net Cash (Debt)	-100.48	-83.22	-73.67	-59.66	-54.36	-53.03
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.46	-2.04	-1.81	-1.49	-1.36	-1.17
Filing Date Shares Outstanding	40.77	40.77	40.77	40.42	39.75	40.15
Total Common Shares Outstanding	40.77	40.77	40.77	40.42	39.75	40.15
Working Capital	-13.47	-80.36	15.48	17.72	59.11	47.34
Book Value Per Share	0.76	1.22	2.11	2.86	3.68	3.23
Tangible Book Value	25.91	44.81	80.81	110.64	141.31	124.82
Tangible Book Value Per Share	0.64	1.10	1.98	2.74	3.55	3.11
Land	2.91	2.91	2.91	2.91	2.91	2.91
Buildings	222.11	222.11	218.31	216.14	209.74	201.15
Construction In Progress	5.41	3.65	3.5	3.6	5.95	2.24

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error