GreenFirst Forest Products Inc. (TSX:GFP)

TSX:GFP 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 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.83	3.48	27.76	2.43	25.35	36.17
Cash & Short-Term Investments	2.83	3.48	27.76	2.43	25.35	36.17
Cash Growth	-35.38%	-87.47%	1044.58%	-90.44%	-29.91%	584.84%
Accounts Receivable	14.02	13.17	7.17	15.02	19.5	21.45
Other Receivables	4.11	6.81	9.07	10.81	21.23	14.59
Receivables	18.13	19.97	16.24	25.83	40.73	36.04
Inventory	83.01	56.33	70.39	77.1	78.29	107.2
Prepaid Expenses	1.83	2.33	2.57	2.65	1.29	3.35
Other Current Assets	-	-	-	-	79.03	-
Total Current Assets	105.8	82.11	116.95	108	224.7	182.77
Property, Plant & Equipment	91.89	95.06	87.6	124.12	118.63	186.04
Long-Term Investments	1.07	1.43	1.43	1.43	1.14	0.5
Other Intangible Assets	10.39	10.53	10.83	11.13	11.42	11.72
Long-Term Deferred Tax Assets	-	-	-	-	0.2	-
Long-Term Deferred Charges	-	-	-	-	-	1.43
Other Long-Term Assets	0.5	0.69	3.66	33.27	15.41	34.94
Total Assets	209.64	189.83	220.47	277.94	371.5	417.39

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	33.29	39.04	34.51	32.55	51.95	27.48
Accrued Expenses	-	7.55	11.17	18.61	18.79	14.11
Current Portion of Long-Term Debt	3.1	4.55	4.4	1.58	9.08	7.92
Current Portion of Leases	1.12	1.38	1.26	0.75	1.17	1.27
Current Unearned Revenue	-	2.5	1.21	1.06	0.84	0.68
Other Current Liabilities	12.65	0.02	0.01	0.01	4.21	2.57
Total Current Liabilities	50.16	55.05	52.56	54.56	86.04	54.04
Long-Term Debt	60.27	25.81	10.89	22.65	45.93	108.88
Long-Term Leases	4.4	4.89	5.17	0.65	1.52	2.13
Pension & Post-Retirement Benefits	2.87	2.88	4.71	8.1	7.6	10.04
Long-Term Deferred Tax Liabilities	-	-	-	-	-	4.32
Other Long-Term Liabilities	45.82	40.57	1.52	6.75	5.96	7.36
Total Liabilities	163.51	129.2	74.85	92.71	147.04	186.78

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	275.34	275.31	273.99	254.73	254.73	254.73
Retained Earnings	-243.97	-228.79	-129.95	-82.65	-35.63	-34.72
Comprehensive Income & Other	14.75	14.11	1.57	13.16	5.37	10.61
Shareholders' Equity	46.12	60.62	145.62	185.24	224.46	230.62
Total Liabilities & Equity	209.64	189.83	220.47	277.94	371.5	417.39

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	68.89	36.63	21.72	25.63	57.7	120.21
Net Cash (Debt)	-66.07	-33.15	6.04	-23.2	-32.35	-84.03
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.87	-1.46	0.34	-1.31	-1.82	-10.67
Filing Date Shares Outstanding	23.17	23.15	22.6	17.76	17.76	17.76
Total Common Shares Outstanding	23.17	23.14	22.6	17.76	17.76	17.76
Working Capital	55.64	27.06	64.39	53.44	138.67	128.73
Book Value Per Share	1.99	2.62	6.44	10.43	12.64	12.99
Tangible Book Value	35.74	50.09	134.79	174.11	213.04	218.9
Tangible Book Value Per Share	1.54	2.16	5.96	9.81	12.00	12.33
Land	-	12.82	12.17	27.8	28.23	72.54
Machinery	-	106.64	94.44	86.16	71.41	90.64
Construction In Progress	-	3.1	3.23	33.14	26.16	13.25

Data Source: S&P Global Market Intelligence Last updated: Jun 27, 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:

Sep 1, 2026

Data Sources Report a data error