Western Forest Products Inc. (TSX: WEF)

Western Forest Products Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5	2.3	15.8	130	2.9	2.1
Cash & Short-Term Investments	5	2.3	15.8	130	2.9	2.1
Cash Growth	66.67%	-85.44%	-87.85%	4382.76%	38.10%	-75.00%
Accounts Receivable	58.8	50.9	60.4	56.3	66.2	23.2
Other Receivables	7.9	23.5	17.4	-	-	16.7
Receivables	66.7	74.4	80.4	56.3	66.2	39.9
Inventory	209.8	213.5	224.8	207.2	177.9	132
Prepaid Expenses	27.5	33.6	18.7	16.4	16.1	14.7
Other Current Assets	9.2	11.1	0.1	1.1	0.6	0.2
Total Current Assets	318.2	334.9	339.8	411	263.7	188.9
Property, Plant & Equipment	393.7	403.7	413.8	392.3	436.9	470.9
Long-Term Investments	3.8	-	11	10	8.8	9
Goodwill	7	6.9	7	-	-	-
Other Intangible Assets	89.3	92.3	96.3	100.3	105	109.2
Long-Term Deferred Tax Assets	0.1	0.2	0.2	0.2	0.3	0.1
Long-Term Deferred Charges	-	-	-	-	-	0.8
Other Long-Term Assets	76.7	77.4	64.7	42.6	37.5	3.6
Total Assets	892.1	915.4	932.8	959	852.2	782.5
Accounts Payable	86.2	102.8	108.5	112.8	108.7	35
Accrued Expenses	8.2	7.9	8.3	9.9	8.1	8.7
Short-Term Debt	1.4	0.9	-	-	0.2	-
Current Portion of Long-Term Debt	-	-	-	-	0.4	-
Current Portion of Leases	6.5	6.9	6.8	5.5	6.2	4.9
Current Income Taxes Payable	-	0.2	0.2	64.1	-	-
Current Unearned Revenue	2	2	2	2	2	2
Other Current Liabilities	0.5	0.3	-	-	-	-
Total Current Liabilities	104.8	121	125.8	194.3	125.6	50.6
Long-Term Debt	90	83.8	-	-	71.5	113.4
Long-Term Leases	11	13	16.4	12.8	15.4	15
Long-Term Unearned Revenue	41	42.5	44.5	46.5	48.4	50.4
Long-Term Deferred Tax Liabilities	55.7	61.6	65.2	53.7	51.2	37
Other Long-Term Liabilities	18.1	18.8	21.4	22.9	18.4	18.2
Total Liabilities	327.9	347.5	281.1	341.8	346.6	299.9
Common Stock	405.4	405.4	405.4	420.8	479.9	479.9
Additional Paid-In Capital	8.8	8.8	9.1	9	10.4	9.6
Retained Earnings	137.7	148.9	229.1	184.5	16.1	-6.8
Comprehensive Income & Other	3.5	1.9	3.6	-2.2	-1.9	-0.9
Total Common Equity	555.4	565	647.2	612.1	504.5	481.8
Minority Interest	8.8	2.9	4.5	5.1	1.1	0.8
Shareholders' Equity	564.2	567.9	651.7	617.2	505.6	482.6
Total Liabilities & Equity	892.1	915.4	932.8	959	852.2	782.5
Total Debt	108.9	104.6	23.2	18.3	93.7	133.3
Net Cash (Debt)	-103.9	-102.3	-7.4	111.7	-90.8	-131.2
Net Cash Per Share	-0.33	-0.32	-0.02	0.31	-0.24	-0.35
Filing Date Shares Outstanding	316.75	316.75	316.74	325.4	375.23	375.2
Total Common Shares Outstanding	316.75	316.75	316.74	328.78	375.23	375.2
Working Capital	213.4	213.9	214	216.7	138.1	138.3
Book Value Per Share	1.75	1.78	2.04	1.86	1.34	1.28
Tangible Book Value	459.1	465.8	543.9	511.8	399.5	372.6
Tangible Book Value Per Share	1.45	1.47	1.72	1.56	1.06	0.99
Land	57.3	57	59.5	58.6	85.2	94
Buildings	513.6	485.5	483.5	445.6	465.7	460.8

Source: S&P Capital IQ. Standard template. Financial Sources.