Western Forest Products Inc. (TSX:WEF)

Western Forest Products Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.7	7.9	2.3	15.8	130	2.9
Cash & Short-Term Investments	5.7	7.9	2.3	15.8	130	2.9
Cash Growth	14.00%	243.48%	-85.44%	-87.85%	4382.76%	38.09%
Accounts Receivable	61.8	60.1	50.9	60.4	56.3	66.2
Other Receivables	7.9	6.6	23.5	17.4	-	-
Receivables	69.7	66.7	74.4	80.4	56.3	66.2
Inventory	180.1	217.1	213.5	224.8	207.2	177.9
Prepaid Expenses	26	32.1	33.6	18.7	16.4	16.1
Other Current Assets	-	10.3	11.1	0.1	1.1	0.6
Total Current Assets	281.5	334.1	334.9	339.8	411	263.7
Property, Plant & Equipment	344.6	398.2	403.7	413.8	392.3	436.9
Long-Term Investments	-	-	-	11	10	8.8
Goodwill	7.2	7.5	6.9	7	-	-
Other Intangible Assets	85.2	88.2	92.3	96.3	100.3	105
Long-Term Deferred Tax Assets	1.6	0.1	0.2	0.2	0.2	0.3
Other Long-Term Assets	14.6	87.4	77.4	64.7	42.6	37.5
Total Assets	734.7	915.5	915.4	932.8	959	852.2
Accounts Payable	87	110.7	102.8	108.5	112.8	108.7
Accrued Expenses	7.4	7.3	7.9	8.3	9.9	8.1
Short-Term Debt	0.4	-	0.9	-	-	0.2
Current Portion of Long-Term Debt	-	-	-	-	-	0.4
Current Portion of Leases	6.9	6.7	6.9	6.8	5.5	6.2
Current Income Taxes Payable	0.2	-	0.2	0.2	64.1	-
Current Unearned Revenue	2	2	2	2	2	2
Other Current Liabilities	-	0.3	0.3	-	-	-
Total Current Liabilities	103.9	127	121	125.8	194.3	125.6
Long-Term Debt	16.9	85.5	83.8	-	-	71.5
Long-Term Leases	14.3	12.8	13	16.4	12.8	15.4
Long-Term Unearned Revenue	38.9	40.5	42.5	44.5	46.5	48.4
Pension & Post-Retirement Benefits	7.5	7.6	6.8	7.8	11.6	16.1
Long-Term Deferred Tax Liabilities	36.2	57	61.6	65.2	53.7	51.2
Other Long-Term Liabilities	18.3	18.8	18.8	21.4	22.9	18.4
Total Liabilities	236	349.2	347.5	281.1	341.8	346.6
Common Stock	405.4	405.4	405.4	405.4	420.8	479.9
Additional Paid-In Capital	8.9	8.9	8.8	9.1	9	10.4
Retained Earnings	72.1	135.8	148.9	229.1	184.5	16.1
Comprehensive Income & Other	5.7	8.1	1.9	3.6	-2.2	-1.9
Total Common Equity	492.1	558.2	565	647.2	612.1	504.5
Minority Interest	6.6	8.1	2.9	4.5	5.1	1.1
Shareholders' Equity	498.7	566.3	567.9	651.7	617.2	505.6
Total Liabilities & Equity	734.7	915.5	915.4	932.8	959	852.2
Total Debt	38.5	105	104.6	23.2	18.3	93.7
Net Cash (Debt)	-32.8	-97.1	-102.3	-7.4	111.7	-90.8
Net Cash Per Share	-3.11	-9.20	-9.69	-0.68	9.27	-7.26
Filing Date Shares Outstanding	10.56	10.56	10.56	10.56	10.85	12.51
Total Common Shares Outstanding	10.56	10.56	10.56	10.56	10.96	12.51
Working Capital	177.6	207.1	213.9	214	216.7	138.1
Book Value Per Share	46.61	52.87	53.51	61.30	55.85	40.34
Tangible Book Value	399.7	462.5	465.8	543.9	511.8	399.5
Tangible Book Value Per Share	37.86	43.80	44.12	51.51	46.70	31.94
Land	-	58.2	57	59.5	58.6	85.2
Buildings	-	509.6	485.5	483.5	445.6	465.7

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.