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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.8	7.9	2.3	15.8	130	2.9
Cash & Short-Term Investments	4.8	7.9	2.3	15.8	130	2.9
Cash Growth	92.00%	243.48%	-85.44%	-87.85%	4382.76%	38.09%
Accounts Receivable	73.5	60.1	50.9	60.4	56.3	66.2
Other Receivables	5.1	6.6	23.5	17.4	-	-
Receivables	78.6	66.7	74.4	80.4	56.3	66.2
Inventory	206.2	217.1	213.5	224.8	207.2	177.9
Prepaid Expenses	36.1	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	325.7	334.1	334.9	339.8	411	263.7
Property, Plant & Equipment	352.1	398.2	403.7	413.8	392.3	436.9
Long-Term Investments	-	-	-	11	10	8.8
Goodwill	7.5	7.5	6.9	7	-	-
Other Intangible Assets	87.2	88.2	92.3	96.3	100.3	105
Long-Term Deferred Tax Assets	0.4	0.1	0.2	0.2	0.2	0.3
Other Long-Term Assets	87.8	87.4	77.4	64.7	42.6	37.5
Total Assets	860.7	915.5	915.4	932.8	959	852.2
Accounts Payable	102.5	110.7	102.8	108.5	112.8	108.7
Accrued Expenses	8.2	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	7.2	6.7	6.9	6.8	5.5	6.2
Current Income Taxes Payable	-	-	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	120.3	127	121	125.8	194.3	125.6
Long-Term Debt	25.6	85.5	83.8	-	-	71.5
Long-Term Leases	12.7	12.8	13	16.4	12.8	15.4
Long-Term Unearned Revenue	39.9	40.5	42.5	44.5	46.5	48.4
Long-Term Deferred Tax Liabilities	55.9	57	61.6	65.2	53.7	51.2
Other Long-Term Liabilities	26.5	18.8	18.8	21.4	22.9	18.4
Total Liabilities	280.9	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	149.4	135.8	148.9	229.1	184.5	16.1
Comprehensive Income & Other	8.2	8.1	1.9	3.6	-2.2	-1.9
Total Common Equity	571.9	558.2	565	647.2	612.1	504.5
Minority Interest	7.9	8.1	2.9	4.5	5.1	1.1
Shareholders' Equity	579.8	566.3	567.9	651.7	617.2	505.6
Total Liabilities & Equity	860.7	915.5	915.4	932.8	959	852.2
Total Debt	45.9	105	104.6	23.2	18.3	93.7
Net Cash (Debt)	-41.1	-97.1	-102.3	-7.4	111.7	-90.8
Net Cash Per Share	-0.13	-0.31	-0.32	-0.02	0.31	-0.24
Filing Date Shares Outstanding	350	316.75	316.75	316.74	325.4	375.23
Total Common Shares Outstanding	350	316.75	316.75	316.74	328.78	375.23
Working Capital	205.4	207.1	213.9	214	216.7	138.1
Book Value Per Share	1.63	1.76	1.78	2.04	1.86	1.34
Tangible Book Value	477.2	462.5	465.8	543.9	511.8	399.5
Tangible Book Value Per Share	1.36	1.46	1.47	1.72	1.56	1.06
Land	-	58.2	57	59.5	58.6	85.2
Buildings	-	509.6	485.5	483.5	445.6	465.7

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.