West Fraser Timber Co.Ltd (TSX:WFG) Cash-to-Debt : 1.36 (As of Mar. 2024)

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What is West Fraser Timber Co.Ltd Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. West Fraser Timber Co.Ltd's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.36.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, West Fraser Timber Co.Ltd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Cash-to-Debt or its related term are showing as below:

TSX:WFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 4.47
Current: 1.36

During the past 13 years, West Fraser Timber Co.Ltd's highest Cash to Debt Ratio was 4.47. The lowest was 0.02. And the median was 0.21.

TSX:WFG's Cash-to-Debt is ranked better than
72.98% of 285 companies
in the Forest Products industry
Industry Median: 0.32 vs TSX:WFG: 1.36

West Fraser Timber Co.Ltd Cash-to-Debt Historical Data

The historical data trend for West Fraser Timber Co.Ltd's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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West Fraser Timber Co.Ltd Cash-to-Debt Chart

West Fraser Timber Co.Ltd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.91

2.97

2.17

1.67

West Fraser Timber Co.Ltd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.62	1.87	2.27	1.67	1.36

Competitive Comparison of West Fraser Timber Co.Ltd's Cash-to-Debt

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

West Fraser Timber Co.Ltd's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Cash-to-Debt falls into.

West Fraser Timber Co.Ltd Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

West Fraser Timber Co.Ltd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1207.44	/	(419.921	+	301.86)
	=	1.67

West Fraser Timber Co.Ltd's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	962.41	/	(406.08	+	301.853)
	=	1.36

West Fraser Timber Co.Ltd (TSX:WFG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

West Fraser Timber Co.Ltd Cash-to-Debt Related Terms

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West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Fraser Timber Co.Ltd (TSX:WFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WFG:USA WFC:Germany WFC:Germany

Address

c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1

Website

https://www.westfraser.com

West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.