GreenFirst Forest Products Inc
GreenFirst Forest Products Inc. engages in the forest products business that manufactures, markets, distributes, and sells lumber products in Canada and the United States. The company provides a range of spruce, pine, and fir lumber products; wood chips; and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel… Read more
GreenFirst Forest Products Inc (ICLTF) - Net Assets
Latest net assets as of September 2025: $81.68 Million USD
Based on the latest financial reports, GreenFirst Forest Products Inc (ICLTF) has net assets worth $81.68 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($209.03 Million) and total liabilities ($127.35 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $81.68 Million |
| % of Total Assets | 39.08% |
| Annual Growth Rate | 15.29% |
| 5-Year Change | 1095.98% |
| 10-Year Change | 370.43% |
| Growth Volatility | 356.47 |
GreenFirst Forest Products Inc - Net Assets Trend (2000–2024)
This chart illustrates how GreenFirst Forest Products Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GreenFirst Forest Products Inc (2000–2024)
The table below shows the annual net assets of GreenFirst Forest Products Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $145.62 Million | -21.39% |
| 2023-12-31 | $185.24 Million | -17.47% |
| 2022-12-31 | $224.46 Million | -2.05% |
| 2021-12-31 | $229.16 Million | +1782.14% |
| 2020-12-31 | $12.18 Million | -7.12% |
| 2019-12-31 | $13.11 Million | -1.44% |
| 2018-12-31 | $13.30 Million | -41.73% |
| 2017-12-31 | $22.82 Million | -3.91% |
| 2016-12-31 | $23.75 Million | -23.27% |
| 2015-12-31 | $30.95 Million | -7.75% |
| 2014-12-31 | $33.56 Million | -1.47% |
| 2013-12-31 | $34.05 Million | -5.59% |
| 2012-12-31 | $36.07 Million | -5.38% |
| 2011-12-31 | $38.12 Million | -6.73% |
| 2010-12-31 | $40.87 Million | -11.24% |
| 2009-12-31 | $46.05 Million | +111.42% |
| 2008-12-31 | $21.78 Million | -16.29% |
| 2007-12-31 | $26.02 Million | -3.67% |
| 2006-12-31 | $27.01 Million | +30.10% |
| 2005-12-31 | $20.76 Million | +91.99% |
| 2004-12-31 | $10.81 Million | -7.35% |
| 2003-12-31 | $11.67 Million | +59.35% |
| 2002-12-31 | $7.32 Million | +36.35% |
| 2001-12-31 | $5.37 Million | +12.14% |
| 2000-12-31 | $4.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GreenFirst Forest Products Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11811203600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $273.99 Million | 188.16% |
| Other Comprehensive Income | $1.57 Million | 1.08% |
| Total Equity | $145.62 Million | 100.00% |
GreenFirst Forest Products Inc Competitors by Market Cap
The table below lists competitors of GreenFirst Forest Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABOUT YOU Holding AG
F:YOU
|
$38.16 Million |
|
LatAmGrowth SPAC
NASDAQ:LATG
|
$38.17 Million |
|
AC S.A.
WAR:ACG
|
$38.17 Million |
|
Water Intelligence plc
PINK:WTLLF
|
$38.18 Million |
|
msg life ag
HM:MSGL
|
$38.10 Million |
|
Mastersystem Infotama Tbk.
JK:MSTI
|
$38.06 Million |
|
SWK Holdings Corp
NASDAQ:SWKH
|
$38.05 Million |
|
SNC Former Public Company Limited
BK:SNC
|
$38.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GreenFirst Forest Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 185,238,000 to 145,616,000, a change of -39,622,000 (-21.4%).
- Net loss of 47,074,000 reduced equity.
- Share repurchases of 258,000 reduced equity.
- New share issuances of 24,812,000 increased equity.
- Other comprehensive income decreased equity by 11,587,000.
- Other factors decreased equity by 5,515,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-47.07 Million | -32.33% |
| Share Repurchases | $258.00K | -0.18% |
| Share Issuances | $24.81 Million | +17.04% |
| Other Comprehensive Income | $-11.59 Million | -7.96% |
| Other Changes | $-5.51 Million | -3.79% |
| Total Change | $- | -21.39% |
Book Value vs Market Value Analysis
This analysis compares GreenFirst Forest Products Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.06x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.30 | $2.42 | x |
| 2001-12-31 | $0.38 | $2.42 | x |
| 2002-12-31 | $0.33 | $2.42 | x |
| 2003-12-31 | $0.38 | $2.42 | x |
| 2004-12-31 | $0.28 | $2.42 | x |
| 2005-12-31 | $0.48 | $2.42 | x |
| 2006-12-31 | $0.56 | $2.42 | x |
| 2007-12-31 | $0.53 | $2.42 | x |
| 2008-12-31 | $0.44 | $2.42 | x |
| 2009-12-31 | $0.73 | $2.42 | x |
| 2010-12-31 | $0.39 | $2.42 | x |
| 2011-12-31 | $0.37 | $2.42 | x |
| 2012-12-31 | $0.35 | $2.42 | x |
| 2013-12-31 | $0.33 | $2.42 | x |
| 2014-12-31 | $0.32 | $2.42 | x |
| 2015-12-31 | $0.30 | $2.42 | x |
| 2016-12-31 | $0.48 | $2.42 | x |
| 2017-12-31 | $0.46 | $2.42 | x |
| 2018-12-31 | $0.27 | $2.42 | x |
| 2019-12-31 | $0.26 | $2.42 | x |
| 2020-12-31 | $0.24 | $2.42 | x |
| 2021-12-31 | $2.91 | $2.42 | x |
| 2022-12-31 | $2.09 | $2.42 | x |
| 2023-12-31 | $1.72 | $2.42 | x |
| 2024-12-31 | $1.36 | $2.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GreenFirst Forest Products Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.53%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.51x
- Recent ROE (-32.33%) is below the historical average (-13.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -42.25% | 0.00% | 0.00x | 1.04x | $-2.50 Million |
| 2001 | -16.42% | 0.00% | 0.00x | 1.02x | $-1.42 Million |
| 2002 | -19.66% | 0.00% | 0.00x | 1.01x | $-2.17 Million |
| 2003 | -29.29% | 0.00% | 0.00x | 1.04x | $-4.59 Million |
| 2004 | -40.63% | 0.00% | 0.00x | 1.13x | $-5.47 Million |
| 2005 | -27.77% | 0.00% | 0.00x | 1.13x | $-7.84 Million |
| 2006 | -13.26% | 0.00% | 0.00x | 1.01x | $-6.28 Million |
| 2007 | -4.17% | 0.00% | 0.00x | 1.00x | $-3.69 Million |
| 2008 | -19.75% | 0.00% | 0.00x | 1.04x | $-6.48 Million |
| 2009 | -6.87% | 0.00% | 0.00x | 1.00x | $-7.77 Million |
| 2010 | -9.15% | 0.00% | 0.00x | 1.01x | $-7.83 Million |
| 2011 | -6.18% | 0.00% | 0.00x | 1.01x | $-6.17 Million |
| 2012 | -5.72% | 0.00% | 0.00x | 1.01x | $-5.67 Million |
| 2013 | -7.49% | 0.00% | 0.00x | 1.01x | $-5.96 Million |
| 2014 | -0.05% | 0.00% | 0.00x | 1.00x | $-3.37 Million |
| 2015 | -9.37% | 0.00% | 0.00x | 1.01x | $-5.99 Million |
| 2016 | 37.66% | 0.00% | 0.00x | 1.00x | $6.57 Million |
| 2017 | -4.35% | 0.00% | 0.00x | 1.01x | $-3.28 Million |
| 2018 | -47.00% | 0.00% | 0.00x | 1.01x | $-7.58 Million |
| 2019 | 5.36% | 0.00% | 0.00x | 1.01x | $-607.73K |
| 2020 | -18.73% | 0.00% | 0.00x | 1.42x | $-3.50 Million |
| 2021 | -3.56% | -6.66% | 0.29x | 1.82x | $-31.08 Million |
| 2022 | -0.41% | -0.20% | 1.20x | 1.66x | $-23.36 Million |
| 2023 | -25.38% | -17.33% | 0.98x | 1.50x | $-65.54 Million |
| 2024 | -32.33% | -16.53% | 1.29x | 1.51x | $-61.64 Million |
Industry Comparison
This section compares GreenFirst Forest Products Inc's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $321,698,694
- Average return on equity (ROE) among peers: 5.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GreenFirst Forest Products Inc (ICLTF) | $81.68 Million | -42.25% | 1.56x | $38.13 Million |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Canfor Corporation (CFPZF) | $678.90 Million | -8.38% | 2.00x | $526.98 Million |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |
| EcoLogix Resource Group Inc (EXRG) | $-2.83 Million | 0.00% | 0.00x | $0.93 |