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Western Forest Products (TSX:WEF) Total Current Liabilities : C$110.8 Mil (As of Mar. 2024)


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What is Western Forest Products Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Western Forest Products's total current liabilities for the quarter that ended in Mar. 2024 was C$110.8

Western Forest Products Total Current Liabilities Historical Data

The historical data trend for Western Forest Products's Total Current Liabilities 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.

* Premium members only.

Western Forest Products Total Current Liabilities Chart

Western Forest Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.60 125.60 194.30 125.80 121.00

Western Forest Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 121.50 127.70 103.30 121.00 110.80

Western Forest Products Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Western Forest Products's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=103+7.8
+Other Current Liabilities+Current Deferred Liabilities
=8.2+2
=121.0

Western Forest Products's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=92.1+7.5
+Other Current Liabilities+Current Deferred Liabilities
=9.2+2
=110.8

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Western Forest Products Total Current Liabilities Related Terms

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Western Forest Products (TSX:WEF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Western Forest Products Inc (TSX:WEF) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
WFSTF:USA NWF:Germany
Address
1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3
Website
https://www.westernforest.com
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.
Executives
Glen Douglas Nontell Senior Officer

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