West Net Debt vs Total Liab Analysis

WFG Stock

CAD 126.36 0.23 0.18%

West Fraser financial indicator trend analysis is more than just analyzing West Fraser Timber current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Fraser Timber is a good investment. Please check the relationship between West Fraser Net Debt and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Fraser Timber Net Debt account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between West Fraser's Net Debt and Total Liab is -0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of West Fraser Timber, assuming nothing else is changed. The correlation between historical values of West Fraser's Net Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of West Fraser Timber are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., West Fraser's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from West Fraser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Fraser Timber current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, West Fraser's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 30th of January 2025, Enterprise Value Multiple is likely to grow to 18.92, while Selling General Administrative is likely to drop about 212.7 M.

	2022	2023	2024	2025 (projected)
Total Revenue	9.7B	6.5B	7.4B	7.8B
Depreciation And Amortization	766.8M	730.2M	839.7M	881.7M

Total Revenue Depreciation And Amortization

West Fraser fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Assets	Common Stock	Good Will
Total Assets		0.12	0.34	0.93	1.0	1.0	0.7	-0.88	0.99	0.85	0.96	1.0	0.33	0.96	0.81	0.59	0.75	0.82	0.78	-0.84	0.83	0.99	0.32	0.35	0.98	0.99
Short Long Term Debt Total	0.12		-0.01	0.12	0.09	0.18	0.16	0.27	0.13	0.02	0.09	0.14	0.21	0.06	0.08	-0.46	0.39	0.14	0.0	-0.18	0.28	0.09	0.06	0.21	-0.02	0.17
Other Current Liab	0.34	-0.01		0.3	0.32	0.31	-0.19	-0.36	0.27	0.31	0.34	0.3	0.38	0.56	0.64	0.54	0.61	0.6	-0.24	-0.36	0.58	0.47	-0.36	0.76	0.38	0.28
Total Current Liabilities	0.93	0.12	0.3		0.93	0.93	0.68	-0.77	0.91	0.78	0.85	0.93	0.09	0.88	0.73	0.59	0.58	0.74	0.77	-0.8	0.76	0.92	0.51	0.16	0.93	0.92
Total Stockholder Equity	1.0	0.09	0.32	0.93		0.99	0.71	-0.9	0.99	0.85	0.96	1.0	0.32	0.95	0.79	0.6	0.72	0.82	0.8	-0.84	0.81	0.98	0.33	0.34	0.98	0.99
Property Plant And Equipment Net	1.0	0.18	0.31	0.93	0.99		0.72	-0.86	0.99	0.84	0.95	1.0	0.32	0.94	0.78	0.54	0.74	0.81	0.79	-0.84	0.82	0.98	0.33	0.34	0.97	1.0
Current Deferred Revenue	0.7	0.16	-0.19	0.68	0.71	0.72		-0.58	0.74	0.51	0.63	0.73	0.24	0.5	0.42	0.34	0.34	0.49	0.75	-0.62	0.45	0.61	0.52	0.06	0.66	0.71
Net Debt	-0.88	0.27	-0.36	-0.77	-0.9	-0.86	-0.58		-0.88	-0.8	-0.88	-0.87	-0.36	-0.87	-0.77	-0.74	-0.59	-0.78	-0.65	0.75	-0.69	-0.88	-0.2	-0.36	-0.91	-0.86
Retained Earnings	0.99	0.13	0.27	0.91	0.99	0.99	0.74	-0.88		0.84	0.97	1.0	0.36	0.93	0.77	0.55	0.72	0.8	0.81	-0.86	0.8	0.97	0.34	0.34	0.96	0.99
Accounts Payable	0.85	0.02	0.31	0.78	0.85	0.84	0.51	-0.8	0.84		0.83	0.85	0.25	0.84	0.89	0.62	0.77	0.89	0.69	-0.66	0.89	0.86	0.18	0.29	0.86	0.85
Cash	0.96	0.09	0.34	0.85	0.96	0.95	0.63	-0.88	0.97	0.83		0.96	0.48	0.94	0.77	0.5	0.76	0.8	0.74	-0.87	0.8	0.96	0.23	0.43	0.92	0.95
Non Current Assets Total	1.0	0.14	0.3	0.93	1.0	1.0	0.73	-0.87	1.0	0.85	0.96		0.31	0.94	0.78	0.57	0.73	0.81	0.81	-0.84	0.81	0.98	0.35	0.32	0.98	1.0
Non Currrent Assets Other	0.33	0.21	0.38	0.09	0.32	0.32	0.24	-0.36	0.36	0.25	0.48	0.31		0.37	0.43	0.07	0.59	0.47	-0.03	-0.43	0.41	0.35	-0.31	0.85	0.24	0.31
Cash And Short Term Investments	0.96	0.06	0.56	0.88	0.95	0.94	0.5	-0.87	0.93	0.84	0.94	0.94	0.37		0.86	0.63	0.81	0.86	0.62	-0.83	0.87	0.99	0.14	0.49	0.96	0.94
Net Receivables	0.81	0.08	0.64	0.73	0.79	0.78	0.42	-0.77	0.77	0.89	0.77	0.78	0.43	0.86		0.74	0.88	0.98	0.4	-0.68	0.96	0.85	0.02	0.6	0.81	0.77
Common Stock Shares Outstanding	0.59	-0.46	0.54	0.59	0.6	0.54	0.34	-0.74	0.55	0.62	0.5	0.57	0.07	0.63	0.74		0.42	0.68	0.32	-0.38	0.57	0.64	0.05	0.3	0.69	0.53
Non Current Liabilities Total	0.75	0.39	0.61	0.58	0.72	0.74	0.34	-0.59	0.72	0.77	0.76	0.73	0.59	0.81	0.88	0.42		0.88	0.32	-0.67	0.93	0.79	-0.14	0.71	0.7	0.74
Inventory	0.82	0.14	0.6	0.74	0.82	0.81	0.49	-0.78	0.8	0.89	0.8	0.81	0.47	0.86	0.98	0.68	0.88		0.42	-0.77	0.97	0.86	0.05	0.6	0.81	0.8
Other Current Assets	0.78	0.0	-0.24	0.77	0.8	0.79	0.75	-0.65	0.81	0.69	0.74	0.81	-0.03	0.62	0.4	0.32	0.32	0.42		-0.57	0.45	0.7	0.63	-0.2	0.77	0.81
Other Stockholder Equity	-0.84	-0.18	-0.36	-0.8	-0.84	-0.84	-0.62	0.75	-0.86	-0.66	-0.87	-0.84	-0.43	-0.83	-0.68	-0.38	-0.67	-0.77	-0.57		-0.76	-0.84	-0.33	-0.39	-0.78	-0.83
Total Liab	0.83	0.28	0.58	0.76	0.81	0.82	0.45	-0.69	0.8	0.89	0.8	0.81	0.41	0.87	0.96	0.57	0.93	0.97	0.45	-0.76		0.86	0.08	0.56	0.8	0.81
Total Current Assets	0.99	0.09	0.47	0.92	0.98	0.98	0.61	-0.88	0.97	0.86	0.96	0.98	0.35	0.99	0.85	0.64	0.79	0.86	0.7	-0.84	0.86		0.24	0.43	0.98	0.97
Short Term Debt	0.32	0.06	-0.36	0.51	0.33	0.33	0.52	-0.2	0.34	0.18	0.23	0.35	-0.31	0.14	0.02	0.05	-0.14	0.05	0.63	-0.33	0.08	0.24		-0.49	0.32	0.35
Other Assets	0.35	0.21	0.76	0.16	0.34	0.34	0.06	-0.36	0.34	0.29	0.43	0.32	0.85	0.49	0.6	0.3	0.71	0.6	-0.2	-0.39	0.56	0.43	-0.49		0.32	0.31
Common Stock	0.98	-0.02	0.38	0.93	0.98	0.97	0.66	-0.91	0.96	0.86	0.92	0.98	0.24	0.96	0.81	0.69	0.7	0.81	0.77	-0.78	0.8	0.98	0.32	0.32		0.97
Good Will	0.99	0.17	0.28	0.92	0.99	1.0	0.71	-0.86	0.99	0.85	0.95	1.0	0.31	0.94	0.77	0.53	0.74	0.8	0.81	-0.83	0.81	0.97	0.35	0.31	0.97

Click cells to compare fundamentals

West Fraser Account Relationship Matchups

West Fraser fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.2B	10.4B	10.0B	9.4B	10.8B	11.4B
Short Long Term Debt Total	644.8M	510M	536M	538M	618.7M	567.2M
Other Current Liab	304.3M	733M	422M	63M	72.5M	68.8M
Total Current Liabilities	527.8M	1.2B	792M	1.1B	1.2B	1.3B
Total Stockholder Equity	2.5B	7.7B	7.6B	7.2B	8.3B	8.7B
Property Plant And Equipment Net	1.7B	4.1B	4.0B	3.8B	4.4B	4.6B
Current Deferred Revenue	149.3M	3M	51M	257M	295.6M	310.3M
Net Debt	507.4M	(337M)	(626M)	(362M)	(325.8M)	(309.5M)
Retained Earnings	2.0B	4.5B	5.3B	4.9B	5.6B	5.9B
Accounts Payable	215.7M	411M	359M	417M	479.6M	246.5M
Cash	587M	847M	1.2B	900M	1.0B	1.1B
Non Current Assets Total	2.8B	7.2B	7.2B	7.0B	8.1B	8.5B
Non Currrent Assets Other	212.5M	31M	512.8M	36M	41.4M	39.3M
Cash And Short Term Investments	460.3M	1.6B	1.2B	900M	1.0B	1.1B
Net Receivables	284.7M	550M	495M	404M	464.6M	265.1M
Common Stock Shares Outstanding	68.7M	109.0M	94.2M	83.2M	95.7M	85.0M
Liabilities And Stockholders Equity	4.2B	10.4B	10.0B	9.4B	10.8B	11.4B
Non Current Liabilities Total	1.2B	1.6B	1.6B	1.1B	1.3B	875.7M
Inventory	576.4M	1.1B	1.0B	851M	978.7M	511.7M
Other Current Assets	12.5M	38M	60M	222M	255.3M	268.1M
Other Stockholder Equity	132M	(240M)	(314.9M)	(449.5M)	(404.6M)	(384.3M)
Total Liab	1.7B	2.8B	2.4B	2.2B	2.5B	1.4B
Total Current Assets	1.3B	3.2B	2.7B	2.4B	2.7B	2.9B
Short Term Debt	296.3M	7.8M	11M	313M	360.0M	377.9M
Other Assets	222M	308M	533M	(1M)	(1.2M)	(1.1M)
Accumulated Other Comprehensive Income	82.3M	(249M)	(332M)	(297M)	(267.3M)	(253.9M)
Common Stock	379.6M	3.4B	2.7B	2.6B	3.0B	3.1B
Good Will	557.6M	2.0B	1.9B	1.9B	2.2B	2.4B
Intangible Assets	403.9M	833M	765M	735M	845.3M	588.2M
Short Term Investments	(42.5M)	(3.8M)	27M	721M	829.2M	870.6M
Long Term Debt	650M	637M	499M	199M	179.1M	170.1M
Long Term Debt Total	658M	637M	499M	525M	603.8M	616.4M
Property Plant Equipment	2.1B	1.7B	4.1B	4.0B	4.6B	2.6B
Other Liab	693M	662M	1.1B	1.0B	1.2B	803.5M
Net Tangible Assets	1.2B	1.5B	4.8B	4.9B	5.6B	5.9B
Cash And Equivalents	12.4M	461M	721M	456M	524.4M	316.3M
Net Invested Capital	3.8B	8.2B	8.1B	7.7B	8.9B	6.0B
Non Current Liabilities Other	30M	38M	18M	23M	26.5M	28.1M
Net Working Capital	1.0B	2.0B	2.0B	1.3B	1.5B	1.3B

Pair Trading with West Fraser

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if West Fraser position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in West Fraser will appreciate offsetting losses from the drop in the long position's value.

Moving against West Stock

0.59	GOOG	Alphabet CDR	Pair Corr
0.53	AZS	Arizona Gold Silver	Pair Corr
0.51	FDR	Flinders Resources	Pair Corr
0.33	AAPL	Apple Inc CDR Earnings Call Today	Pair Corr
0.33	AMZN	Amazon CDR Earnings Call Today	Pair Corr

The ability to find closely correlated positions to West Fraser could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West Fraser when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back West Fraser - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling West Fraser Timber to buy it.

The correlation of West Fraser is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as West Fraser moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West Fraser Timber moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for West Fraser can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:

How To Invest In West

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Is West Stock a good investment?

Details

What is West Fraser's Net Worth?

Details

Largest Paper & Forest Products Companies

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Largest Lumber & Wood Production Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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West Net Debt vs Total Liab Analysis

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

Correlation Coefficient

Net Debt

Total Liab

West Fraser fundamental ratios Correlations

West Fraser Account Relationship Matchups

High Positive Relationship

High Negative Relationship

West Fraser fundamental ratios Accounts

Pair Trading with West Fraser

Moving against West Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Property Plant And Equipment Net

Common Stock	- 0.91	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Total Current Assets	- 0.88	Net Debt
Cash	- 0.88	Net Debt
Retained Earnings	- 0.88	Net Debt
Net Debt	- 0.88	Total Assets