Interfor Historical Balance Sheet

IFP Stock  CAD 20.95  0.11  0.52%   
Trend analysis of Interfor Corp balance sheet accounts such as Other Current Liabilities of 37.4 M or Total Current Liabilities of 353 M provides information on Interfor Corp's total assets, liabilities, and equity, which is the actual value of Interfor Corp to its prevalent stockholders. By breaking down trends over time using Interfor Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Interfor Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Interfor Corp is a good buy for the upcoming year.

Interfor Corp Inventory

169.83 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Interfor Corp. 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.

About Interfor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Interfor Corp at a specified time, usually calculated after every quarter, six months, or one year. Interfor Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Interfor Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Interfor currently owns. An asset can also be divided into two categories, current and non-current.

Interfor Corp Balance Sheet Chart

At this time, Interfor Corp's Retained Earnings are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 2.9 B, while Other Current Liabilities is likely to drop about 37.4 M.

Total Assets

Total assets refers to the total amount of Interfor Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Interfor Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Interfor Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Interfor Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Interfor Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Interfor Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Interfor Corp. 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, Interfor Corp's Retained Earnings are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 2.9 B, while Other Current Liabilities is likely to drop about 37.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total414.8M833.2M938M984.9M
Total Assets2.6B3.6B3.4B3.6B

Interfor Corp balance sheet Correlations

0.960.550.970.990.990.720.970.750.990.930.980.00.980.80.47-0.420.990.980.7-0.210.310.320.320.930.99
0.960.380.90.910.980.860.880.720.980.940.95-0.010.990.710.58-0.40.990.950.53-0.090.30.140.130.940.96
0.550.380.660.590.470.060.630.240.470.420.49-0.090.440.560.05-0.240.480.550.7-0.250.090.570.550.420.53
0.970.90.660.970.940.620.970.680.940.880.95-0.060.920.780.35-0.40.950.960.74-0.240.190.410.410.860.97
0.990.910.590.970.970.630.980.770.960.870.950.070.940.820.43-0.440.950.960.77-0.260.330.410.410.890.96
0.990.980.470.940.970.80.940.761.00.930.980.020.990.790.52-0.430.990.980.61-0.170.340.20.20.950.99
0.720.860.060.620.630.80.620.550.820.850.79-0.180.840.540.52-0.240.810.780.070.070.18-0.39-0.40.830.79
0.970.880.630.970.980.940.620.70.940.910.96-0.130.920.820.32-0.320.940.960.75-0.340.20.390.390.880.95
0.750.720.240.680.770.760.550.70.740.630.750.220.710.880.56-0.450.710.670.68-0.060.330.170.180.70.73
0.990.980.470.940.961.00.820.940.740.950.98-0.030.990.780.49-0.40.990.990.59-0.170.310.170.170.960.99
0.930.940.420.880.870.930.850.910.630.950.96-0.30.960.730.33-0.220.960.950.47-0.260.130.050.040.940.94
0.980.950.490.950.950.980.790.960.750.980.96-0.140.980.810.41-0.350.980.980.61-0.20.170.190.190.930.98
0.0-0.01-0.09-0.060.070.02-0.18-0.130.22-0.03-0.3-0.14-0.06-0.10.38-0.54-0.06-0.120.180.30.750.290.31-0.02-0.05
0.980.990.440.920.940.990.840.920.710.990.960.98-0.060.740.52-0.381.00.970.56-0.140.290.170.160.960.98
0.80.710.560.780.820.790.540.820.880.780.730.81-0.10.740.42-0.340.760.770.75-0.250.110.20.20.710.79
0.470.580.050.350.430.520.520.320.560.490.330.410.380.520.42-0.40.490.420.310.490.440.020.010.470.45
-0.42-0.4-0.24-0.4-0.44-0.43-0.24-0.32-0.45-0.4-0.22-0.35-0.54-0.38-0.34-0.4-0.39-0.34-0.38-0.24-0.43-0.24-0.25-0.36-0.39
0.990.990.480.950.950.990.810.940.710.990.960.98-0.061.00.760.49-0.390.980.6-0.160.280.210.210.950.99
0.980.950.550.960.960.980.780.960.670.990.950.98-0.120.970.770.42-0.340.980.6-0.220.250.210.210.930.99
0.70.530.70.740.770.610.070.750.680.590.470.610.180.560.750.31-0.380.60.6-0.30.220.80.80.50.61
-0.21-0.09-0.25-0.24-0.26-0.170.07-0.34-0.06-0.17-0.26-0.20.3-0.14-0.250.49-0.24-0.16-0.22-0.30.15-0.27-0.27-0.11-0.17
0.310.30.090.190.330.340.180.20.330.310.130.170.750.290.110.44-0.430.280.250.220.150.180.180.420.25
0.320.140.570.410.410.2-0.390.390.170.170.050.190.290.170.20.02-0.240.210.210.8-0.270.181.00.090.2
0.320.130.550.410.410.2-0.40.390.180.170.040.190.310.160.20.01-0.250.210.210.8-0.270.181.00.090.2
0.930.940.420.860.890.950.830.880.70.960.940.93-0.020.960.710.47-0.360.950.930.5-0.110.420.090.090.93
0.990.960.530.970.960.990.790.950.730.990.940.98-0.050.980.790.45-0.390.990.990.61-0.170.250.20.20.93
Click cells to compare fundamentals

Interfor Corp Account Relationship Matchups

Interfor Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.8B2.6B3.6B3.4B3.6B
Short Long Term Debt Total297.6M422.2M414.8M833.2M938M984.9M
Other Current Liab29.6M44.6M112.0M53.6M73.4M37.4M
Total Current Liabilities137.6M189.7M321.6M326.0M336.2M353.0M
Total Stockholder Equity831.0M1.1B1.6B2.0B1.7B1.8B
Property Plant And Equipment Net772.3M764.6M1.1B1.7B1.7B1.7B
Net Debt262.7M(35.1M)(123.8M)755.6M883M927.2M
Retained Earnings236.1M501.7M1.1B1.4B1.2B1.2B
Accounts Payable97.7M122.1M123.5M250M201.3M110.1M
Non Current Assets Total1.0B1.1B1.6B2.8B2.7B2.9B
Non Currrent Assets Other10.0M49.1M60.6M256.2M262.8M275.9M
Net Receivables88.6M117.5M160.5M278.2M252.8M265.4M
Common Stock Shares Outstanding67.3M67.1M63.8M55.1M51.4M54.8M
Liabilities And Stockholders Equity1.3B1.8B2.6B3.6B3.4B3.6B
Non Current Liabilities Total373.3M573.1M645.9M1.3B1.3B1.4B
Inventory181.6M160.2M250.5M396.9M339.2M169.8M
Other Current Assets20.4M18.0M16.1M25.9M26.9M17.9M
Other Stockholder Equity4.5M5.2M4.7M5.5M6.2M5.9M
Total Liab510.9M762.9M967.5M1.6B1.7B1.8B
Property Plant And Equipment Gross772.3M764.6M1.9B2.6B2.8B2.9B
Total Current Assets325.5M753.1M965.7M778.6M673.9M338.2M
Accumulated Other Comprehensive Income56.8M49.8M58.4M175.9M145.5M152.8M
Short Term Debt10.1M18.6M21.3M22.1M61.3M74.6M
Cash34.9M457.4M538.6M77.6M55M84.5M
Cash And Short Term Investments34.9M457.4M538.6M77.6M55M86.7M
Intangible Assets88.4M137.3M133.2M272.4M250.5M263.0M
Good Will138.7M138.8M342.3M532.2M530.5M557.0M
Common Stock533.7M523.6M484.7M408.7M408.9M534.1M
Other Liab85.8M169.5M252.4M455.7M524.1M550.3M
Net Tangible Assets628.2M826.5M1.2B1.3B1.4B778.9M
Other Assets16.9M49.3M61.0M19.8M22.8M24.9M
Long Term Debt259.8M375.1M366.6M790.6M853.6M431.3M
Deferred Long Term Liab1.5M1.3M2.1M2.3M2.1M1.5M
Property Plant Equipment796.6M787.0M1.1B1.8B2.0B2.1B
Long Term Debt Total287.5M403.6M393.5M811.1M932.8M979.4M
Capital Surpluse4.5M5.2M4.7M5.5M4.9M4.8M

Pair Trading with Interfor Corp

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 Interfor Corp 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 Interfor Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Interfor Stock

  0.67AG First Majestic SilverPairCorr
  0.67IE Ivanhoe EnergyPairCorr
  0.71FDY Faraday Copper CorpPairCorr

Moving against Interfor Stock

  0.52INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Interfor Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interfor Corp 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 Interfor Corp - 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 Interfor Corp to buy it.
The correlation of Interfor Corp 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 Interfor Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interfor Corp 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 Interfor Corp 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 CorrelationCorrelation Matching

Other Information on Investing in Interfor Stock

Balance Sheet is a snapshot of the financial position of Interfor Corp at a specified time, usually calculated after every quarter, six months, or one year. Interfor Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Interfor Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Interfor currently owns. An asset can also be divided into two categories, current and non-current.