West Fraser Timber (WFG) Interest Expenses (2019 - 2022)
West Fraser Timber (WFG) reported Interest Expenses of $7.0 million for Q1 2022, down 31.85% on a YoY basis from $10.3 million in Q1 2021, and down 84.09% quarter-over-quarter from $44.0 million in Q3 2021.
West Fraser Timber (WFG) Interest Expenses (2019 - 2022) Analysis & Trends
West Fraser Timber has reported Interest Expenses for 4 years, with the latest figure at $7.0 million in Q1 2022.
- For the quarter ending Q1 2022, Interest Expenses fell 31.85% year-over-year to $7.0 million; the trailing twelve-month figure through Dec 2022 stood at $7.0 million (down 91.98% YoY), and the FY2021 full-year result was $45.0 million, up 204.65% from the prior year.
- Interest Expenses for Q1 2022 stood at $7.0 million, down from $44.0 million in the prior quarter.
- The five-year high for Interest Expenses was $44.0 million in Q3 2021, with the low at -$45.0 million in Q4 2020.
- Historically, Interest Expenses has averaged $6.1 million across 4 years, with a median of $10.3 million in 2021.
- Annual changes were most pronounced in 2020 — Interest Expenses plunged 32.35% — and 2021, when it jumped 185.59%.
- West Fraser Timber's Interest Expenses stood at -$34.0 million in 2019, then sank by 32.35% to -$45.0 million in 2020, then soared by 197.78% to $44.0 million in 2021, then tumbled by 84.09% to $7.0 million in 2022.
- The last three Interest Expenses figures came in at $7.0 million (Q1 2022), $44.0 million (Q3 2021), and $33.0 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | West Fraser Timber | 175.09 Bn | 174.89 Bn | 345.00 Mn | - |
| 2 | Simpson Manufacturing | 8.25 Bn | 7.91 Bn | 265.89 Mn | - |
| 3 | Ufp Industries | 4.93 Bn | 4.17 Bn | 235.89 Mn | 2.62 Mn |
| 4 | Boise Cascade | 2.68 Bn | 2.34 Bn | 1.35 Bn | 6.02 Mn |
| 5 | Jewett Cameron Trading | 7.88 Mn | 7.34 Mn | 1.65 Mn | - |
| 6 | CL Workshop | 30,815.30 | 30,815.30 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 7.00 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Sep 30, 2021 | 44.00 Mn |
| Sep 30, 2021 | 44.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Mar 31, 2021 | 10.27 Mn |
| Mar 31, 2021 | 10.27 Mn |
| Dec 31, 2020 | -45.00 Mn |
| Dec 31, 2020 | -45.00 Mn |
| Sep 30, 2020 | 30.00 Mn |
| Sep 30, 2020 | 30.00 Mn |
| Jun 30, 2020 | 22.00 Mn |
| Jun 30, 2020 | 22.00 Mn |
| Mar 31, 2020 | -12.00 Mn |
| Mar 31, 2020 | -12.00 Mn |
| Dec 31, 2019 | -34.00 Mn |
| Dec 31, 2019 | -34.00 Mn |