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Acadian Timber Corp
Buy, Hold or Sell?

Should you buy, hold or sell Acadian Timber Corp?

I guess you are interested in Acadian Timber Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Acadian Timber Corp

Let's start. I'm going to help you getting a better view of Acadian Timber Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Acadian Timber Corp even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Acadian Timber Corp is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Acadian Timber Corp. The closing price on 2023-03-24 was $11.63 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Acadian Timber Corp Daily Candlestick Chart
Acadian Timber Corp Daily Candlestick Chart
Summary









1. Valuation of Acadian Timber Corp




Current price per share

$11.63

2. Growth of Acadian Timber Corp




Is Acadian Timber Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$221m$211.9m$2.9m1.4%

How much money is Acadian Timber Corp making?

Current yearPrevious yearGrowGrow %
Making money$6.4m$3.3m$3m47.4%
Net Profit Margin39.0%19.7%--

How much money comes from the company's main activities?

3. Financial Health of Acadian Timber Corp




Comparing to competitors in the Lumber & Wood Production industry




  Industry Rankings (Lumber & Wood Production)  


Richest
#22 / 68

Most Revenue
#50 / 68

Most Profit
#24 / 68


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Acadian Timber Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Acadian Timber Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • A Net Profit Margin of 92.6% means that $0.93 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Acadian Timber Corp:

  • The MRQ is 92.6%. The company is making a huge profit. +2
  • The TTM is 39.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ92.6%TTM39.0%+53.6%
TTM39.0%YOY19.7%+19.3%
TTM39.0%5Y26.7%+12.4%
5Y26.7%10Y28.0%-1.4%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ92.6%2.8%+89.8%
TTM39.0%5.2%+33.8%
YOY19.7%4.3%+15.4%
5Y26.7%2.1%+24.6%
10Y28.0%3.2%+24.8%
1.1.2. Return on Assets

Shows how efficient Acadian Timber Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • 4.0% Return on Assets means that Acadian Timber Corp generated $0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Acadian Timber Corp:

  • The MRQ is 4.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.0%TTM1.6%+2.4%
TTM1.6%YOY0.9%+0.7%
TTM1.6%5Y1.2%+0.5%
5Y1.2%10Y1.3%-0.1%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%0.3%+3.7%
TTM1.6%1.6%+0.0%
YOY0.9%1.1%-0.2%
5Y1.2%1.5%-0.3%
10Y1.3%1.5%-0.2%
1.1.3. Return on Equity

Shows how efficient Acadian Timber Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • 7.2% Return on Equity means Acadian Timber Corp generated $0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Acadian Timber Corp:

  • The MRQ is 7.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM3.0%+4.3%
TTM3.0%YOY1.6%+1.4%
TTM3.0%5Y2.0%+0.9%
5Y2.0%10Y2.2%-0.2%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%0.5%+6.7%
TTM3.0%2.3%+0.7%
YOY1.6%2.0%-0.4%
5Y2.0%2.5%-0.5%
10Y2.2%2.3%-0.1%

1.2. Operating Efficiency of Acadian Timber Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Acadian Timber Corp is operating .

  • Measures how much profit Acadian Timber Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Acadian Timber Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM15.2%-15.2%
TTM15.2%YOY22.5%-7.4%
TTM15.2%5Y22.9%-7.7%
5Y22.9%10Y14.4%+8.5%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.5%-5.5%
TTM15.2%8.4%+6.8%
YOY22.5%8.3%+14.2%
5Y22.9%5.0%+17.9%
10Y14.4%4.0%+10.4%
1.2.2. Operating Ratio

Measures how efficient Acadian Timber Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • An Operation Ratio of 1.57 means that the operating costs are $1.57 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Acadian Timber Corp:

  • The MRQ is 1.572. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.503. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.572TTM1.503+0.069
TTM1.503YOY1.452+0.051
TTM1.5035Y1.432+0.071
5Y1.43210Y1.124+0.308
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5721.533+0.039
TTM1.5031.457+0.046
YOY1.4521.4520.000
5Y1.4321.296+0.136
10Y1.1241.163-0.039

1.3. Liquidity of Acadian Timber Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Acadian Timber Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • A Current Ratio of 1.01 means the company has $1.01 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Acadian Timber Corp:

  • The MRQ is 1.014. The company is just able to pay all its short-term debts.
  • The TTM is 1.143. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.014TTM1.143-0.129
TTM1.143YOY1.308-0.165
TTM1.1435Y1.631-0.488
5Y1.63110Y1.155+0.475
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0142.031-1.017
TTM1.1431.960-0.817
YOY1.3081.715-0.407
5Y1.6311.777-0.146
10Y1.1551.579-0.424
1.3.2. Quick Ratio

Measures if Acadian Timber Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • A Quick Ratio of 0.51 means the company can pay off $0.51 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Acadian Timber Corp:

  • The MRQ is 0.513. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.617. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.513TTM0.617-0.105
TTM0.617YOY0.552+0.066
TTM0.6175Y0.610+0.008
5Y0.61010Y0.402+0.208
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5130.536-0.023
TTM0.6170.604+0.013
YOY0.5520.718-0.166
5Y0.6100.603+0.007
10Y0.4020.602-0.200

1.4. Solvency of Acadian Timber Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Acadian Timber Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Acadian Timber Corp to Lumber & Wood Production industry mean.
  • A Debt to Asset Ratio of 0.45 means that Acadian Timber Corp assets are financed with 44.6% credit (debt) and the remaining percentage (100% - 44.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Acadian Timber Corp:

  • The MRQ is 0.446. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.443. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.446TTM0.443+0.003
TTM0.443YOY0.432+0.011
TTM0.4435Y0.427+0.016
5Y0.42710Y0.415+0.013
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4460.440+0.006
TTM0.4430.441+0.002
YOY0.4320.427+0.005
5Y0.4270.440-0.013
10Y0.4150.448-0.033
1.4.2. Debt to Equity Ratio

Measures if Acadian Timber Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • A Debt to Equity ratio of 80.4% means that company has $0.80 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Acadian Timber Corp:

  • The MRQ is 0.804. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.795. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.804TTM0.795+0.009
TTM0.795YOY0.760+0.035
TTM0.7955Y0.747+0.048
5Y0.74710Y0.710+0.037
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8040.769+0.035
TTM0.7950.7950.000
YOY0.7600.760+0.000
5Y0.7470.861-0.114
10Y0.7100.814-0.104

2. Market Valuation of Acadian Timber Corp

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Acadian Timber Corp generates.

  • Above 15 is considered overpriced but always compare Acadian Timber Corp to the Lumber & Wood Production industry mean.
  • A PE ratio of 11.74 means the investor is paying $11.74 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Acadian Timber Corp:

  • The EOD is 12.319. Very good. +2
  • The MRQ is 11.736. Very good. +2
  • The TTM is 54.995. Good. +1
Trends
Current periodCompared to+/- 
EOD12.319MRQ11.736+0.583
MRQ11.736TTM54.995-43.259
TTM54.995YOY1,040.928-985.933
TTM54.9955Y248.906-193.911
5Y248.90610Y173.539+75.367
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD12.31911.340+0.979
MRQ11.7369.192+2.544
TTM54.99510.600+44.395
YOY1,040.92818.750+1,022.178
5Y248.90619.453+229.453
10Y173.53926.616+146.923
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Acadian Timber Corp.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Acadian Timber Corp:

  • The MRQ is 2.577. Seems overpriced? -1
  • The TTM is 64.372. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ2.577TTM64.372-61.796
TTM64.372YOY67,647.765-67,583.392
TTM64.3725Y13,612.532-13,548.160
5Y13,612.53210Y8,641.026+4,971.507
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ2.57715.453-12.876
TTM64.37234.201+30.171
YOY67,647.76532.207+67,615.558
5Y13,612.532105.486+13,507.046
10Y8,641.026115.247+8,525.779

2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Acadian Timber Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • A PB ratio of 0.85 means the investor is paying $0.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Acadian Timber Corp:

  • The EOD is 0.892. Very good. +2
  • The MRQ is 0.850. Very good. +2
  • The TTM is 1.006. Good. +1
Trends
Current periodCompared to+/- 
EOD0.892MRQ0.850+0.042
MRQ0.850TTM1.006-0.156
TTM1.006YOY1.226-0.220
TTM1.0065Y1.082-0.076
5Y1.08210Y2.319-1.237
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD0.8921.037-0.145
MRQ0.8501.133-0.283
TTM1.0061.273-0.267
YOY1.2261.354-0.128
5Y1.0821.458-0.376
10Y2.3191.859+0.460
2. Total Gains per Share

2.4. Latest News of Acadian Timber Corp

Does Acadian Timber Corp still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Acadian Timber Corp to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2023-03-22
13:47
Investing in Acadian Timber (TSE:ADN) three years ago would have delivered you a 52% gainRead
2023-03-08
13:10
With EPS Growth And More, Acadian Timber (TSE:ADN) Makes An Interesting CaseRead

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Acadian Timber Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3700.131+182%-0.019+105%0.278+33%0.127+192%
Book Value Growth--1.0291.010+2%0.999+3%1.040-1%1.022+1%
Book Value Per Share--13.03312.673+3%12.499+4%12.167+7%9.679+35%
Book Value Per Share Growth--1.0291.010+2%0.999+3%1.038-1%1.292-20%
Current Ratio--1.0141.143-11%1.308-22%1.631-38%1.155-12%
Debt To Asset Ratio--0.4460.443+1%0.432+3%0.427+4%0.415+7%
Debt To Equity Ratio--0.8040.795+1%0.760+6%0.747+8%0.710+13%
Dividend Per Share--0.1600.172-7%0.208-23%0.196-18%0.246-35%
Dividend Per Share Growth--1.0000.942+6%1.0000%0.966+4%1.714-42%
Eps--0.9440.381+148%0.200+371%0.248+281%0.192+391%
Eps Growth--4.5541.829+149%20.108-77%5.216-13%3.398+34%
Free Cash Flow Per Share--0.2800.164+71%0.171+63%0.132+112%0.242+16%
Free Cash Flow Per Share Growth--9.3653.303+184%1.520+516%1.506+522%1.719+445%
Free Cash Flow To Equity Per Share--0.120-0.008+106%-0.036+130%-0.045+138%0.136-12%
Free Cash Flow To Equity Per Share Growth--2.925-1.005+134%-0.471+116%-0.528+118%0.713+310%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.900+11%
Intrinsic Value_10Y_max--43.896--------
Intrinsic Value_10Y_min---0.701--------
Intrinsic Value_1Y_max--1.466--------
Intrinsic Value_1Y_min--0.536--------
Intrinsic Value_3Y_max--6.639--------
Intrinsic Value_3Y_min--1.095--------
Intrinsic Value_5Y_max--14.508--------
Intrinsic Value_5Y_min--1.085--------
Net Profit Margin--0.9260.390+137%0.197+370%0.267+247%0.280+231%
Operating Margin---0.152-100%0.225-100%0.229-100%0.144-100%
Operating Ratio--1.5721.503+5%1.452+8%1.432+10%1.124+40%
Pb Ratio0.892+5%0.8501.006-15%1.226-31%1.082-21%2.319-63%
Pe Ratio12.319+5%11.73654.995-79%1040.928-99%248.906-95%173.539-93%
Peg Ratio--2.57764.372-96%67647.765-100%13612.532-100%8641.026-100%
Price Per Share11.630+5%11.08012.723-13%15.322-28%13.126-16%13.390-17%
Price To Total Gains Ratio21.960+5%20.92253.312-61%88.508-76%79.147-74%12.155+72%
Profit Growth--4.5541.829+149%20.108-77%5.200-12%3.389+34%
Quick Ratio--0.5130.617-17%0.552-7%0.610-16%0.402+28%
Return On Assets--0.0400.016+144%0.009+340%0.012+242%0.013+207%
Return On Equity--0.0720.030+144%0.016+352%0.020+254%0.022+226%
Revenue Growth--1.0070.996+1%1.062-5%1.146-12%1.099-8%
Total Gains Per Share--0.5300.303+75%0.189+180%0.474+12%0.373+42%
Total Gains Per Share Growth--1.8831.302+45%0.981+92%1.503+25%5.130-63%
Usd Book Value--221019227.100214916189.125+3%211974279.950+4%208104809.497+6%171968022.798+29%
Usd Book Value Change Per Share--0.3700.131+182%-0.019+105%0.278+33%0.127+192%
Usd Book Value Per Share--13.03312.673+3%12.499+4%12.167+7%9.679+35%
Usd Dividend Per Share--0.1600.172-7%0.208-23%0.196-18%0.246-35%
Usd Eps--0.9440.381+148%0.200+371%0.248+281%0.192+391%
Usd Free Cash Flow--4743148.6002781815.175+71%2904432.625+63%1874627.970+153%937313.985+406%
Usd Free Cash Flow Per Share--0.2800.164+71%0.171+63%0.132+112%0.242+16%
Usd Free Cash Flow To Equity Per Share--0.120-0.008+106%-0.036+130%-0.045+138%0.136-12%
Usd Price Per Share11.630+5%11.08012.723-13%15.322-28%13.126-16%13.390-17%
Usd Profit--16010855.4006459610.975+148%3399086.700+371%4212789.183+280%3820320.751+319%
Usd Revenue--17286513.50016459300.525+5%17415498.325-1%17221767.761+0%14536089.737+19%
Usd Total Gains Per Share--0.5300.303+75%0.189+180%0.474+12%0.373+42%
 EOD+2 -3MRQTTM+32 -10YOY+27 -155Y+27 -1510Y+29 -14

3.2. Fundamental Score

Let's check the fundamental score of Acadian Timber Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.319
Price to Book Ratio (EOD)Between0-10.892
Net Profit Margin (MRQ)Greater than00.926
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.513
Current Ratio (MRQ)Greater than11.014
Debt to Asset Ratio (MRQ)Less than10.446
Debt to Equity Ratio (MRQ)Less than10.804
Return on Equity (MRQ)Greater than0.150.072
Return on Assets (MRQ)Greater than0.050.040
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Acadian Timber Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.603
Ma 20Greater thanMa 5011.600
Ma 50Greater thanMa 10012.048
Ma 100Greater thanMa 20011.570
OpenGreater thanClose11.630
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets547,836
Total Liabilities244,113
Total Stockholder Equity303,723
 As reported
Total Liabilities 244,113
Total Stockholder Equity+ 303,723
Total Assets = 547,836

Assets

Total Assets547,836
Total Current Assets16,345
Long-term Assets16,345
Total Current Assets
Cash And Cash Equivalents 6,230
Net Receivables 8,265
Inventory 1,850
Total Current Assets  (as reported)16,345
Total Current Assets  (calculated)16,345
+/-0
Long-term Assets
Long-term Assets Other 437,365
Long-term Assets  (as reported)531,491
Long-term Assets  (calculated)437,365
+/- 94,126

Liabilities & Shareholders' Equity

Total Current Liabilities16,123
Long-term Liabilities227,990
Total Stockholder Equity303,723
Total Current Liabilities
Accounts payable 11,206
Total Current Liabilities  (as reported)16,123
Total Current Liabilities  (calculated)11,206
+/- 4,917
Long-term Liabilities
Long term Debt 107,937
Long-term Liabilities  (as reported)227,990
Long-term Liabilities  (calculated)107,937
+/- 120,053
Total Stockholder Equity
Retained Earnings 101,992
Total Stockholder Equity (as reported)303,723
Total Stockholder Equity (calculated)101,992
+/- 201,731
Other
Capital Stock142,765
Common Stock Shares Outstanding 16,959
Net Debt 101,707
Net Invested Capital 411,660
Net Working Capital 222



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
> Total Assets 
213,901
210,884
212,064
205,850
209,284
215,449
223,903
220,929
217,523
212,222
204,415
188,199
186,122
187,736
197,905
199,810
220,110
205,805
212,710
218,556
290,310
288,065
271,315
283,411
286,877
282,701
290,392
287,477
283,689
278,994
286,327
278,799
274,819
276,617
275,299
349,734
334,905
334,766
329,169
324,961
342,650
340,911
340,952
251,732
346,286
343,296
361,062
293,700
462,006
538,344
465,429
361,087
490,859
484,173
483,962
498,709
516,141
505,478
506,400
513,398
513,308
506,012
514,808
516,642
515,302
520,394
537,117
547,836
547,836537,117520,394515,302516,642514,808506,012513,308513,398506,400505,478516,141498,709483,962484,173490,859361,087465,429538,344462,006293,700361,062343,296346,286251,732340,952340,911342,650324,961329,169334,766334,905349,734275,299276,617274,819278,799286,327278,994283,689287,477290,392282,701286,877283,411271,315288,065290,310218,556212,710205,805220,110199,810197,905187,736186,122188,199204,415212,222217,523220,929223,903215,449209,284205,850212,064210,884213,901
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,924
29,498
21,259
27,833
22,992
35,562
34,662
34,818
23,688
36,979
29,025
26,884
22,993
28,106
17,275
21,316
19,361
21,746
15,211
18,732
17,256
19,331
13,383
18,713
16,345
16,34518,71313,38319,33117,25618,73215,21121,74619,36121,31617,27528,10622,99326,88429,02536,97923,68834,81834,66235,56222,99227,83321,25929,49815,9240000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
11,497
6,153
3,127
4,916
10,525
6,953
4,791
7,396
10,389
5,590
2,151
1,996
6,007
1,221
2,915
7,322
11,645
6,795
7,366
3,941
6,544
6,026
6,496
6,184
6,336
5,191
8,243
8,062
9,990
7,424
11,518
10,894
13,027
12,473
12,026
12,800
15,753
14,532
15,079
10,884
16,771
15,588
16,210
15,219
22,264
26,613
21,599
16,366
22,644
20,881
12,900
7,601
12,029
9,776
7,406
10,258
11,202
7,853
10,454
7,316
7,050
6,791
3,766
6,230
6,2303,7666,7917,0507,31610,4547,85311,20210,2587,4069,77612,0297,60112,90020,88122,64416,36621,59926,61322,26415,21916,21015,58816,77110,88415,07914,53215,75312,80012,02612,47313,02710,89411,5187,4249,9908,0628,2435,1916,3366,1846,4966,0266,5443,9417,3666,79511,6457,3222,9151,2216,0071,9962,1515,59010,3897,3964,7916,95310,5254,9163,1276,15311,4970000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,850
9,686
4,741
10,533
6,994
11,009
7,117
11,745
5,301
10,273
7,025
10,191
13,847
13,384
6,945
12,732
8,146
7,869
6,744
7,425
8,490
9,343
5,866
14,004
8,265
8,26514,0045,8669,3438,4907,4256,7447,8698,14612,7326,94513,38413,84710,1917,02510,2735,30111,7457,11711,0096,99410,5334,7419,6863,8500000000000000000000000000000000000000000000
       Inventory 
2,397
1,880
2,061
2,573
2,680
1,704
2,320
2,007
2,047
1,567
1,221
1,151
2,458
1,290
1,777
1,711
2,068
1,503
1,652
802
1,691
1,456
1,354
2,219
4,095
920
1,367
1,664
4,495
952
879
1,299
2,804
961
647
1,025
2,754
786
1,356
1,005
3,800
657
1,140
1,190
3,040
930
1,090
779
2,289
932
1,474
2,021
4,062
1,119
1,098
1,545
2,693
554
1,178
957
2,675
614
853
1,450
2,938
726
943
1,850
1,8509437262,9381,4508536142,6759571,1785542,6931,5451,0981,1194,0622,0211,4749322,2897791,0909303,0401,1901,1406573,8001,0051,3567862,7541,0256479612,8041,2998799524,4951,6641,3679204,0952,2191,3541,4561,6918021,6521,5032,0681,7111,7771,2902,4581,1511,2211,5672,0472,0072,3201,7042,6802,5732,0611,8802,397
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
453,880
455,148
457,078
475,716
488,035
488,203
485,084
494,037
491,562
490,801
496,076
499,386
495,971
507,011
518,404
531,491
531,491518,404507,011495,971499,386496,076490,801491,562494,037485,084488,203488,035475,716457,078455,148453,8800000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
196,011
201,128
199,337
187,923
185,252
195,759
202,219
199,759
192,964
192,635
184,782
170,776
163,045
171,139
181,725
180,608
183,573
174,807
178,700
181,043
254,740
258,252
240,730
259,692
263,402
260,619
265,816
266,068
261,262
259,103
261,479
256,435
249,090
256,352
248,522
326,206
308,165
310,772
301,450
300,959
312,920
315,663
312,082
232,409
312,199
317,401
328,321
266,806
420,304
496,535
424,471
332,896
0
0
450,938
469,576
481,895
482,063
478,944
487,897
485,422
484,661
489,936
493,246
489,831
500,871
512,264
0
0512,264500,871489,831493,246489,936484,661485,422487,897478,944482,063481,895469,576450,93800332,896424,471496,535420,304266,806328,321317,401312,199232,409312,082315,663312,920300,959301,450310,772308,165326,206248,522256,352249,090256,435261,479259,103261,262266,068265,816260,619263,402259,692240,730258,252254,740181,043178,700174,807183,573180,608181,725171,139163,045170,776184,782192,635192,964199,759202,219195,759185,252187,923199,337201,128196,011
       Intangible Assets 
0
0
0
5,232
5,273
5,774
6,152
6,120
5,945
5,974
5,730
5,013
4,837
5,246
5,705
5,798
6,007
5,730
5,928
6,118
6,329
6,373
5,847
6,021
6,197
6,038
6,251
6,188
6,039
5,849
5,955
5,780
5,557
5,754
5,483
5,284
4,839
4,915
4,611
4,436
4,721
4,750
4,677
3,400
4,590
4,636
4,908
3,901
6,140
7,146
6,140
4,502
0
0
0
758
0
0
0
0
0
0
0
0
0
0
0
0
0000000000007580004,5026,1407,1466,1403,9014,9084,6364,5903,4004,6774,7504,7214,4364,6114,9154,8395,2845,4835,7545,5575,7805,9555,8496,0396,1886,2516,0386,1976,0215,8476,3736,3296,1185,9285,7306,0075,7985,7055,2464,8375,0135,7305,9745,9456,1206,1525,7745,2735,232000
       Other Assets 
0
0
0
5,232
5,273
5,774
6,152
6,120
5,945
5,974
5,730
5,013
4,837
5,246
5,705
5,798
20,682
19,914
19,337
18,556
14,132
13,412
11,852
9,001
8,681
8,142
7,818
6,890
6,154
5,849
5,955
5,780
5,557
5,754
5,483
5,284
4,839
4,915
4,611
4,436
4,721
4,750
4,677
3,400
4,590
4,636
4,908
3,901
6,140
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000006,1403,9014,9084,6364,5903,4004,6774,7504,7214,4364,6114,9154,8395,2845,4835,7545,5575,7805,9555,8496,1546,8907,8188,1428,6819,00111,85213,41214,13218,55619,33719,91420,6825,7985,7055,2464,8375,0135,7305,9745,9456,1206,1525,7745,2735,232000
> Total Liabilities 
115,638
110,813
114,368
110,987
118,084
134,135
143,621
137,052
134,003
139,066
130,202
112,673
84,933
84,881
91,377
94,011
108,036
100,883
103,780
101,304
101,961
101,589
100,687
100,653
100,004
101,873
104,542
102,029
102,727
105,307
111,102
107,291
109,128
106,951
113,189
135,801
135,172
133,699
137,407
132,022
141,481
139,340
142,686
103,404
146,332
142,404
150,520
119,542
185,350
216,939
190,283
148,143
202,244
197,468
211,472
212,008
226,366
219,482
223,069
220,158
220,515
215,345
224,579
225,157
225,051
228,125
242,015
244,113
244,113242,015228,125225,051225,157224,579215,345220,515220,158223,069219,482226,366212,008211,472197,468202,244148,143190,283216,939185,350119,542150,520142,404146,332103,404142,686139,340141,481132,022137,407133,699135,172135,801113,189106,951109,128107,291111,102105,307102,727102,029104,542101,873100,004100,653100,687101,589101,961101,304103,780100,883108,03694,01191,37784,88184,933112,673130,202139,066134,003137,052143,621134,135118,084110,987114,368110,813115,638
   > Total Current Liabilities 
9,244
4,923
7,798
7,205
8,472
5,112
7,766
6,823
48,631
49,065
8,549
5,753
40,127
40,334
45,455
4,087
84,893
78,151
81,333
80,943
10,522
8,749
11,986
7,831
6,551
9,038
11,429
8,200
8,515
9,270
14,717
10,478
11,677
8,784
14,602
8,974
81,385
79,356
11,039
6,200
8,444
6,525
10,113
4,271
12,073
6,855
12,607
10,851
12,854
11,969
14,974
9,770
15,834
11,564
26,231
114,906
15,030
10,290
15,818
13,479
14,890
11,414
15,971
13,639
14,806
11,543
17,120
16,123
16,12317,12011,54314,80613,63915,97111,41414,89013,47915,81810,29015,030114,90626,23111,56415,8349,77014,97411,96912,85410,85112,6076,85512,0734,27110,1136,5258,4446,20011,03979,35681,3858,97414,6028,78411,67710,47814,7179,2708,5158,20011,4299,0386,5517,83111,9868,74910,52280,94381,33378,15184,8934,08745,45540,33440,1275,7538,54949,06548,6316,8237,7665,1128,4727,2057,7984,9239,244
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
72,234
72,388
72,024
0
90,517
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000090,517072,02472,38872,23400000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,752
72,234
72,388
72,024
57,738
90,517
0
0
0
0
0
9,930
100,877
1,195
0
0
0
0
0
0
0
0
0
0
0
000000000001,195100,8779,9300000090,51757,73872,02472,38872,23453,7520000000000000000000000000000000000000000000
       Accounts payable 
8,559
4,207
7,081
6,519
7,780
4,354
6,959
6,020
6,919
7,149
7,797
5,095
6,027
3,354
5,144
4,087
6,303
4,039
5,830
4,514
6,965
5,167
8,700
4,446
3,068
5,645
7,915
4,722
5,121
5,983
9,770
7,230
8,554
5,550
11,521
6,005
6,109
4,967
8,211
3,178
5,228
3,288
6,927
1,954
8,633
3,381
8,929
7,927
7,153
6,358
10,153
5,472
8,004
5,088
11,462
9,190
8,996
5,451
10,979
8,640
7,764
6,237
11,132
8,800
9,258
6,266
12,244
11,206
11,20612,2446,2669,2588,80011,1326,2377,7648,64010,9795,4518,9969,19011,4625,0888,0045,47210,1536,3587,1537,9278,9293,3818,6331,9546,9273,2885,2283,1788,2114,9676,1096,00511,5215,5508,5547,2309,7705,9835,1214,7227,9155,6453,0684,4468,7005,1676,9654,5145,8304,0396,3034,0875,1443,3546,0275,0957,7977,1496,9196,0206,9594,3547,7806,5197,0814,2078,559
       Other Current Liabilities 
685
716
717
686
692
757
807
803
780
783
752
657
872
946
1,029
0
2,068
1,973
2,138
2,407
3,557
3,582
3,286
3,384
3,483
3,394
3,514
3,478
3,394
3,288
3,347
3,249
3,123
3,234
3,082
2,970
2,967
3,014
2,828
3,022
3,216
3,236
3,186
2,316
3,439
3,474
3,678
2,924
5,201
5,611
4,821
3,931
0
0
4,839
4,839
4,839
4,839
4,839
4,839
7,126
5,177
4,839
4,839
5,548
5,277
4,876
0
04,8765,2775,5484,8394,8395,1777,1264,8394,8394,8394,8394,8394,839003,9314,8215,6115,2012,9243,6783,4743,4392,3163,1863,2363,2163,0222,8283,0142,9672,9703,0823,2343,1233,2493,3473,2883,3943,4783,5143,3943,4833,3843,2863,5823,5572,4072,1381,9732,06801,029946872657752783780803807757692686717716685
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
186,410
185,904
185,241
97,102
211,336
209,192
207,251
206,679
205,625
203,931
208,608
211,518
210,245
216,582
224,895
227,990
227,990224,895216,582210,245211,518208,608203,931205,625206,679207,251209,192211,33697,102185,241185,904186,4100000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
00000000100000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
98,262
100,072
97,697
94,862
91,200
81,314
80,282
83,877
83,520
73,156
74,213
75,526
101,190
102,855
106,528
105,798
112,074
104,922
108,930
117,252
188,349
186,476
170,629
182,758
186,873
180,828
185,850
185,448
180,962
173,687
175,225
171,508
165,691
169,666
162,110
213,933
199,734
201,067
191,762
192,938
201,169
201,571
198,266
148,328
199,954
200,893
210,543
174,158
276,656
321,405
275,146
212,943
288,615
286,705
272,490
286,701
289,775
285,996
283,331
293,240
292,793
290,667
290,229
291,485
290,251
292,269
295,102
303,723
303,723295,102292,269290,251291,485290,229290,667292,793293,240283,331285,996289,775286,701272,490286,705288,615212,943275,146321,405276,656174,158210,543200,893199,954148,328198,266201,571201,169192,938191,762201,067199,734213,933162,110169,666165,691171,508175,225173,687180,962185,448185,850180,828186,873182,758170,629186,476188,349117,252108,930104,922112,074105,798106,528102,855101,19075,52674,21373,15683,52083,87780,28281,31491,20094,86297,697100,07298,262
   Common Stock
95,866
99,982
100,027
95,720
96,473
105,642
112,557
111,969
108,761
109,294
104,838
91,716
110,309
119,625
130,097
132,224
137,975
131,599
136,138
140,522
144,369
145,388
133,384
137,361
141,368
137,739
142,591
141,168
137,753
133,435
135,855
131,853
126,757
131,259
125,071
120,529
110,393
112,116
105,195
101,197
107,694
108,369
106,685
77,565
104,707
105,767
111,973
89,001
140,572
163,020
140,067
102,237
0
0
139,394
139,394
139,394
139,394
139,394
139,394
139,394
139,394
139,394
139,394
139,394
140,520
141,622
0
0141,622140,520139,394139,394139,394139,394139,394139,394139,394139,394139,394139,394139,39400102,237140,067163,020140,57289,001111,973105,767104,70777,565106,685108,369107,694101,197105,195112,116110,393120,529125,071131,259126,757131,853135,855133,435137,753141,168142,591137,739141,368137,361133,384145,388144,369140,522136,138131,599137,975132,224130,097119,625110,30991,716104,838109,294108,761111,969112,557105,64296,47395,720100,02799,98295,866
   Retained Earnings 
2,397
90
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,980
41,088
37,244
45,397
45,506
43,089
43,259
44,280
43,209
40,252
39,370
39,655
38,934
38,407
37,039
93,404
89,340
88,951
86,567
91,741
93,475
93,202
91,580
70,763
95,247
95,126
98,570
85,157
78,441
84,948
74,210
63,012
87,278
88,223
72,514
83,903
75,353
75,743
76,151
86,627
87,611
88,670
83,917
85,953
85,272
84,932
84,887
101,992
101,99284,88784,93285,27285,95383,91788,67087,61186,62776,15175,74375,35383,90372,51488,22387,27863,01274,21084,94878,44185,15798,57095,12695,24770,76391,58093,20293,47591,74186,56788,95189,34093,40437,03938,40738,93439,65539,37040,25243,20944,28043,25943,08945,50645,39737,24441,08843,980000000000000000000902,397
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35,344
47,316
47,155
43,707
36,627
57,643
73,437
60,869
47,694
0
0
60,582
63,404
75,028
70,859
67,786
67,220
65,788
62,603
66,918
66,138
65,585
66,817
68,593
0
068,59366,81765,58566,13866,91862,60365,78867,22067,78670,85975,02863,40460,5820047,69460,86973,43757,64336,62743,70747,15547,31635,3440000000000000000000000000000000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.