Tree Financial Statements From 2010 to 2024

TSL Stock  CAD 2.80  0.16  5.41%   
Tree Island financial statements provide useful quarterly and yearly information to potential Tree Island Steel investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tree Island financial statements helps investors assess Tree Island's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tree Island's valuation are summarized below:
Gross Profit
70.8 M
Profit Margin
(0.01)
Market Capitalization
72.9 M
Enterprise Value Revenue
0.4223
Revenue
208.9 M
We have found one hundred twenty available fundamental trend indicators for Tree Island Steel, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tree Island's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 94.1 M. Also, Enterprise Value is likely to grow to about 135.3 M

Tree Island Total Revenue

253.51 Million

Check Tree Island financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tree Island's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.6 M, Interest Expense of 1.7 M or Selling General Administrative of 13 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0521 or PTB Ratio of 0.84. Tree financial statements analysis is a perfect complement when working with Tree Island Valuation or Volatility modules.
  
This module can also supplement various Tree Island Technical models . Check out the analysis of Tree Island Correlation against competitors.

Tree Island Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets141.5 M172 M153.4 M
Very volatile
Short and Long Term Debt Total22.6 M23.8 M49.7 M
Very volatile
Other Current Liabilities28.5 K30 K2.6 M
Slightly volatile
Total Current Liabilities15.8 M16.7 M42.2 M
Slightly volatile
Total Stockholder Equity69.1 M126.9 M70.8 M
Slightly volatile
Property Plant And Equipment Net51.2 M66.6 M56.8 M
Very volatile
Net Debt3.3 M3.5 M39 M
Pretty Stable
Accounts Payable22.6 M15.1 M20.1 M
Pretty Stable
Cash21.4 M20.3 M7.5 M
Slightly volatile
Non Current Assets Total62.6 M69.5 M62.4 M
Pretty Stable
Non Currrent Assets OtherM2.8 M998.9 K
Slightly volatile
Cash And Short Term Investments21.4 M20.3 M7.5 M
Slightly volatile
Net Receivables26.4 M25.4 M24.6 M
Slightly volatile
Common Stock Shares Outstanding22 M27.8 M25.3 M
Slightly volatile
Liabilities And Stockholders Equity141.5 M172 M153.4 M
Very volatile
Non Current Liabilities Total34.4 M28.4 M35.4 M
Very volatile
Inventory52.7 M52.1 M56.9 M
Pretty Stable
Other Current Assets3.9 M4.7 M3.7 M
Slightly volatile
Total Liabilities68.6 M45.1 M78.8 M
Pretty Stable
Property Plant And Equipment Gross143.5 M136.7 M76.4 M
Slightly volatile
Total Current Assets78.9 M102.5 M91 M
Slightly volatile
Short Term Debt702 K739 K18 M
Slightly volatile
Intangible Assets5.4 M5.7 M9.5 M
Slightly volatile
Good Will47.9 M53.4 M46.7 M
Slightly volatile
Current Deferred Revenue889.3 K936.1 K2.1 M
Pretty Stable
Common Stock179.4 M219 M219.6 M
Pretty Stable
Other Liabilities3.6 M4.5 M3.3 M
Slightly volatile
Net Tangible Assets74.4 M147.3 M65.4 M
Slightly volatile
Other Assets1.1 M1.5 M863.3 K
Slightly volatile
Deferred Long Term Liabilities12.8 K13.5 K98.3 K
Slightly volatile
Short and Long Term Debt2.4 M2.5 M22.3 M
Slightly volatile
Property Plant Equipment55.4 M75.6 M48.4 M
Slightly volatile
Long Term Debt Total45.2 M27.2 M34.1 M
Slightly volatile
Non Current Liabilities Other208.1 K219 K786.9 K
Slightly volatile
Net Invested Capital131.3 M126.9 M116.5 M
Slightly volatile
Net Working Capital71.5 M85.9 M51.6 M
Slightly volatile
Common Stock Total Equity179.2 M201 M219.8 M
Slightly volatile
Capital Stock178.2 M219 M220.9 M
Slightly volatile
Capital Lease Obligations22.4 M23.8 M30.1 M
Slightly volatile

Tree Island Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization6.6 MM4.3 M
Slightly volatile
Selling General Administrative13 M13.6 M14.1 M
Slightly volatile
Total Revenue253.5 M239.6 M209.9 M
Slightly volatile
Gross Profit32.6 M30.3 M28.2 M
Slightly volatile
Other Operating Expenses177.3 M222.9 M192.7 M
Slightly volatile
Cost Of Revenue220.9 M209.3 M181.7 M
Slightly volatile
Total Operating Expenses16.6 M13.6 M15 M
Slightly volatile
Interest Income1.9 M1.8 M1.2 M
Slightly volatile
Reconciled Depreciation5.6 MM4.3 M
Slightly volatile

Tree Island Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation6.6 MM4.3 M
Slightly volatile
Dividends Paid9.7 MM4.9 M
Slightly volatile
Capital Expenditures3.8 M5.5 M3.9 M
Slightly volatile
End Period Cash Flow21.4 M20.3 M7.5 M
Slightly volatile
Begin Period Cash Flow15.7 M15 M6.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.610.38290.633
Slightly volatile
Dividend Yield0.05210.05490.0486
Slightly volatile
PTB Ratio0.840.7231.1219
Very volatile
Days Sales Outstanding56.2438.728862.15
Slightly volatile
Book Value Per Share7.654.56434.3286
Pretty Stable
Capex To Depreciation1.161.10260.9855
Slightly volatile
PB Ratio0.840.7231.1219
Very volatile
EV To Sales0.380.39730.8522
Slightly volatile
Inventory Turnover2.643.92273.2656
Slightly volatile
Days Of Inventory On Hand16493.0472166
Slightly volatile
Payables Turnover7.5813.545211.01
Pretty Stable
Capex To Revenue0.02430.02310.0177
Slightly volatile
Cash Per Share0.770.73170.3237
Slightly volatile
Days Payables Outstanding25.626.946975.8446
Slightly volatile
Intangibles To Total Assets0.03390.03570.0402
Slightly volatile
Current Ratio6.466.15282.8112
Slightly volatile
Tangible Book Value Per Share6.124.56433.7716
Pretty Stable
Receivables Turnover10.939.42458.974
Slightly volatile
Graham Number5.025.28075.382
Pretty Stable
Shareholders Equity Per Share7.024.56433.8473
Pretty Stable
Debt To Equity0.0850.08950.8872
Slightly volatile
Capex Per Share0.20.19910.145
Slightly volatile
Revenue Per Share16.928.61839.4901
Pretty Stable
Interest Debt Per Share0.06210.06541.9568
Slightly volatile
Debt To Assets0.04990.05250.2784
Slightly volatile
Operating Cycle220132228
Slightly volatile
Price Book Value Ratio0.840.7231.1219
Very volatile
Days Of Payables Outstanding25.626.946975.8446
Slightly volatile
Company Equity Multiplier1.291.35552.5674
Slightly volatile
Long Term Debt To Capitalization0.0620.06520.2664
Slightly volatile
Total Debt To Capitalization0.07730.08140.3727
Slightly volatile
Debt Equity Ratio0.0850.08950.8872
Slightly volatile
Quick Ratio3.183.02781.1636
Slightly volatile
Cash Ratio1.281.22070.2918
Slightly volatile
Cash Conversion Cycle140105148
Slightly volatile
Days Of Inventory Outstanding16493.0472166
Slightly volatile
Days Of Sales Outstanding56.2438.728862.15
Slightly volatile
Price To Book Ratio0.840.7231.1219
Very volatile
Fixed Asset Turnover3.373.59524.359
Very volatile
Debt Ratio0.04990.05250.2784
Slightly volatile
Price Sales Ratio0.610.38290.633
Slightly volatile
Asset Turnover1.151.3931.4793
Very volatile
Gross Profit Margin0.0880.14740.12
Slightly volatile
Price Fair Value0.840.7231.1219
Very volatile

Tree Island Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap94.1 M91.7 M91.4 M
Very volatile
Enterprise Value135.3 M95.2 M133.7 M
Very volatile

Tree Fundamental Market Drivers

Forward Price Earnings7.0323
Cash And Short Term Investments20.3 M

About Tree Island Financial Statements

Tree Island investors utilize fundamental indicators, such as revenue or net income, to predict how Tree Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue936.1 K889.3 K
Total Revenue239.6 M253.5 M
Cost Of Revenue209.3 M220.9 M
Capex To Revenue 0.02  0.02 
Revenue Per Share 8.62  16.92 
Ebit Per Revenue 0.07  0.07 

Pair Trading with Tree Island

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 Tree Island 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 Tree Island will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tree Stock

  0.68IE Ivanhoe EnergyPairCorr
  0.72FDY Faraday Copper CorpPairCorr
The ability to find closely correlated positions to Tree Island could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tree Island 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 Tree Island - 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 Tree Island Steel to buy it.
The correlation of Tree Island 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 Tree Island moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tree Island Steel 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 Tree Island 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 Tree Stock

Tree Island financial ratios help investors to determine whether Tree Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tree with respect to the benefits of owning Tree Island security.