Tree Financial Statements From 2010 to 2024
| TWIRF Stock | USD 2.05 0.02 0.97% |
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 , as well as many indicators such as . Tree financial statements analysis is a perfect complement when working with Tree Island Valuation or Volatility modules.
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Tree Island Steel Company Return On Equity Analysis
Tree Island's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tree Island Return On Equity | 0.9 |
Most of Tree Island's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tree Island Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Tree Island Steel has a Return On Equity of 0.899. This indicator is about the same for the Metals & Mining average (which is currently at 0.91) sector and 91.49% lower than that of the Materials industry. The return on equity for all United States stocks is notably lower than that of the firm.
Tree Island Steel Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tree Island's current stock value. Our valuation model uses many indicators to compare Tree Island value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tree Island competition to find correlations between indicators driving Tree Island's intrinsic value. More Info.Tree Island Steel is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tree Island Steel is roughly 4.78 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tree Island's earnings, one of the primary drivers of an investment's value.About Tree Island Financial Statements
Tree Island stakeholders use historical fundamental indicators, such as Tree Island's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tree Island investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tree Island's assets and liabilities are reflected in the revenues and expenses on Tree Island's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tree Island Steel. Please read more on our technical analysis and fundamental analysis pages.
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products for industrial, construction, agricultural, and specialty applications in Canada, the United States, and internationally. Tree Island Steel Ltd. was founded in 1964 and is headquartered in Richmond, Canada. Tree Island operates under Steel classification in the United States and is traded on OTC Exchange. It employs 480 people.
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Other Information on Investing in Tree Pink Sheet
Tree Island financial ratios help investors to determine whether Tree Pink Sheet 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.