Dean Patterson - Tree Island General Marketing

TSL Stock  CAD 3.05  0.04  1.33%   

Executive

Dean Patterson is General Marketing of Tree Island Steel
Address 3933 Boundary Road, Richmond, BC, Canada, V6V 1T8
Phone800 663 0955
Webhttps://www.treeisland.com

Tree Island Management Efficiency

As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.11. At this time, Tree Island's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.05, while Total Assets are likely to drop about 141.5 M. Tree Island's management efficiency ratios could be used to measure how well Tree Island manages its routine affairs as well as how well it operates its assets and liabilities.
Tree Island Steel has accumulated 23.8 M in total debt with debt to equity ratio (D/E) of 188.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tree Island Steel has a current ratio of 1.34, which is within standard range for the sector. Debt can assist Tree Island until it has trouble settling it off, either with new capital or with free cash flow. So, Tree Island's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tree Island Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tree to invest in growth at high rates of return. When we think about Tree Island's use of debt, we should always consider it together with cash and equity.

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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 Canada and is traded on Toronto Stock Exchange. It employs 383 people. Tree Island Steel (TSL) is traded on Toronto Exchange in Canada and employs 430 people. Tree Island is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Tree Island Steel Leadership Team

Elected by the shareholders, the Tree Island's board of directors comprises two types of representatives: Tree Island inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tree. The board's role is to monitor Tree Island's management team and ensure that shareholders' interests are well served. Tree Island's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tree Island's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ali Mahdavi, Head Relations
Brian Liu, VP CFO
Nancy Davies, CFO and VP of Fin.
Amardeip Doman, Executive Board
Dean Patterson, General Marketing
Remy Stachowiak, Vice President of Sales and Marketing

Tree Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tree Island a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.71IE Ivanhoe EnergyPairCorr
  0.76FDY Faraday Copper CorpPairCorr

Moving against Tree Stock

  0.5INFM Infinico Metals 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.