Tree Island Steel Ltd
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabri… Read more
Tree Island Steel Ltd - Asset Resilience Ratio
Tree Island Steel Ltd (TWIRF) has an Asset Resilience Ratio of -3.73% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2018)
This chart shows how Tree Island Steel Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tree Island Steel Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-6.36 Million | -3.73% |
| Total Liquid Assets | $-6.36 Million | -3.73% |
Asset Resilience Insights
- Limited Liquidity: Tree Island Steel Ltd maintains only -3.73% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Tree Island Steel Ltd Industry Peers by Asset Resilience Ratio
Compare Tree Island Steel Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
365330
KQ:365330 |
Steel | 14.10% |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708 |
Steel | -0.25% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Bengang Steel Plates Co Ltd
SHE:000761 |
Steel | 0.71% |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 |
Steel | 0.00% |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825 |
Steel | -0.16% |
|
Jiangsu Fasten Co Ltd
SHE:000890 |
Steel | 16.91% |
Annual Asset Resilience Ratio for Tree Island Steel Ltd (2002–2018)
The table below shows the annual Asset Resilience Ratio data for Tree Island Steel Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | $0.00 | $158.45 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $133.68 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $137.46 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $131.59 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $112.11 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $85.64 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $81.10 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $91.00 Million | -- |
| 2010-12-31 | 0.00% | $0.00 | $86.82 Million | -- |
| 2009-12-31 | 0.00% | $0.00 | $99.69 Million | -- |
| 2008-12-31 | 0.00% | $0.00 | $203.29 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $241.61 Million | -- |
| 2006-12-31 | 0.00% | $0.00 | $240.79 Million | -- |
| 2005-12-31 | 0.00% | $0.00 | $259.14 Million | -- |
| 2004-12-31 | 0.00% | $0.00 | $311.65 Million | -- |
| 2003-12-31 | 0.00% | $0.00 | $289.04 Million | -- |
| 2002-12-31 | 0.00% | $0.00 | $348.41 Million | -- |