Tree Island Steel Ltd. (TSL) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.033x

Based on the latest financial reports, Tree Island Steel Ltd. (TSL) has a cash flow conversion efficiency ratio of -0.033x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-3.81 Million ≈ $-2.76 Million USD) by net assets (CA$114.64 Million ≈ $82.93 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Tree Island Steel Ltd. (TSL) net assets for net asset value and shareholders' equity analysis.

Tree Island Steel Ltd. - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Tree Island Steel Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see Tree Island Steel Ltd. market cap and net worth.

Tree Island Steel Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tree Island Steel Ltd. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sunzen Biotech Bhd KLSE:0148	0.025x
Better Life Group Co Ltd TW:1805	-0.049x
HARMONEY CORP. LTD F:6DR	N/A
Syntec Optics Holdings Inc. NASDAQ:OPTX	0.055x
Sotherly Hotels Inc NASDAQ:SOHO	-0.010x
Greattown Holdings Ltd B SHG:900940	0.034x
Pakka Limited NSE:PAKKA	0.016x
Hyunwoo Industrial Co. LTD KQ:092300	-0.037x

Annual Cash Flow Conversion Efficiency for Tree Island Steel Ltd. (2002–2024)

The table below shows the annual cash flow conversion efficiency of Tree Island Steel Ltd. from 2002 to 2024. Read debt load of Tree Island Steel Ltd. for a breakdown of total debt and financial obligations.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$118.86 Million ≈ $85.98 Million	CA$-1.43 Million ≈ $-1.03 Million	-0.012x	-106.43%
2023-12-31	CA$126.88 Million ≈ $91.78 Million	CA$23.73 Million ≈ $17.17 Million	0.187x	-44.76%
2022-12-31	CA$128.10 Million ≈ $92.66 Million	CA$43.38 Million ≈ $31.38 Million	0.339x	+278.23%
2021-12-31	CA$132.62 Million ≈ $95.94 Million	CA$11.87 Million ≈ $8.59 Million	0.090x	-81.47%
2020-12-31	CA$51.07 Million ≈ $36.94 Million	CA$24.68 Million ≈ $17.85 Million	0.483x	-10.32%
2019-12-31	CA$48.65 Million ≈ $35.19 Million	CA$26.21 Million ≈ $18.96 Million	0.539x	+909.66%
2018-12-31	CA$58.63 Million ≈ $42.41 Million	CA$-3.90 Million ≈ $-2.82 Million	-0.067x	-126.18%
2017-12-31	CA$59.27 Million ≈ $42.87 Million	CA$15.06 Million ≈ $10.90 Million	0.254x	+28.87%
2016-12-31	CA$68.57 Million ≈ $49.60 Million	CA$13.53 Million ≈ $9.78 Million	0.197x	+68.22%
2015-12-31	CA$57.82 Million ≈ $41.82 Million	CA$6.78 Million ≈ $4.90 Million	0.117x	+177.00%
2014-12-31	CA$44.10 Million ≈ $31.90 Million	CA$-6.71 Million ≈ $-4.86 Million	-0.152x	-230.48%
2013-12-31	CA$27.78 Million ≈ $20.10 Million	CA$-1.28 Million ≈ $-925.93K	-0.046x	-128.25%
2012-12-31	CA$25.11 Million ≈ $18.16 Million	CA$4.09 Million ≈ $2.96 Million	0.163x	+135.15%
2011-12-31	CA$14.64 Million ≈ $10.59 Million	CA$-6.79 Million ≈ $-4.91 Million	-0.464x	-4012.75%
2010-12-31	CA$26.86 Million ≈ $19.43 Million	CA$-303.00K ≈ $-219.19K	-0.011x	-100.99%
2009-12-31	CA$39.35 Million ≈ $28.47 Million	CA$44.66 Million ≈ $32.30 Million	1.135x	+20570.24%
2008-12-31	CA$61.02 Million ≈ $44.14 Million	CA$335.00K ≈ $242.33K	0.005x	-96.64%
2007-12-31	CA$134.81 Million ≈ $97.52 Million	CA$22.03 Million ≈ $15.94 Million	0.163x	-18.71%
2006-12-31	CA$155.75 Million ≈ $112.67 Million	CA$31.32 Million ≈ $22.65 Million	0.201x	-35.59%
2005-12-31	CA$172.88 Million ≈ $125.06 Million	CA$53.97 Million ≈ $39.04 Million	0.312x	+83.69%
2004-12-31	CA$188.88 Million ≈ $136.63 Million	CA$32.10 Million ≈ $23.22 Million	0.170x	+34.47%
2003-12-31	CA$178.24 Million ≈ $128.94 Million	CA$22.53 Million ≈ $16.29 Million	0.126x	+1273.90%
2002-12-31	CA$203.29 Million ≈ $147.06 Million	CA$1.87 Million ≈ $1.35 Million	0.009x	--

About Tree Island Steel Ltd.

TO:TSL Canada Steel

Market Cap

$46.11 Million

CA$63.74 Million CAD

Market Cap Rank

#22195 Global

#796 in Canada

Share Price

CA$2.46

Change (1 day)

-1.60%

52-Week Range

CA$2.43 - CA$3.11

All Time High

CA$5.12