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

Latest as of March 2026: -0.006x

Based on the latest financial reports, Tree Island Steel Ltd. (TSL) has a cash flow conversion efficiency ratio of -0.006x as of March 2026. 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$-663.00K ≈ $-479.60K USD) by net assets (CA$107.44 Million ≈ $77.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Review Tree Island Steel Ltd. financial flexibility index to assess the company's free cash flow relative to its total liabilities.

Tree Island Steel Ltd. - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Tree Island Steel Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see Tree Island Steel Ltd. (TSL) market capitalisation for the company's overall valuation and market capitalisation.

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
Sand Nisko Capital Bhd KLSE:7943	-0.028x
Routon Electronic Co Ltd SHG:600355	0.032x
M.J. International Co Ltd TW:8466	-0.013x
Samil C&S Co Ltd KO:004440	0.005x
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS IS:DERIM	1.189x
DCM Shriram Industries Limited NSE:DCMSRIND	0.879x
Australian Vanadium Ltd AU:AVL	-0.040x
Phunware Inc NASDAQ:PHUN	-0.029x

Annual Cash Flow Conversion Efficiency for Tree Island Steel Ltd. (2002–2025)

The table below shows the annual cash flow conversion efficiency of Tree Island Steel Ltd. from 2002 to 2025. View latest Tree Island Steel Ltd. stock price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$108.37 Million ≈ $78.39 Million	CA$-914.00K ≈ $-661.17K	-0.008x	+29.85%
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

$41.74 Million

CA$57.70 Million CAD

Market Cap Rank

#22621 Global

#816 in Canada

Share Price

CA$2.23

Change (1 day)

+0.45%

52-Week Range

CA$2.10 - CA$3.11

All Time High

CA$5.12