Tree Island Steel Ltd. (TSL) - Cash Flow Conversion Efficiency
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. See TSL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Canlan Ice Sports Corp.
TO:ICE
|
0.085x |
|
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
|
0.030x |
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
-0.015x |
|
Fractal Gaming Group AB
ST:FRACTL
|
0.071x |
|
Texton Property Fund Ltd
JSE:TEX
|
0.095x |
|
GeneFerm Biotechnology Co Ltd
TWO:1796
|
0.002x |
|
Corby Spirit and Wine Limited
TO:CSW-B
|
0.166x |
|
Mospec Semiconductor Corp
TW:2434
|
-0.039x |
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. For the full company profile with market capitalisation and key ratios, see TSL market cap.
| 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.
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforceme… Read more