Tree Island Steel Ltd. Net Asset Quality Index
Tree Island Steel Ltd. net asset quality index. Tree Island Steel Ltd. (TSL) has a Net Asset Quality Index of 66.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$162.55 Million minus total liabilities of CA$55.11 Million yields net assets of CA$107.44 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Tree Island Steel Ltd. shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Tree Island Steel Ltd. (2002–2025)
Net asset quality index of Tree Island Steel Ltd. from 2002 to 2025. This chart shows how Tree Island Steel Ltd.'s Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the index stands at 66.1%, representing net assets of CA$107.44 Million against total assets of CA$162.55 Million CAD. Check Tree Island Steel Ltd. (TSL) strategic investment index to assess the company's strategic physical and investment asset allocation.
Tree Island Steel Ltd. Net Asset Quality Index by Year (2002–2025)
Tree Island Steel Ltd. net asset quality index by year from 2002 to 2025. The table below presents the year-by-year Net Asset Quality Index for Tree Island Steel Ltd. from 2002 to 2025, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see TSL stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 70.0% | CA$108.37 Million | CA$154.88 Million | CA$46.51 Million | ▼ -0.4 pp |
| 2024 | 70.4% | CA$118.86 Million | CA$168.82 Million | CA$49.95 Million | ▼ -3.4 pp |
| 2023 | 73.8% | CA$126.88 Million | CA$171.98 Million | CA$45.10 Million | ▲ +1.1 pp |
| 2022 | 72.6% | CA$128.10 Million | CA$176.33 Million | CA$48.23 Million | ▲ +13.9 pp |
| 2021 | 58.7% | CA$132.62 Million | CA$225.81 Million | CA$93.19 Million | ▲ +23.9 pp |
| 2020 | 34.8% | CA$51.07 Million | CA$146.55 Million | CA$95.48 Million | ▲ +4.3 pp |
| 2019 | 30.6% | CA$48.65 Million | CA$159.12 Million | CA$110.47 Million | ▼ -6.4 pp |
| 2018 | 37.0% | CA$58.63 Million | CA$158.45 Million | CA$99.82 Million | ▼ -7.3 pp |
| 2017 | 44.3% | CA$59.27 Million | CA$133.68 Million | CA$74.41 Million | ▼ -5.6 pp |
| 2016 | 49.9% | CA$68.57 Million | CA$137.46 Million | CA$68.88 Million | ▲ +6.0 pp |
| 2015 | 43.9% | CA$57.82 Million | CA$131.59 Million | CA$73.77 Million | ▲ +4.6 pp |
| 2014 | 39.3% | CA$44.10 Million | CA$112.11 Million | CA$68.01 Million | ▲ +6.9 pp |
| 2013 | 32.4% | CA$27.78 Million | CA$85.64 Million | CA$57.85 Million | ▲ +1.5 pp |
| 2012 | 31.0% | CA$25.11 Million | CA$81.10 Million | CA$56.00 Million | ▲ +14.9 pp |
| 2011 | 16.1% | CA$14.64 Million | CA$91.00 Million | CA$76.37 Million | ▼ -14.6 pp |
| 2010 | 30.7% | CA$26.86 Million | CA$87.45 Million | CA$60.59 Million | ▼ -8.8 pp |
| 2009 | 39.5% | CA$39.35 Million | CA$99.69 Million | CA$60.34 Million | ▲ +9.5 pp |
| 2008 | 30.0% | CA$61.02 Million | CA$203.29 Million | CA$142.27 Million | ▼ -25.8 pp |
| 2007 | 55.8% | CA$134.81 Million | CA$241.61 Million | CA$106.81 Million | ▼ -8.9 pp |
| 2006 | 64.7% | CA$155.75 Million | CA$240.79 Million | CA$85.04 Million | ▼ -1.4 pp |
| 2005 | 66.1% | CA$172.88 Million | CA$261.42 Million | CA$88.54 Million | ▲ +5.5 pp |
| 2004 | 60.6% | CA$188.88 Million | CA$311.65 Million | CA$122.77 Million | ▼ -1.1 pp |
| 2003 | 61.7% | CA$178.24 Million | CA$289.04 Million | CA$110.80 Million | ▲ +3.3 pp |
| 2002 | 58.3% | CA$203.29 Million | CA$348.41 Million | CA$145.12 Million | — |