Tree Island Steel Ltd. (TSL) — Net Asset Quality Index
Tree Island Steel Ltd. (TSL) has a Net Asset Quality Index of 70.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$154.88 Million minus total liabilities of CA$46.51 Million yields net assets of CA$108.37 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Tree Island Steel Ltd. (TSL) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tree Island Steel Ltd. Net Asset Quality Index Over Time (2002–2025)
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 December 2025, the index stands at 70.0%, representing net assets of CA$108.37 Million against total assets of CA$154.88 Million CAD. See TSL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tree Island Steel Ltd. (2002–2025)
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 market capitalisation and the full company profile, see Tree Island Steel Ltd. (TSL) total market value.
| 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 | — |