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 low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabri… Read more
Tree Island Steel Ltd (TWIRF) - Total Assets
Latest total assets as of September 2025: $165.20 Million USD
Based on the latest financial reports, Tree Island Steel Ltd (TWIRF) holds total assets worth $165.20 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tree Island Steel Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Tree Island Steel Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tree Island Steel Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tree Island Steel Ltd's total assets of $165.20 Million consist of 58.6% current assets and 41.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $32.81 Million | 19.4% |
| Inventory | $51.95 Million | 30.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Tree Island Steel Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tree Island Steel Ltd's current assets represent 58.6% of total assets in 2024, an increase from 35.5% in 2002.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, up from 1.6% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 26.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 30.8% of total assets.
Tree Island Steel Ltd Competitors by Total Assets
Key competitors of Tree Island Steel Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Tree Island Steel Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Tree Island Steel Ltd generates 1.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tree Island Steel Ltd is currently not profitable relative to its asset base.
Tree Island Steel Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.28 | 5.14 | 3.14 |
| Quick Ratio | 1.59 | 2.35 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $69.03 Million | $ 81.06 Million | $ 51.84 Million |
Tree Island Steel Ltd - Advanced Valuation Insights
This section examines the relationship between Tree Island Steel Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.61 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $168.82 Million |
| Market Capitalization | $16.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tree Island Steel Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Tree Island Steel Ltd's assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Tree Island Steel Ltd (2002–2024)
The table below shows the annual total assets of Tree Island Steel Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $168.82 Million | -1.84% |
| 2023-12-31 | $171.98 Million | -2.47% |
| 2022-12-31 | $176.33 Million | -21.91% |
| 2021-12-31 | $225.81 Million | +54.08% |
| 2020-12-31 | $146.55 Million | -7.90% |
| 2019-12-31 | $159.12 Million | +0.42% |
| 2018-12-31 | $158.45 Million | +18.53% |
| 2017-12-31 | $133.68 Million | -2.75% |
| 2016-12-31 | $137.46 Million | +4.46% |
| 2015-12-31 | $131.59 Million | +17.38% |
| 2014-12-31 | $112.11 Million | +30.91% |
| 2013-12-31 | $85.64 Million | +5.59% |
| 2012-12-31 | $81.10 Million | -10.88% |
| 2011-12-31 | $91.00 Million | +4.82% |
| 2010-12-31 | $86.82 Million | -12.91% |
| 2009-12-31 | $99.69 Million | -50.96% |
| 2008-12-31 | $203.29 Million | -15.86% |
| 2007-12-31 | $241.61 Million | +0.34% |
| 2006-12-31 | $240.79 Million | -7.08% |
| 2005-12-31 | $259.14 Million | -16.85% |
| 2004-12-31 | $311.65 Million | +7.82% |
| 2003-12-31 | $289.04 Million | -17.04% |
| 2002-12-31 | $348.41 Million | -- |