Tree Island Steel Ltd. (TSL) - Total Assets

Latest as of March 2026: CA$162.55 Million CAD ≈ $117.59 Million USD

Based on the latest financial reports, Tree Island Steel Ltd. (TSL) holds total assets worth CA$162.55 Million CAD (≈ $117.59 Million USD) as of March 2026. 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. Check cash flow reinvestment rate of Tree Island Steel Ltd. to assess the company's total reinvestment commitment from operating cash flow.

Tree Island Steel Ltd. - Total Assets Trend (2002–2025)

This chart illustrates how Tree Island Steel Ltd.'s total assets have evolved over time, based on quarterly financial data. Check TSL cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Tree Island Steel Ltd. - Asset Composition Analysis

Current Asset Composition (December 2025)

Tree Island Steel Ltd.'s total assets of CA$162.55 Million consist of 52.1% current assets and 47.9% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$0.00	0.9%
Accounts Receivable	CA$19.66 Million	12.7%
Inventory	CA$53.73 Million	34.7%
Property, Plant & Equipment	CA$63.56 Million	41.0%
Intangible Assets	CA$0.00	0.0%
Goodwill	CA$0.00	0.0%

Asset Composition Trend (2002–2025)

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. For live market cap, price, and company overview, see Tree Island Steel Ltd. market cap and net worth.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Tree Island Steel Ltd.'s current assets represent 52.1% of total assets in 2025, an increase from 35.5% in 2002.
Cash Position: Cash and equivalents constituted 0.9% of total assets in 2025, down from 1.6% in 2002.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 16.0% in 2002.
Asset Diversification: The largest asset category is property, plant & equipment at 41.0% 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
Baoshan Iron & Steel Co Ltd SHG:600019	China	CN¥366.16 Billion
Jindal Steel & Power Limited NSE:JINDALSTEL	India	Rs977.62 Billion
Steel Authority of India Limited NSE:SAIL	India	Rs1.36 Trillion
Gerdau S.A F:GDUA	Germany	€81.05 Billion
CSN Mineração S.A SA:CMIN3	Brazil	R$33.55 Billion
Hainan Mining Co Ltd SHG:601969	China	CN¥14.32 Billion
Hang Zhou Iron & Steel Co Ltd SHG:600126	China	CN¥33.67 Billion
Companhia Siderúrgica Nacional MX:SIDN	Mexico	MX$100.83 Billion

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	3.30	5.07	3.50
Quick Ratio	1.38	2.23	1.54
Cash Ratio	0.00	0.03	0.00
Working Capital	CA$62.12 Million	CA$74.06 Million	CA$74.82 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	0.54
Latest Market Cap to Assets Ratio	0.28
Asset Growth Rate (YoY)	-8.3%
Total Assets	CA$154.88 Million
Market Capitalization	$42.68 Million USD

Valuation Analysis

Below Book Valuation: The market values Tree Island Steel Ltd.'s assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Tree Island Steel Ltd.'s assets decreased by 8.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Tree Island Steel Ltd. (2002–2025)

The table below shows the annual total assets of Tree Island Steel Ltd. from 2002 to 2025.

Year	Total Assets	Change
2025-12-31	CA$154.88 Million ≈ $112.04 Million	-8.26%
2024-12-31	CA$168.82 Million ≈ $122.12 Million	-1.84%
2023-12-31	CA$171.98 Million ≈ $124.41 Million	-2.47%
2022-12-31	CA$176.33 Million ≈ $127.55 Million	-21.91%
2021-12-31	CA$225.81 Million ≈ $163.34 Million	+54.08%
2020-12-31	CA$146.55 Million ≈ $106.01 Million	-7.90%
2019-12-31	CA$159.12 Million ≈ $115.11 Million	+0.42%
2018-12-31	CA$158.45 Million ≈ $114.62 Million	+18.53%
2017-12-31	CA$133.68 Million ≈ $96.70 Million	-2.75%
2016-12-31	CA$137.46 Million ≈ $99.43 Million	+4.46%
2015-12-31	CA$131.59 Million ≈ $95.19 Million	+17.38%
2014-12-31	CA$112.11 Million ≈ $81.10 Million	+30.91%
2013-12-31	CA$85.64 Million ≈ $61.95 Million	+5.59%
2012-12-31	CA$81.10 Million ≈ $58.67 Million	-10.88%
2011-12-31	CA$91.00 Million ≈ $65.83 Million	+4.07%
2010-12-31	CA$87.45 Million ≈ $63.26 Million	-12.28%
2009-12-31	CA$99.69 Million ≈ $72.12 Million	-50.96%
2008-12-31	CA$203.29 Million ≈ $147.05 Million	-15.86%
2007-12-31	CA$241.61 Million ≈ $174.78 Million	+0.34%
2006-12-31	CA$240.79 Million ≈ $174.18 Million	-7.89%
2005-12-31	CA$261.42 Million ≈ $189.11 Million	-16.12%
2004-12-31	CA$311.65 Million ≈ $225.44 Million	+7.82%
2003-12-31	CA$289.04 Million ≈ $209.09 Million	-17.04%
2002-12-31	CA$348.41 Million ≈ $252.04 Million	--

About Tree Island Steel Ltd.

TO:TSL Canada Steel

Market Cap

$42.68 Million

CA$59.00 Million CAD

Market Cap Rank

#22566 Global

#812 in Canada

Share Price

CA$2.28

Change (1 day)

+0.88%

52-Week Range

CA$2.24 - CA$3.11

All Time High

CA$5.12