Tree Island Steel Ltd. (TSL) - Total Assets

Latest as of September 2025: CA$165.20 Million CAD ≈ $119.50 Million USD

Based on the latest financial reports, Tree Island Steel Ltd. (TSL) holds total assets worth CA$165.20 Million CAD (≈ $119.50 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. Check TSL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. For live market cap, price, and company overview, see Tree Island Steel Ltd. stock valuation.

Tree Island Steel Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Tree Island Steel Ltd.'s total assets of CA$165.20 Million consist of 58.6% current assets and 41.4% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$1.91 Million	5.2%
Accounts Receivable	CA$32.81 Million	19.4%
Inventory	CA$51.95 Million	30.8%
Property, Plant & Equipment	CA$67.30 Million	39.9%
Intangible Assets	CA$0.00	0.0%
Goodwill	CA$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. See Tree Island Steel Ltd. (TSL) net assets for net asset value and shareholders' equity analysis.

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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 16.0% in 2002.
Asset Diversification: The largest asset category is property, plant & equipment at 39.9% 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
Reliance Steel & Aluminum Co NYSE:RS	USA	$10.37 Billion
Yongxing Special Stainless Steel Co Ltd SHE:002756	China	CN¥14.39 Billion
Jindal Stainless Limited NSE:JSL	India	Rs390.78 Billion
Nanjing Iron & Steel Co Ltd SHG:600282	China	CN¥70.52 Billion
HBIS Co Ltd SHE:000709	China	CN¥271.74 Billion
Sims Ltd AU:SGM	Australia	AU$4.34 Billion
Ternium Argentina SA BA:TXAR	Argentina	AR$7.54 Trillion
BCI Minerals Ltd AU:BCI	Australia	AU$1.20 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	4.28	5.14	3.14
Quick Ratio	1.59	2.35	1.21
Cash Ratio	0.01	0.10	0.00
Working Capital	CA$69.03 Million	CA$81.06 Million	CA$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	0.27
Asset Growth Rate (YoY)	-1.8%
Total Assets	CA$168.82 Million
Market Capitalization	$46.11 Million USD

Valuation Analysis

Below Book Valuation: The market values Tree Island Steel Ltd.'s assets below their book value (0.27x), 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	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

$46.11 Million

CA$63.74 Million CAD

Market Cap Rank

#22195 Global

#796 in Canada

Share Price

CA$2.46

Change (1 day)

-1.60%

52-Week Range

CA$2.43 - CA$3.11

All Time High

CA$5.12