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.

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. Also see TSL market cap for the company's overall valuation and market capitalisation.

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. Review Tree Island Steel Ltd. balance sheet liabilities to assess the company's total debt and financial obligations.

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. See TSL live share price for real-time trading data and today's change.

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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
Jindal Steel & Power Limited NSE:JINDALSTEL	India	Rs977.62 Billion
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	China	CN¥17.05 Billion
Hang Zhou Iron & Steel Co Ltd SHG:600126	China	CN¥33.67 Billion
Champion Iron Ltd TO:CIA	Canada	CA$3.43 Billion
Xinjiang Ba Yi Iron & Steel Co Ltd SHG:600581	China	CN¥28.95 Billion
Invercap SN:INVERCAP	Chile	CL$6.84 Billion
Ratnaveer Precision Engineering Ltd NSE:RATNAVEER	India	Rs9.32 Billion
KISCO Corp KO:104700	Korea	₩841.17 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	0.33
Asset Growth Rate (YoY)	-8.3%
Total Assets	CA$154.88 Million
Market Capitalization	$50.73 Million USD

Valuation Analysis

Below Book Valuation: The market values Tree Island Steel Ltd.'s assets below their book value (0.33x), 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

$50.73 Million

CA$70.12 Million CAD

Market Cap Rank

#21944 Global

#776 in Canada

Share Price

CA$2.71

Change (1 day)

+0.00%

52-Week Range

CA$2.10 - CA$3.11

All Time High

CA$5.12