Tree Island Steel (TSX:TSL) Accumulated Depreciation : C$-70.7 Mil (As of Mar. 2024)

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What is Tree Island Steel Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Tree Island Steel's quarterly accumulated depreciation increased from Sep. 2023 (C$-69.7 Mil) to Dec. 2023 (C$-70.1 Mil) and increased from Dec. 2023 (C$-70.1 Mil) to Mar. 2024 (C$-70.7 Mil).

Tree Island Steel's annual accumulated depreciation increased from Dec. 2021 (C$-62.4 Mil) to Dec. 2022 (C$-69.1 Mil) and increased from Dec. 2022 (C$-69.1 Mil) to Dec. 2023 (C$-70.1 Mil).

Tree Island Steel Accumulated Depreciation Historical Data

The historical data trend for Tree Island Steel's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tree Island Steel Accumulated Depreciation Chart

Tree Island Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-60.85

-65.10

-62.36

-69.14

-70.08

Tree Island Steel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-68.64	-68.38	-69.75	-70.08	-70.65

Tree Island Steel Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Tree Island Steel Accumulated Depreciation Related Terms

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Tree Island Steel (TSX:TSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tree Island Steel Ltd (TSX:TSL) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

TWIRF:USA

Address

3933 Boundary Road, Richmond, BC, CAN, V6V 1T8

Website

https://www.treeisland.com

Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.

Executives

Brian Chi Hong Liu

Senior Officer