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Tree Island Steel (TSX:TSL) Debt-to-Revenue : 0.14 (As of Dec. 2024)


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What is Tree Island Steel Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tree Island Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$1.4 Mil. Tree Island Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$25.5 Mil. Tree Island Steel's annualized Revenue for the quarter that ended in Dec. 2024 was C$191.4 Mil. Tree Island Steel's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 was 0.14.


Tree Island Steel Debt-to-Revenue Historical Data

The historical data trend for Tree Island Steel's Debt-to-Revenue 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.

* Premium members only.

Tree Island Steel Debt-to-Revenue Chart

Tree Island Steel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.14 0.07 0.09 0.12

Tree Island Steel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.10 0.11 0.12 0.14

Competitive Comparison of Tree Island Steel's Debt-to-Revenue

For the Steel subindustry, Tree Island Steel's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tree Island Steel's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Debt-to-Revenue falls into.


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Tree Island Steel Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Tree Island Steel's Debt-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.431 + 25.522) / 221.111
=0.12

Tree Island Steel's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.431 + 25.522) / 191.42
=0.14

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2024) Revenue data.


Tree Island Steel Debt-to-Revenue Related Terms

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Tree Island Steel Business Description

Traded in Other Exchanges
Address
3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
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 market segments: Industrial, Commercial, Agricultural, and Residential. Key revenue is derived from the Industrial products. 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 its revenue.
Executives
Nancy Adriana Davies Senior Officer
Amar Doman 10% Security Holder, Director
Brian Chi Hong Liu Senior Officer
Theodore Alfred Leja Director
Remy Gilbert Theophil Stachowiak Senior Officer
Peter Morris Bull 10% Security Holder
Joseph Daniel Downes Director
Dale Robert Maclean Senior Officer
Sam Fleiser Director