TWIRF (Tree Island Steel) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


TWIRF Tree Island Steel Ltd TWIRF
53 GF Score
Price $1.64
GF Value $1.37
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tree Island Steel Interest Coverage?

Tree Island Steel TWIRF 53 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates TWIRF with a GF Score™ of 53/100 and a GF Value™ of $1.37 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 456 Steel companies, Tree Island Steel ranks worse than 219298.03% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Tree Island Steel's Operating Income for the three months ended in Mar. 2026 was $-0.2 Mil. Tree Island Steel's Interest Expense for the three months ended in Mar. 2026 was $-0.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tree Island Steel's Interest Coverage or its related term are showing as below:


TWIRF's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Tree Island Steel  (OTCPK:TWIRF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Tree Island Steel Interest Coverage Related Terms


Tree Island Steel Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tree Island Steel's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Tree Island Steel Interest Coverage Chart

Tree Island Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.74 21.23 9.42 0.00 0.00

Tree Island Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.29 1.40 0.00 0.00 0.00

TWIRF vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Tree Island Steel's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Interest Coverage falls into.


TWIRF
53GF Score
Tree Island Steel Ltd TWIRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tree Island Steel Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tree Island Steel's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Tree Island Steel's Interest Expense was $-1.7 Mil. Its Operating Income was $-2.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $16.6 Mil.

Tree Island Steel did not have earnings to cover the interest expense.

Tree Island Steel's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tree Island Steel's Interest Expense was $-0.3 Mil. Its Operating Income was $-0.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $16.7 Mil.

Tree Island Steel did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Tree Island Steel (TWIRF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tree Island Steel and its competitors. According to the industry distribution chart, Tree Island Steel ranks #999999 out of 456 companies in the Steel industry.
Is Tree Island Steel's Interest Coverage too high?
Tree Island Steel's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Tree Island Steel ranks #999999 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tree Island Steel has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Tree Island Steel ranks #999999 out of 456 companies for Interest Coverage. This places Tree Island Steel in the lower half of its industry. The industry median Interest Coverage is 4.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tree Island Steel and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tree Island Steel's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.37, compared to a current price of $1.64 — trading 20% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Tree Island Steel's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Tree Island Steel (TWIRF), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.64 is trading 20% above its estimated GF Value™ of $1.37. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TWIRF:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $1.37 vs. price of $1.64 (20% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the TWIRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
53GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.64
Price
$1.37
GF Value