Tree Island Steel (Tree Island Steel) Other Income (Expense) : $-1.6 Mil (TTM As of Mar. 2024)

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What is Tree Island Steel Other Income (Expense)?

Tree Island Steel's other income expense for the Tree Island Steel's pretax income for the three months ended in Mar. 2024 was $0.3 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.6 Mil.

Tree Island Steel Other Income (Expense) Historical Data

The historical data trend for Tree Island Steel's Other Income (Expense) 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 Other Income (Expense) Chart

Tree Island Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-1.95

-0.30

49.81

-2.85

-2.52

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
Other Income (Expense)	Get a 7-Day Free Trial															-0.16	-1.70	0.16	-0.32	0.28

Tree Island Steel Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.6 Mil.

Tree Island Steel (OTCPK:TWIRF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Tree Island Steel (Tree Island Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tree Island Steel Ltd (OTCPK:TWIRF) » Definitions » Other Income (Expense)

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Traded in Other Exchanges

TSL:Canada

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.

Tree Island Steel (Tree Island Steel) Headlines

From GuruFocus

Tree Island Announces Meeting Results for Election of Directors

By GlobeNewswire GlobeNewswire • 05-06-2023

Tree Island Announces Meeting Results for Election of Directors

By GlobeNewswire GlobeNewswire • 05-08-2020

The Futura Corporation and Arbutus Distributors Ltd. withdraw their non-binding unsolicited proposal for Tree Island's shares

By GlobeNewswire GlobeNewswire • 08-31-2019