TWIRF (Tree Island Steel) Quick Ratio: 1.38 (As of Mar. 2026) — 13% Above Median


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 Quick Ratio?

Tree Island Steel TWIRF 53 Quick Ratio is 1.38 as of Mar. 2026, which is 13% above its 10-year median of 1.22. 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 636 Steel companies, Tree Island Steel ranks better than 64.94% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Tree Island Steel's quick ratio for the quarter that ended in Mar. 2026 was 1.38.

Tree Island Steel has a quick ratio of 1.38. It generally indicates good short-term financial strength.

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

TWIRF' s Quick Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.22   Max: 3.37
Current: 1.38

During the past 13 years, Tree Island Steel's highest Quick Ratio was 3.37. The lowest was 0.45. And the median was 1.22.

TWIRF's Quick Ratio is ranked better than
64.94% of 636 companies
in the Steel industry
Industry Median: 1.02 vs TWIRF: 1.38

Tree Island Steel  (OTCPK:TWIRF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Tree Island Steel Quick Ratio Related Terms


Tree Island Steel Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tree Island Steel's Quick Ratio 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.

Tree Island Steel Quick Ratio Chart

Tree Island Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 2.50 3.06 2.23 1.46

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
Quick Ratio 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 2.23 1.98 1.59 1.46 1.38

TWIRF vs NUE, STLD, RS: Quick Ratio Comparison

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

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

* The bar in red indicates where Tree Island Steel's Quick Ratio falls into.


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

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(58.463-38.951)/13.366
=1.46

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(64.958-37.88)/19.681
=1.38

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.38 mean?
Tree Island Steel (TWIRF) has a Quick Ratio of 1.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tree Island Steel and its competitors. This is 13% above median its historical median of 1.22. Over the past decade, Tree Island Steel's Quick Ratio has ranged from 0.45 to 3.37. According to the industry distribution chart, Tree Island Steel ranks #223 out of 636 companies in the Steel industry, placing it in the top 35.1%.
Is Tree Island Steel's Quick Ratio too high?
Tree Island Steel's current Quick Ratio of 1.38 is 13% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.37. The Steel industry median Quick Ratio is 1.02. Tree Island Steel's value of 1.38 is 35.3% above this industry median. Based on the distribution chart, Tree Island Steel ranks #223 out of 636 companies in the Steel industry, which is above the industry midpoint. 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 Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tree Island Steel ranks #223 out of 636 companies for Quick Ratio. This puts Tree Island Steel in the upper half of its industry. The industry median Quick Ratio is 1.02. Tree Island Steel's value of 1.38 is 35.3% above this benchmark. Historically, Tree Island Steel's own Quick Ratio has ranged from 0.45 to 3.37 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.02, Tree Island Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tree Island Steel's current Quick Ratio of 1.38 is 35.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tree Island Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tree Island Steel's current Quick Ratio is 1.38, which is 13% above median its own 10-year median of 1.22. 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 Quick Ratio is 1.38, which is 13% above median its 10-year median of 1.22 and 35.3% above the Steel industry median of 1.02. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Tree Island Steel (TWIRF), the current Quick Ratio is 1.38 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:

  • Quick Ratio: 1.38 (13% above median its 10-year median of 1.22)
  • GF Value™: $1.37 vs. price of $1.64 (20% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 35.3% above the Steel median (#223 of 636)

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

$1.64
Price
$1.37
GF Value