Tree Island Steel Equity 2024

Tree Island Steel Aktienanalyse

What does Tree Island Steel do?

Tree Island Steel Ltd is a Canadian company specializing in the production of steel wire products. Founded in 1964 in Victoria, British Columbia, the company has been listed on the Toronto Stock Exchange since 1968. The company has continually realigned itself throughout its history to meet market needs. In the 1970s and 1980s, it primarily produced products for the construction industry, such as reinforcing steel for concrete. At the beginning of the 21st century, Tree Island Steel withdrew from this market and focused on manufacturing steel wire products for the processing industry. This includes fence products, gabion stones, wire ties, and various specialty products. Tree Island Steel's business model is based on vertical integration. This means that the company performs most steps in the production of its products itself. This includes steel rolling, wire drawing, surface finishing, and manufacturing of end products. This allows Tree Island Steel to guarantee high product quality and quickly respond to customer demands. The company operates in various sectors. The most important sector is the production of galvanized steel wire. In this process, the steel is coated with a thin layer of zinc to protect it from corrosion. These products are primarily used for outdoor applications, such as fences or gabion stones. Another sector of Tree Island Steel is the production of steel grids. These grids can be manufactured in various sizes and shapes and are primarily used in the construction industry. They can be used, for example, as reinforcement for concrete floors or as covers for channels. In addition to these two main sectors, Tree Island Steel also offers a range of specialty products. This includes steel wire products for agriculture, such as wire ropes for vineyards, as well as steel wire products for the transportation of goods, such as wire straps for bottles or bowls. Furthermore, Tree Island Steel has a subsidiary specializing in the production of galvanized wire. This wire is primarily used in the production of electrical products, such as wiring harnesses. Overall, Tree Island Steel employs around 450 employees at its three locations in Canada. All employees strive to continually improve the company's products and provide customers with the best possible service. After all, Tree Island Steel has been an important player in the Canadian and international market for steel wire products for almost six decades. Tree Island Steel ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Tree Island Steel's Equity

Tree Island Steel's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tree Island Steel's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Tree Island Steel's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Tree Island Steel's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Tree Island Steel’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Tree Island Steel stock

What is the equity of Tree Island Steel this year?

Tree Island Steel has equity of 126.88 M CAD this year.

What was the equity of Tree Island Steel compared to the previous year?

The equity of Tree Island Steel has increased/decreased by -0.95% decreased compared to the previous year.

What impact does a high equity have on investors of Tree Island Steel?

A high equity is advantageous for investors of Tree Island Steel as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Tree Island Steel?

A low equity can be a risk for investors of Tree Island Steel, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Tree Island Steel affect the company?

An increase in equity of Tree Island Steel can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Tree Island Steel affect the company?

A reduction in equity of Tree Island Steel can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Tree Island Steel?

Some factors that can affect the equity of Tree Island Steel include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Tree Island Steel so important for investors?

The equity of Tree Island Steel is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Tree Island Steel take to change the equity?

To change equity, Tree Island Steel can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Tree Island Steel pay?

Over the past 12 months, Tree Island Steel paid a dividend of 0.11 CAD . This corresponds to a dividend yield of about 3.67 %. For the coming 12 months, Tree Island Steel is expected to pay a dividend of 0.11 CAD.

What is the dividend yield of Tree Island Steel?

The current dividend yield of Tree Island Steel is 3.67 %.

When does Tree Island Steel pay dividends?

Tree Island Steel pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Tree Island Steel?

Tree Island Steel paid dividends every year for the past 9 years.

What is the dividend of Tree Island Steel?

For the upcoming 12 months, dividends amounting to 0.11 CAD are expected. This corresponds to a dividend yield of 3.67 %.

In which sector is Tree Island Steel located?

Tree Island Steel is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tree Island Steel kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tree Island Steel from 10/15/2024 amounting to 0.03 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Tree Island Steel pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Tree Island Steel in the year 2023?

In the year 2023, Tree Island Steel distributed 1.28 CAD as dividends.

In which currency does Tree Island Steel pay out the dividend?

The dividends of Tree Island Steel are distributed in CAD.