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Tree Island Steel Stock

Tree Island Steel Debt 2024

Tree Island Steel Debt

3.46 CAD

Ticker

TSL.TO

ISIN

CA89467Q2009

WKN

A114A7

In 2024, Tree Island Steel's total debt was 3.46 CAD, a -184.71% change from the -4.08 CAD total debt recorded in the previous year.

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.

Debt Details

Understanding Tree Island Steel's Debt Structure

Tree Island Steel's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Tree Island Steel's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Tree Island Steel’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Tree Island Steel’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Tree Island Steel stock

What is the debt of Tree Island Steel this year?

Tree Island Steel has a debt level of 3.46 CAD this year.

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

The debt of Tree Island Steel has increased by -184.71% compared to the previous year dropped.

What are the consequences of high debt for investors in Tree Island Steel?

High debt can pose a risk for investors of Tree Island Steel, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Tree Island Steel?

Low debt means that Tree Island Steel has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Tree Island Steel affect the company?

An increase in debt of Tree Island Steel can adversely affect the financial condition of the company and result in a higher burden on its finances.

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

A reduction in debt of Tree Island Steel can strengthen the company's financial position and improve its ability to meet its financial obligations.

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

Some factors that can influence the debt of Tree Island Steel include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Tree Island Steel so important for investors?

The debts of Tree Island Steel are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

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

To change the debt, Tree Island Steel can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

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 4.21 %. 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 4.21 %.

When does Tree Island Steel pay dividends?

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

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 4.21 %.

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 7/15/2024 amounting to 0.03 CAD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Tree Island Steel pay the last dividend?

The last dividend was paid out on 7/15/2024.

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

In the year 2023, Tree Island Steel distributed 0.1 CAD as dividends.

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

The dividends of Tree Island Steel are distributed in CAD.

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Andere Kennzahlen von Tree Island Steel

Our stock analysis for Tree Island Steel Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tree Island Steel Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.