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Tree Island Steel Stock

Tree Island Steel Liabilities 2024

Tree Island Steel Liabilities

45.1 M CAD

Ticker

TSL.TO

ISIN

CA89467Q2009

WKN

A114A7

In 2024, Tree Island Steel's total liabilities amounted to 45.1 M CAD, a -6.43% difference from the 48.2 M CAD total liabilities 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.

Liabilities Details

Assessing Tree Island Steel's Liabilities

Tree Island Steel's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Tree Island Steel's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Tree Island Steel's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Tree Island Steel's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Tree Island Steel’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Tree Island Steel stock

What is the level of liabilities of Tree Island Steel this year?

Tree Island Steel has a debt balance of 45.1 M CAD this year.

What were the liabilities of Tree Island Steel compared to the previous year?

The liabilities of Tree Island Steel have increased by -6.43% dropped compared to the previous year.

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

High liabilities can pose a risk for investors of Tree Island Steel, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Tree Island Steel?

Low liabilities mean that Tree Island Steel has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of Tree Island Steel can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Tree Island Steel can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

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

The liabilities of Tree Island Steel are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Tree Island Steel take to modify the liabilities?

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

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 3.91 %. 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 3.91 %.

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 3.91 %.

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 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.