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Tree Island Steel (TSL) Ratios
Tree Island Steel Ratios
TSE:TSL's free cash flow for Q2 2026 was $-2.82M. For the 2026 fiscal year, TSE:TSL's free cash flow was decreased by $-662.00K and operating cash flow was $-2.16M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 4.37 | 5.29 | 6.15 | 5.29 | 2.87 |
| Quick Ratio | 1.46 | 2.51 | 3.03 | 2.51 | 1.44 |
| Cash Ratio | 0.08 | 0.46 | 1.22 | 0.72 | 0.61 |
| Solvency Ratio | 0.00 | 0.03 | 0.28 | 0.80 | 1.01 |
| Operating Cash Flow Ratio | -0.05 | -0.08 | 1.42 | 2.10 | 0.22 |
| Short-Term Operating Cash Flow Coverage | -0.93 | 0.00 | 0.00 | 0.00 | 4.21 |
| Net Current Asset Value | $ 34.14M | $ 48.94M | $ 57.42M | $ 61.09M | $ 62.42M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.17 | 0.16 | 0.14 | 0.15 | 0.18 |
| Debt-to-Equity Ratio | 0.24 | 0.23 | 0.19 | 0.20 | 0.31 |
| Debt-to-Capital Ratio | 0.19 | 0.18 | 0.16 | 0.17 | 0.24 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 |
| Financial Leverage Ratio | 1.43 | 1.42 | 1.36 | 1.38 | 1.70 |
| Debt Service Coverage Ratio | 0.74 | 1.65 | 7.92 | 17.98 | 18.05 |
| Interest Coverage Ratio | -1.14 | -0.73 | 9.19 | 22.20 | 20.74 |
| Debt to Market Cap | 0.01 | 0.00 | 0.00 | 0.00 | 0.09 |
| Interest Debt Per Share | 1.08 | 1.11 | 0.92 | 0.99 | 1.53 |
| Net Debt to EBITDA | 17.84 | 3.80 | 0.19 | 0.21 | 0.06 |
| Profitability Margins | |||||
| Gross Profit Margin | 5.53% | 5.69% | 12.64% | 18.17% | 22.74% |
| EBIT Margin | -2.44% | -0.32% | 5.54% | 12.96% | 38.43% |
| EBITDA Margin | 0.79% | 2.32% | 7.66% | 14.46% | 40.37% |
| Operating Profit Margin | -1.58% | -0.82% | 6.97% | 14.04% | 17.31% |
| Pretax Profit Margin | -3.77% | -1.42% | 4.80% | 12.30% | 37.59% |
| Net Profit Margin | -3.12% | -1.89% | 3.15% | 9.21% | 29.14% |
| Continuous Operations Profit Margin | -3.12% | -1.89% | 3.15% | 9.21% | 29.14% |
| Net Income Per EBT | 82.69% | 133.13% | 65.59% | 74.88% | 77.52% |
| EBT Per EBIT | 239.25% | 173.89% | 68.89% | 87.58% | 217.14% |
| Return on Assets (ROA) | -3.44% | -2.32% | 4.39% | 18.78% | 38.96% |
| Return on Equity (ROE) | -4.92% | -3.29% | 5.95% | 25.84% | 66.33% |
| Return on Capital Employed (ROCE) | -1.97% | -1.13% | 10.75% | 32.43% | 30.47% |
| Return on Invested Capital (ROIC) | -1.60% | -1.11% | 7.02% | 23.93% | 22.77% |
| Return on Tangible Assets | -3.44% | -2.32% | 4.39% | 18.78% | 38.96% |
| Earnings Yield | -6.96% | -4.67% | 8.23% | 34.91% | 59.92% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.69 | 6.31 | 9.24 | 11.38 | 7.93 |
| Payables Turnover | 10.46 | 11.83 | 13.88 | 20.38 | 8.55 |
| Inventory Turnover | 3.00 | 3.76 | 4.02 | 5.11 | 3.01 |
| Fixed Asset Turnover | 2.69 | 3.08 | 3.60 | 5.47 | 4.38 |
| Asset Turnover | 1.10 | 1.23 | 1.39 | 2.04 | 1.34 |
| Working Capital Turnover Ratio | 2.40 | 2.49 | 2.75 | 3.79 | 3.94 |
| Cash Conversion Cycle | 128.64 | 124.16 | 104.01 | 85.52 | 124.63 |
| Days of Sales Outstanding | 42.00 | 57.86 | 39.50 | 32.06 | 46.02 |
| Days of Inventory Outstanding | 121.53 | 97.15 | 90.82 | 71.37 | 121.31 |
| Days of Payables Outstanding | 34.89 | 30.85 | 26.30 | 17.91 | 42.69 |
| Operating Cycle | 163.53 | 155.01 | 130.31 | 103.43 | 167.32 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.04 | -0.05 | 0.85 | 1.53 | 0.42 |
| Free Cash Flow Per Share | -0.11 | -0.12 | 0.65 | 1.48 | -0.01 |
| Dividend Paid and CapEx Coverage Ratio | -0.24 | -0.29 | 2.25 | 1.04 | 0.71 |
| Capital Expenditure Coverage Ratio | -0.48 | -0.79 | 4.29 | 29.79 | 0.98 |
| Operating Cash Flow Coverage Ratio | -0.04 | -0.05 | 1.00 | 1.67 | 0.29 |
| Operating Cash Flow to Sales Ratio | -0.01 | -0.01 | 0.10 | 0.12 | 0.04 |
| Free Cash Flow Yield | -3.66% | -3.88% | 19.84% | 44.20% | -0.18% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -14.05 | -21.07 | 12.15 | 2.86 | 1.67 |
| Price-to-Sales (P/S) Ratio | 0.45 | 0.40 | 0.38 | 0.26 | 0.49 |
| Price-to-Book (P/B) Ratio | 0.71 | 0.70 | 0.72 | 0.74 | 1.11 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -27.30 | -25.79 | 5.04 | 2.26 | -569.07 |
| Price-to-Operating Cash Flow Ratio | -83.81 | -58.55 | 3.87 | 2.19 | 12.37 |
| Price-to-Earnings Growth (PEG) Ratio | -0.35 | 0.14 | -0.16 | -0.05 | 0.00 |
| Enterprise Value Multiple | 74.46 | 21.19 | 5.19 | 2.03 | 1.27 |
| Enterprise Value | 100.74M | 101.93M | 95.19M | 105.78M | 154.59M |
| EV to EBITDA | 74.46 | 21.19 | 5.19 | 2.03 | 1.27 |
| EV to Sales | 0.59 | 0.49 | 0.40 | 0.29 | 0.51 |
| EV to Free Cash Flow | -35.90 | -31.42 | 5.23 | 2.52 | -599.17 |
| EV to Operating Cash Flow | -110.22 | -71.33 | 4.01 | 2.44 | 13.02 |
| Tangible Book Value Per Share | 4.17 | 4.49 | 4.56 | 4.51 | 4.66 |
| Shareholders’ Equity Per Share | 4.17 | 4.49 | 4.56 | 4.51 | 4.66 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | -0.33 | 0.34 | 0.25 | 0.22 |
| Revenue Per Share | 6.58 | 7.82 | 8.62 | 12.66 | 10.61 |
| Net Income Per Share | -0.21 | -0.15 | 0.27 | 1.17 | 3.09 |
| Tax Burden | 0.83 | 1.33 | 0.66 | 0.75 | 0.78 |
| Interest Burden | 1.55 | 4.43 | 0.87 | 0.95 | 0.98 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.17 | 0.37 | 3.14 | 1.31 | 0.13 |
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