Tree Island Steel Ltd
TSX:TSL

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Tree Island Steel Ltd
TSX:TSL
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Price: 3.06 CAD Market Closed
Market Cap: 79.6m CAD
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Balance Sheet

Balance Sheet Decomposition
Tree Island Steel Ltd

Current Assets 100.6m
Cash & Short-Term Investments 8.3m
Receivables 32.8m
Other Current Assets 59.6m
Non-Current Assets 69.8m
PP&E 67m
Other Non-Current Assets 2.9m
Current Liabilities 19.6m
Accounts Payable 17.4m
Other Current Liabilities 2.1m
Non-Current Liabilities 29.8m
Long-Term Debt 24.4m
Other Non-Current Liabilities 5.4m

Balance Sheet
Tree Island Steel Ltd

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Balance Sheet
Currency: CAD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
2
1
1
2
1
1
1
33
15
20
Cash
2
1
1
2
1
1
1
33
15
20
Total Receivables
20
28
25
26
24
25
25
38
32
25
Accounts Receivables
20
28
25
26
24
24
25
38
30
24
Other Receivables
0
0
0
0
0
0
0
0
1
2
Inventory
56
60
67
60
82
55
47
78
58
52
Other Current Assets
4
4
4
3
3
3
3
7
5
5
Total Current Assets
82
92
97
91
110
84
76
156
109
103
PP&E Net
30
38
40
42
47
74
69
69
66
67
PP&E Gross
30
38
40
42
47
74
69
69
66
67
Accumulated Depreciation
40
44
44
47
52
61
65
62
69
70
Other Long-Term Assets
0
2
1
1
1
2
1
1
1
3
Total Assets
112
N/A
132
+17%
138
+4%
134
-3%
158
+18%
159
+0%
147
-8%
226
+54%
176
-22%
172
-2%
Liabilities
Accounts Payable
19
17
15
18
22
18
18
27
17
15
Short-Term Debt
31
27
29
34
0
0
0
0
0
0
Current Portion of Long-Term Debt
2
4
4
4
5
6
4
6
2
1
Other Current Liabilities
0
4
1
1
1
1
2
21
1
1
Total Current Liabilities
52
52
50
56
28
25
24
54
21
17
Long-Term Debt
13
22
18
15
66
82
67
35
24
23
Deferred Income Tax
3
0
0
2
3
3
4
4
4
5
Other Liabilities
1
0
1
1
2
1
1
1
1
0
Total Liabilities
68
N/A
74
+9%
69
-7%
74
+8%
100
+34%
111
+11%
96
-14%
93
-2%
48
-48%
45
-6%
Equity
Common Stock
231
231
230
226
225
224
223
223
223
219
Retained Earnings
186
171
160
164
163
173
170
88
94
91
Other Equity
0
2
2
3
3
3
3
3
0
1
Total Equity
44
N/A
58
+31%
69
+19%
59
-14%
59
-1%
49
-17%
51
+5%
133
+159%
128
-3%
127
-1%
Total Liabilities & Equity
112
N/A
132
+17%
138
+4%
134
-3%
158
+18%
159
+0%
147
-8%
226
+54%
176
-22%
172
-2%
Shares Outstanding
Common Shares Outstanding
31
31
31
30
29
29
29
28
28
27

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