Tree Historical Financial Ratios
TSL Stock | CAD 3.11 0.06 1.97% |
Tree Island is promptly reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 7.65, Free Cash Flow Yield of 0.2, Invested Capital of 0.0 or Operating Cash Flow Per Share of 1.25 will help investors to properly organize and evaluate Tree Island Steel financial condition quickly.
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About Tree Financial Ratios Analysis
Tree Island SteelFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Tree Island investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Tree financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Tree Island history.
Tree Island Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Tree Island Steel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tree Island sales, a figure that is much harder to manipulate than other Tree Island Steel multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Tree Island Steel dividend as a percentage of Tree Island stock price. Tree Island Steel dividend yield is a measure of Tree Island stock productivity, which can be interpreted as interest rate earned on an Tree Island investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most ratios from Tree Island's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Tree Island Steel current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tree Island Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Tree Island's Capex To Depreciation is very stable compared to the past year. As of the 29th of November 2024, PB Ratio is likely to grow to 0.84, while Dividend Yield is likely to drop 0.05.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.031 | 0.42 | 0.0549 | 0.0521 | Price To Sales Ratio | 0.49 | 0.28 | 0.38 | 0.61 |
Tree Island fundamentals Correlations
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Tree Island Account Relationship Matchups
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Tree Island fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.31 | 0.36 | 0.49 | 0.28 | 0.38 | 0.61 | |
Ptb Ratio | 1.29 | 1.51 | 1.11 | 0.74 | 0.72 | 0.84 | |
Days Sales Outstanding | 44.94 | 41.96 | 46.02 | 34.07 | 38.73 | 56.24 | |
Book Value Per Share | 1.68 | 1.77 | 4.66 | 4.51 | 4.56 | 7.65 | |
Free Cash Flow Yield | (0.2) | 0.39 | 0.28 | (0.001757) | 0.44 | 0.2 | |
Operating Cash Flow Per Share | 0.9 | 0.86 | 0.42 | 1.53 | 0.85 | 1.25 | |
Capex To Depreciation | 0.31 | 0.45 | 2.08 | 0.26 | 1.1 | 1.16 | |
Pb Ratio | 1.29 | 1.51 | 1.11 | 0.74 | 0.72 | 0.84 | |
Ev To Sales | 0.56 | 0.75 | 0.68 | 0.51 | 0.31 | 0.38 | |
Free Cash Flow Per Share | 0.84 | 0.76 | (0.009067) | 1.48 | 0.65 | 1.06 | |
Roic | 0.0192 | 0.0919 | 0.28 | 0.3 | 0.0864 | 0.0907 | |
Inventory Turnover | 3.32 | 4.06 | 3.01 | 4.75 | 4.02 | 2.65 | |
Net Income Per Share | 0.0882 | (0.18) | 0.18 | 3.09 | 1.17 | 0.27 | |
Days Of Inventory On Hand | 109.99 | 89.9 | 121.31 | 76.89 | 90.82 | 163.85 | |
Payables Turnover | 9.92 | 10.69 | 8.55 | 18.91 | 13.88 | 7.59 | |
Capex To Revenue | 0.00969 | 0.0126 | 0.0402 | 0.004302 | 0.0231 | 0.0243 | |
Cash Per Share | 0.0312 | 0.0433 | 1.17 | 0.53 | 0.73 | 0.77 | |
Pocfratio | 2.39 | 3.13 | 12.37 | 2.19 | 3.87 | 3.67 | |
Interest Coverage | 0.44 | 2.76 | 20.74 | 22.48 | 9.19 | 9.65 | |
Payout Ratio | (0.45) | 0.45 | 0.0517 | 1.21 | 0.67 | 0.59 | |
Capex To Operating Cash Flow | 0.0741 | 0.11 | 1.02 | 0.0336 | 0.23 | 0.3 | |
Pfcf Ratio | 2.58 | 3.51 | (569.07) | 2.26 | 5.04 | 5.29 | |
Days Payables Outstanding | 36.78 | 34.13 | 42.69 | 19.3 | 26.3 | 24.99 | |
Income Quality | (5.05) | 4.81 | 0.13 | 1.31 | 3.14 | 3.3 | |
Roe | (0.11) | 0.1 | 0.66 | 0.26 | 0.0595 | 0.0625 | |
Ev To Operating Cash Flow | 5.7 | 5.98 | 13.02 | 2.44 | 4.01 | 5.89 | |
Pe Ratio | (12.09) | 15.03 | 1.67 | 2.86 | 12.15 | 12.76 | |
Return On Tangible Assets | (0.0326) | 0.035 | 0.39 | 0.19 | 0.0439 | 0.0461 | |
Ev To Free Cash Flow | 6.15 | 6.72 | (599.17) | 2.52 | 5.23 | 5.49 | |
Earnings Yield | (0.0827) | 0.0665 | 0.6 | 0.35 | 0.0823 | 0.0864 | |
Net Debt To E B I T D A | 15.29 | 4.01 | 0.0637 | 0.21 | 0.19 | 0.18 | |
Current Ratio | 3.38 | 3.14 | 2.87 | 5.29 | 6.15 | 6.46 | |
Tangible Book Value Per Share | 1.68 | 1.77 | 4.66 | 4.51 | 4.56 | 6.12 | |
Receivables Turnover | 8.12 | 8.7 | 7.93 | 10.71 | 9.42 | 10.93 | |
Graham Number | 2.6 | 2.67 | 18.01 | 10.88 | 5.28 | 5.02 | |
Shareholders Equity Per Share | 1.68 | 1.77 | 4.66 | 4.51 | 4.56 | 7.02 | |
Debt To Equity | 0.36 | 1.14 | 0.81 | 0.0994 | 0.0895 | 0.085 |
Pair Trading with Tree Island
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tree Island position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tree Island will appreciate offsetting losses from the drop in the long position's value.Moving together with Tree Stock
Moving against Tree Stock
The ability to find closely correlated positions to Tree Island could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tree Island when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tree Island - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tree Island Steel to buy it.
The correlation of Tree Island is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tree Island moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tree Island Steel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tree Island can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Tree Stock
Tree Island SteelFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Tree Island investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Tree financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Tree Island history.