# Tree Island Steel Ltd. (TWIRF)

> Basic Materials · CA · Reports in CAD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TWIRF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 86.53M | $ -1.38M | $ -3.58M | $ 30.77M | $ 107.58M |
| 2025 | $ 170.80M | $ -5.38M | $ -2.24M | $ 25.55M | $ 108.28M |
| 2024 | $ 221.19M | $ -3.98M | $ -3.38M | $ 26.95M | $ 118.86M |
| 2023 | $ 248.58M | $ 7.83M | $ 19.02M | $ 23.80M | $ 126.88M |
| 2022 | $ 363.09M | $ 35.52M | $ 45.02M | $ 25.91M | $ 128.10M |
| 2021 | $ 344.31M | $ 100.35M | $ 448.3K | $ 41.02M | $ 132.62M |
| 2020 | $ 258.09M | $ 6.14M | $ 26.13M | $ 71.59M | $ 51.07M |
| 2019 | $ 241.33M | $ -6.25M | $ 29.23M | $ 87.55M | $ 48.65M |
| 2018 | $ 289.73M | $ 3.19M | $ -15.21M | $ 71.05M | $ 58.63M |
| 2017 | $ 294.73M | $ -2.07M | $ 11.09M | $ 52.20M | $ 59.27M |
| 2016 | $ 295.83M | $ 17.36M | $ 10.41M | $ 51.57M | $ 68.57M |
| 2015 | $ 300.29M | $ 20.96M | $ -2.15M | $ 52.73M | $ 57.82M |
| 2014 | $ 242.68M | $ 1.29M | $ -9.63M | $ 45.58M | $ 44.10M |
| 2013 | $ 205.40M | $ -876.8K | $ -2.40M | $ 30.14M | $ 27.78M |
| 2012 | $ 198.19M | $ 14.06M | $ 5.11M | $ 31.40M | $ 25.11M |
| 2011 | $ 205.02M | $ -17.57M | $ -10.40M | $ 58.92M | $ 14.64M |
| 2010 | $ 185.10M | $ -19.72M | $ -534.0K | $ 40.81M | $ 27.67M |
| 2009 | $ 236.91M | $ -38.45M | $ 63.42M | $ 34.66M | $ 39.35M |
| 2008 | $ 467.89M | $ -94.22M | $ -1.72M | N/A | $ 61.02M |
| 2007 | $ 387.41M | $ 15.28M | $ 29.10M | $ 49.55M | $ 134.81M |
| 2006 | $ 407.62M | $ 24.05M | $ 39.05M | $ 20.01M | $ 155.75M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.29 |
| Liabilities / Eq | 0.56 |
| Current Ratio | 2.95 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 2.25 |
| Gross Debt / FCF | 2.95 |

## Other views

- [Metrics](https://sponda.capital/en/TWIRF.md)
- [Charts](https://sponda.capital/en/TWIRF/charts.md)
- [Compare](https://sponda.capital/en/TWIRF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-30.