Tree Island Steel Ltd. (TSX:TSL)

Tree Island Steel Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.43	8.7	20.34	14.98	33.25
Cash & Short-Term Investments	1.43	8.7	20.34	14.98	33.25
Cash Growth	-83.57%	-57.24%	35.82%	-54.96%	2570.76%
Accounts Receivable	17.39	26.37	23.75	30.45	38.05
Inventory	53.73	51.96	52.07	57.53	77.51
Other Current Assets	8.1	11.87	9.18	6.37	6.79
Total Current Assets	80.65	98.89	105.34	109.32	155.6
Net Property, Plant & Equipment	63.56	67.3	38.77	65.7	68.93
Other Long-Term Assets	10.67	2.62	7.01	1.31	1.28
Total Assets	154.88	168.82	151.11	176.33	225.81
Accounts Payable	15.43	18.8	2.31	16.94	27.28
Accrued Expenses	15.43	18.8	2.31	16.94	27.28
Short-Term Debt	0.98	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	2.82
Current Portion of Leases	1.64	1.43	1.43	2.3	3.55
Other Current Liabilities	18.83	21.8	5.3	22.11	74.91
Total Current Liabilities	52.3	60.83	11.35	58.29	135.83
Long-Term Debt	-	-	-	-	10.36
Long-Term Leases	22.95	25.52	0.22	23.62	24.29
Other Long-Term Liabilities	5.12	5.72	10.72	3.94	4.26
Total Long-Term Liabilities	28.07	31.24	10.94	27.56	38.91
Total Liabilities	46.51	52.26	39.29	48.23	93.19
Shareholders' Equity	108.37	116.56	118.86	128.1	132.62
Total Liabilities & Equity	154.88	168.82	158.15	176.33	225.81
Total Debt	25.57	26.95	1.65	25.91	41.02
Net Cash (Debt)	-24.14	-18.26	18.69	-10.94	-7.77
Net Cash Per Share	-0.93	-0.69	0.67	-0.39	-0.27

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.