D
Tree Island Steel Ltd.
TSL.TO
TSX
D
Sell
11/8/2024Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D from D+ on 11/8/2024 due to a decline in the efficiency index, valuation index and total return index. Net income declined 403.61% from $445.8 to -$1.35M, and total capital declined 1.16% from $109.96M to $108.69M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D from D+ on 11/8/2024 due to a decline in the efficiency index, valuation index and total return index. Net income declined 403.61% from $445.8 to -$1.35M, and total capital declined 1.16% from $109.96M to $108.69M.
D
Sell
8/5/2024Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 8/5/2024 due to a large decline in the growth index, valuation index and total return index. Operating cash flow declined 352.15% from $1.21M to -$3.04M, EBIT declined 9.49% from $1.07M to $964.7, and total revenue declined 6.14% from $44.94M to $42.18M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 8/5/2024 due to a large decline in the growth index, valuation index and total return index. Operating cash flow declined 352.15% from $1.21M to -$3.04M, EBIT declined 9.49% from $1.07M to $964.7, and total revenue declined 6.14% from $44.94M to $42.18M.
C
Hold
5/20/2024Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 5/20/2024 due to a decline in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 5/20/2024 due to a decline in the total return index and volatility index.
C
Hold
5/3/2024Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 5/3/2024 due to a large increase in the growth index, solvency index and dividend index. EBIT increased 1,054.25% from -$111.7 to $1.07M, earnings per share increased from -$0.051 to $0.0171, and total revenue increased 29.14% from $34.8M to $44.94M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 5/3/2024 due to a large increase in the growth index, solvency index and dividend index. EBIT increased 1,054.25% from -$111.7 to $1.07M, earnings per share increased from -$0.051 to $0.0171, and total revenue increased 29.14% from $34.8M to $44.94M.
C
Hold
4/25/2024Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 4/25/2024 due to a decline in the volatility index and total return index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 4/25/2024 due to a decline in the volatility index and total return index.
C
Hold
3/18/2024Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 3/18/2024 due to a significant decline in the growth index, efficiency index and valuation index. Earnings per share declined from $0.0525 to -$0.051, net income declined 196.11% from $1.45M to -$1.39M, and EBIT declined 105.3% from $2.11M to -$111.7.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 3/18/2024 due to a significant decline in the growth index, efficiency index and valuation index. Earnings per share declined from $0.0525 to -$0.051, net income declined 196.11% from $1.45M to -$1.39M, and EBIT declined 105.3% from $2.11M to -$111.7.
C
Hold
3/15/2024Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 3/15/2024 due to an increase in the volatility index and total return index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 3/15/2024 due to an increase in the volatility index and total return index.
C
Hold
6/2/2023Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 6/2/2023 due to a decline in the total return index, dividend index and valuation index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 6/2/2023 due to a decline in the total return index, dividend index and valuation index.
C
Hold
5/18/2023Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 5/18/2023 due to a significant increase in the growth index, solvency index and dividend index. Earnings per share increased from -$0.0221 to $0.153, EBIT increased 98.49% from $3.09M to $6.14M, and debt to equity declined from 0.02 to 0.01.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 5/18/2023 due to a significant increase in the growth index, solvency index and dividend index. Earnings per share increased from -$0.0221 to $0.153, EBIT increased 98.49% from $3.09M to $6.14M, and debt to equity declined from 0.02 to 0.01.
C
Hold
3/10/2023Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 3/10/2023 due to a noticeable decline in the growth index, valuation index and total return index. Earnings per share declined from $0.2163 to -$0.0221, EBIT declined 63.05% from $8.37M to $3.09M, and total revenue declined 19.56% from $61.47M to $49.45M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 3/10/2023 due to a noticeable decline in the growth index, valuation index and total return index. Earnings per share declined from $0.2163 to -$0.0221, EBIT declined 63.05% from $8.37M to $3.09M, and total revenue declined 19.56% from $61.47M to $49.45M.
C
Hold
1/19/2023Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 01/19/2023.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 01/19/2023.
C
Hold
9/6/2022Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from B- on 9/6/2022 due to a large decline in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from B- on 9/6/2022 due to a large decline in the total return index and volatility index.
B
Buy
5/24/2022Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 5/24/2022 due to a decline in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 5/24/2022 due to a decline in the total return index and volatility index.
B
Buy
5/9/2022Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 5/9/2022 due to an increase in the efficiency index, volatility index and growth index. EBIT increased 51.26% from $9.12M to $13.79M, and total revenue increased 21.47% from $60.28M to $73.22M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 5/9/2022 due to an increase in the efficiency index, volatility index and growth index. EBIT increased 51.26% from $9.12M to $13.79M, and total revenue increased 21.47% from $60.28M to $73.22M.
B
Buy
4/28/2022Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 4/28/2022 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 106.26% from $11.86M to -$742.1, EBIT declined 36.53% from $14.37M to $9.12M, and total revenue declined 10.26% from $67.18M to $60.28M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 4/28/2022 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 106.26% from $11.86M to -$742.1, EBIT declined 36.53% from $14.37M to $9.12M, and total revenue declined 10.26% from $67.18M to $60.28M.
B
Buy
2/18/2022Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 2/18/2022 due to a noticeable increase in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 2/18/2022 due to a noticeable increase in the total return index and volatility index.
B
Buy
2/3/2022Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 2/3/2022 due to a large decline in the total return index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 2/3/2022 due to a large decline in the total return index.
B
Buy
11/15/2021Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 11/15/2021 due to a significant increase in the total return index, growth index and solvency index. Operating cash flow increased 5,435.36% from -$222.3 to $11.86M, earnings per share increased from $0.2595 to $0.3739, and debt to equity declined from 0.78 to 0.5.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 11/15/2021 due to a significant increase in the total return index, growth index and solvency index. Operating cash flow increased 5,435.36% from -$222.3 to $11.86M, earnings per share increased from $0.2595 to $0.3739, and debt to equity declined from 0.78 to 0.5.
B
Buy
7/29/2021Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B- from C+ on 7/29/2021 due to a substantial increase in the valuation index, efficiency index and solvency index. Net income increased 44.62% from $5.11M to $7.38M, total capital increased 10.13% from $104.5M to $115.09M, and debt to equity declined from 0.84 to 0.78.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B- from C+ on 7/29/2021 due to a substantial increase in the valuation index, efficiency index and solvency index. Net income increased 44.62% from $5.11M to $7.38M, total capital increased 10.13% from $104.5M to $115.09M, and debt to equity declined from 0.84 to 0.78.
C
Hold
3/12/2021Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 3/12/2021 due to an increase in the total return index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 3/12/2021 due to an increase in the total return index.
C
Hold
3/5/2021Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 3/5/2021 due to a significant increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.0137 to $0.046, net income increased 231.98% from $390.3 to $1.3M, and total capital increased 4.46% from $92.04M to $96.15M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 3/5/2021 due to a significant increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.0137 to $0.046, net income increased 231.98% from $390.3 to $1.3M, and total capital increased 4.46% from $92.04M to $96.15M.
C
Hold
2/16/2021Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 2/16/2021 due to a decline in the total return index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 2/16/2021 due to a decline in the total return index.
C
Hold
2/1/2021Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 2/1/2021 due to a large increase in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 2/1/2021 due to a large increase in the total return index and volatility index.
C
Hold
10/29/2020Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 10/29/2020 due to a noticeable increase in the growth index, efficiency index and total return index. Operating cash flow increased 75.05% from $4.75M to $8.32M, EBIT increased 19.91% from $1.99M to $2.38M, and total revenue increased 9.68% from $36.44M to $39.96M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 10/29/2020 due to a noticeable increase in the growth index, efficiency index and total return index. Operating cash flow increased 75.05% from $4.75M to $8.32M, EBIT increased 19.91% from $1.99M to $2.38M, and total revenue increased 9.68% from $36.44M to $39.96M.
D
Sell
7/30/2020Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to D+ from D on 7/30/2020 due to a major increase in the growth index, solvency index and volatility index. Debt to equity declined from 1.23 to 0.98.
Tree Island Steel Ltd. (TSL.TO) was upgraded to D+ from D on 7/30/2020 due to a major increase in the growth index, solvency index and volatility index. Debt to equity declined from 1.23 to 0.98.
D
Sell
8/2/2019Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D from D+ on 8/2/2019 due to a substantial decline in the valuation index, efficiency index and growth index. Operating cash flow declined 3.03% from $3.69M to $3.58M, total revenue declined 1.23% from $39.82M to $39.33M, and total capital declined 1.15% from $119.2M to $117.83M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D from D+ on 8/2/2019 due to a substantial decline in the valuation index, efficiency index and growth index. Operating cash flow declined 3.03% from $3.69M to $3.58M, total revenue declined 1.23% from $39.82M to $39.33M, and total capital declined 1.15% from $119.2M to $117.83M.
D
Sell
2/25/2019Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 2/25/2019 due to a large decline in the total return index, growth index and volatility index. Earnings per share declined from $0.0267 to -$0.0604, EBIT declined 109.28% from $1.95M to -$181.1, and total revenue declined 20.4% from $42.72M to $34.01M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 2/25/2019 due to a large decline in the total return index, growth index and volatility index. Earnings per share declined from $0.0267 to -$0.0604, EBIT declined 109.28% from $1.95M to -$181.1, and total revenue declined 20.4% from $42.72M to $34.01M.
C
Hold
5/24/2018Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 5/24/2018 due to a major increase in the growth index, volatility index and total return index. EBIT increased 165.25% from $760.3 to $2.02M, earnings per share increased from -$0.0552 to $0.0295, and total revenue increased 22.46% from $42.94M to $52.59M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 5/24/2018 due to a major increase in the growth index, volatility index and total return index. EBIT increased 165.25% from $760.3 to $2.02M, earnings per share increased from -$0.0552 to $0.0295, and total revenue increased 22.46% from $42.94M to $52.59M.
D
Sell
1/12/2018Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 1/12/2018 due to a decline in the volatility index and total return index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 1/12/2018 due to a decline in the volatility index and total return index.
C
Hold
12/28/2017Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 12/28/2017 due to an increase in the volatility index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C- from D+ on 12/28/2017 due to an increase in the volatility index.
D
Sell
12/13/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 12/13/2017 due to a decline in the volatility index, total return index and solvency index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to D+ from C- on 12/13/2017 due to a decline in the volatility index, total return index and solvency index.
C
Hold
11/6/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 11/6/2017 due to a substantial decline in the valuation index, growth index and total return index. Earnings per share declined from $0.0178 to -$0.0559, EBIT declined 204.32% from $1.2M to -$1.26M, and total revenue declined 2.84% from $45.7M to $44.4M.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 11/6/2017 due to a substantial decline in the valuation index, growth index and total return index. Earnings per share declined from $0.0178 to -$0.0559, EBIT declined 204.32% from $1.2M to -$1.26M, and total revenue declined 2.84% from $45.7M to $44.4M.
C
Hold
8/7/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 8/7/2017 due to a major decline in the valuation index, efficiency index and solvency index. Net income declined 58.65% from $1.32M to $546.6, and the quick ratio declined from 0.61 to 0.54.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 8/7/2017 due to a major decline in the valuation index, efficiency index and solvency index. Net income declined 58.65% from $1.32M to $546.6, and the quick ratio declined from 0.61 to 0.54.
C
Hold
8/3/2017Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 8/3/2017 due to an increase in the valuation index and dividend index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 8/3/2017 due to an increase in the valuation index and dividend index.
C
Hold
5/12/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 5/12/2017 due to a noticeable decline in the growth index, valuation index and solvency index. Operating cash flow declined 57.31% from -$896.5 to -$1.41M, and debt to equity increased from 0.76 to 0.87.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C from C+ on 5/12/2017 due to a noticeable decline in the growth index, valuation index and solvency index. Operating cash flow declined 57.31% from -$896.5 to -$1.41M, and debt to equity increased from 0.76 to 0.87.
C
Hold
2/24/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C+ from B- on 2/24/2017 due to a large decline in the valuation index, volatility index and growth index. Operating cash flow declined 125.04% from $3.58M to -$896.4, earnings per share declined from $0.0662 to -$0.015, and EBIT declined 89.89% from $3.6M to $364.3.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C+ from B- on 2/24/2017 due to a large decline in the valuation index, volatility index and growth index. Operating cash flow declined 125.04% from $3.58M to -$896.4, earnings per share declined from $0.0662 to -$0.015, and EBIT declined 89.89% from $3.6M to $364.3.
B
Buy
1/18/2017Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 1/18/2017 due to a decline in the valuation index, total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B on 1/18/2017 due to a decline in the valuation index, total return index and volatility index.
B
Buy
5/23/2016Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 5/23/2016 due to an increase in the volatility index, efficiency index and solvency index. The quick ratio increased from 0.56 to 0.7, debt to equity declined from 0.95 to 0.79, and total capital increased 9.4% from $79.69M to $87.18M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from B- on 5/23/2016 due to an increase in the volatility index, efficiency index and solvency index. The quick ratio increased from 0.56 to 0.7, debt to equity declined from 0.95 to 0.79, and total capital increased 9.4% from $79.69M to $87.18M.
B
Buy
3/11/2016Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B+ on 3/11/2016 due to a significant decline in the volatility index, total return index and valuation index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B- from B+ on 3/11/2016 due to a significant decline in the volatility index, total return index and valuation index.
B
Buy
2/19/2016Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B+ from B on 2/19/2016 due to a major increase in the valuation index, efficiency index and dividend index. Total capital increased 3.6% from $76.92M to $79.69M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B+ from B on 2/19/2016 due to a major increase in the valuation index, efficiency index and dividend index. Total capital increased 3.6% from $76.92M to $79.69M.
B
Buy
11/30/2015Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to B from B+ on 11/30/2015 due to a decline in the total return index, valuation index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to B from B+ on 11/30/2015 due to a decline in the total return index, valuation index and volatility index.
B
Buy
11/13/2015Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B+ from B on 11/13/2015 due to a substantial increase in the valuation index, efficiency index and growth index. Earnings per share increased from $0.0539 to $0.1582, net income increased 193.47% from $1.68M to $4.93M, and operating cash flow increased 69.23% from $4.45M to $7.53M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B+ from B on 11/13/2015 due to a substantial increase in the valuation index, efficiency index and growth index. Earnings per share increased from $0.0539 to $0.1582, net income increased 193.47% from $1.68M to $4.93M, and operating cash flow increased 69.23% from $4.45M to $7.53M.
B
Buy
7/30/2015Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from C+ on 7/30/2015 due to a large increase in the growth index, valuation index and total return index. EBIT increased 7.4% from $3.12M to $3.35M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B from C+ on 7/30/2015 due to a large increase in the growth index, valuation index and total return index. EBIT increased 7.4% from $3.12M to $3.35M.
C
Hold
7/28/2015Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C+ from B- on 7/28/2015 due to a decline in the valuation index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C+ from B- on 7/28/2015 due to a decline in the valuation index.
B
Buy
7/7/2015Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to B- from C+ on 7/7/2015 due to a significant increase in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to B- from C+ on 7/7/2015 due to a significant increase in the total return index and volatility index.
C
Hold
5/15/2015Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 5/15/2015 due to a substantial increase in the valuation index and efficiency index. Net income increased 3,624.45% from $45.8 to $1.71M, and total capital increased 7.9% from $77.46M to $83.58M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C+ from C on 5/15/2015 due to a substantial increase in the valuation index and efficiency index. Net income increased 3,624.45% from $45.8 to $1.71M, and total capital increased 7.9% from $77.46M to $83.58M.
C
Hold
8/15/2014Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 8/15/2014 due to a major increase in the growth index. Total revenue increased 5.26% from $41.63M to $43.82M.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 8/15/2014 due to a major increase in the growth index. Total revenue increased 5.26% from $41.63M to $43.82M.
C
Hold
5/23/2014Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 5/23/2014 due to a noticeable decline in the total return index.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 5/23/2014 due to a noticeable decline in the total return index.
C
Hold
5/16/2014Upgraded
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 5/16/2014 due to an increase in the total return index and volatility index.
Tree Island Steel Ltd. (TSL.TO) was upgraded to C from C- on 5/16/2014 due to an increase in the total return index and volatility index.
C
Hold
4/24/2014Downgrade
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 4/24/2014 due to a decline in the growth index, valuation index and solvency index. Operating cash flow declined 135.3% from $2.77M to -$979, EBIT declined 67.61% from $791.5 to $256.4, and the quick ratio declined from 0.77 to 0.44.
Tree Island Steel Ltd. (TSL.TO) was downgraded to C- from C on 4/24/2014 due to a decline in the growth index, valuation index and solvency index. Operating cash flow declined 135.3% from $2.77M to -$979, EBIT declined 67.61% from $791.5 to $256.4, and the quick ratio declined from 0.77 to 0.44.