Algoma Central Corporation

Algoma Central Corporationverified

ALC.TO

Price:

$14.49

Market Cap:

$587.83M

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. It operates self-unloading bulk carriers; and owns and manages tankers for the transportation of liquid petroleum products throughout the Great Lakes, the St. Lawrence waterway, and the Atlantic Canada regions. The company also owns eight ocean-going self-unloading vessels that carry coal for power generation, crushed aggregates for construction, gypsum for wallboard manufacturing, iron ore for th...[Read more]

Industry

Marine Shipping

IPO Date

1995-11-29

Stock Exchange

TSX

Ticker

ALC.TO

The Current Ratio as of September 2024 (TTM) for Algoma Central Corporation (ALC.TO) is 0.65

According to Algoma Central Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.65. This represents a change of -21.98% compared to the average of 0.84 of the last 4 quarters.

Algoma Central Corporation (ALC.TO) Historical Current Ratio (quarterly & annually)

How has ALC.TO Current Ratio performed in the past?

The mean historical Current Ratio of Algoma Central Corporation over the last ten years is 2.45. The current 0.65 Current Ratio has changed 2.57% with respect to the historical average. Over the past ten years (40 quarters), ALC.TO's Current Ratio was at its highest in in the December 2015 quarter at 5.91. The Current Ratio was at its lowest in in the September 2020 quarter at 0.30.

Quarterly (TTM)
Annual

Average

2.45

Median

1.96

Minimum

0.73

Maximum

5.91

Algoma Central Corporation (ALC.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Algoma Central Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 114.21%

Maximum Annual Current Ratio = 5.91

Minimum Annual Increase = -72.53%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.10-33.93%
20221.66-26.40%
20212.26114.21%
20201.0544.29%
20190.73-72.53%
20182.66111.85%
20171.25-54.12%
20162.73-53.78%
20155.9115.43%
20145.1216.22%

Algoma Central Corporation (ALC.TO) Average Current Ratio

How has ALC.TO Current Ratio performed in the past?

The current Current Ratio of Algoma Central Corporation (ALC.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.67

5-year avg

1.36

10-year avg

2.45

Algoma Central Corporation (ALC.TO) Current Ratio vs. Peers

How is ALC.TO’s Current Ratio compared to its peers?

Algoma Central Corporation’s Current Ratio is less than Goodfellow Inc. (2.52), less than Leon's Furniture Limited (1.39), less than High Liner Foods Incorporated (2.88), less than Exco Technologies Limited (2.80), less than Wajax Corporation (1.91),

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