Algoma Steel Group Inc.

Algoma Steel Group Inc.verified

ASTL

Price:

$11.26

Market Cap:

$1.64B

Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.[Read more]

Industry

Steel

IPO Date

2021-03-04

Stock Exchange

NASDAQ

Ticker

ASTL

The Current Ratio as of November 2024 (TTM) for Algoma Steel Group Inc. (ASTL) is 3.31

According to Algoma Steel Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.31. This represents a change of -0.59% compared to the average of 3.33 of the last 4 quarters.

Algoma Steel Group Inc. (ASTL) Historical Current Ratio (quarterly & annually)

How has ASTL Current Ratio performed in the past?

The mean historical Current Ratio of Algoma Steel Group Inc. over the last ten years is 2.24. The current 3.31 Current Ratio has changed 14.66% with respect to the historical average. Over the past ten years (40 quarters), ASTL's Current Ratio was at its highest in in the June 2024 quarter at 4.19. The Current Ratio was at its lowest in in the June 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.24

Median

2.38

Minimum

0

Maximum

3.98

Algoma Steel Group Inc. (ASTL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Algoma Steel Group Inc. 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 = Infinity%

Maximum Annual Current Ratio = 3.98

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.95-25.95%
20233.9811.59%
20223.5747.48%
20212.423.16%
20202.34Infinity%
20190-100.00%
20140.40-82.41%

Algoma Steel Group Inc. (ASTL) Average Current Ratio

How has ASTL Current Ratio performed in the past?

The current Current Ratio of Algoma Steel Group Inc. (ASTL) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.50

5-year avg

3.05

10-year avg

2.24

Algoma Steel Group Inc. (ASTL) Current Ratio vs. Peers

How is ASTL’s Current Ratio compared to its peers?

Algoma Steel Group Inc.’s Current Ratio is less than Friedman Industries, Incorporated (0), less than ArcelorMittal S.A. (4.07), greater than Aperam S.A. (1.46), greater than Acerinox, S.A. (2.65), greater than Algoma Steel Group Inc. (2.21), less than TimkenSteel Corporation (3.31), greater than Schnitzer Steel Industries, Inc. (2.64), greater than Reliance Steel & Aluminum Co. (1.96), greater than Universal Stainless & Alloy Products, Inc. (3.31), less than Outokumpu Oyj (4.38), greater than Olympic Steel, Inc. (1.54), less than POSCO Holdings Inc. (3.52), greater than null (1.95),

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