Algoma Steel Group Inc.

Algoma Steel Group Inc.verified

ASTLW

Price:

$1.8

Market Cap:

$1.49B

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company 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

Stock Exchange

NASDAQ

Ticker

ASTLW

The Current Ratio as of November 2024 (TTM) for Algoma Steel Group Inc. (ASTLW) is 4.19

According to Algoma Steel Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.19. This represents a change of 26.40% compared to the average of 3.31 of the last 4 quarters.

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

How has ASTLW Current Ratio performed in the past?

The mean historical Current Ratio of Algoma Steel Group Inc. over the last ten years is 3.05. The current 4.19 Current Ratio has changed 13.62% with respect to the historical average. Over the past ten years (40 quarters), ASTLW'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

3.05

Median

2.95

Minimum

2.34

Maximum

3.98

Algoma Steel Group Inc. (ASTLW) 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 = 47.48%

Maximum Annual Current Ratio = 3.98

Minimum Annual Increase = -25.95%

Minimum Annual Current Ratio = 2.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.95-25.95%
20233.9811.59%
20223.5747.48%
20212.423.16%

Algoma Steel Group Inc. (ASTLW) Average Current Ratio

How has ASTLW Current Ratio performed in the past?

The current Current Ratio of Algoma Steel Group Inc. (ASTLW) is greater 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

3.05

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

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

Algoma Steel Group Inc.’s Current Ratio is less than Algoma Steel Group Inc. (4.19), greater than indie Semiconductor, Inc. (2.66), greater than Evolv Technologies Holdings, Inc. (1.74), greater than Benson Hill, Inc. (2.38), less than Valens Semiconductor Ltd. WT (9.71),

Build a custom stock screener for Algoma Steel Group Inc. (ASTLW) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Algoma Steel Group Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Algoma Steel Group Inc. (ASTLW) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Algoma Steel Group Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Algoma Steel Group Inc.'s Current Ratio?

How is the Current Ratio calculated for Algoma Steel Group Inc. (ASTLW)?

What is the highest Current Ratio for Algoma Steel Group Inc. (ASTLW)?

What is the 3-year average Current Ratio for Algoma Steel Group Inc. (ASTLW)?

What is the 5-year average Current Ratio for Algoma Steel Group Inc. (ASTLW)?

How does the current Current Ratio for Algoma Steel Group Inc. (ASTLW) compare to its historical average?