Algoma Cost Of Revenue from 2010 to 2024

ASTL Stock  USD 11.26  0.11  0.97%   
Algoma Steel Cost Of Revenue yearly trend continues to be quite stable with very little volatility. The value of Cost Of Revenue is projected to decrease to about 2.3 B. From the period between 2010 and 2024, Algoma Steel, Cost Of Revenue regression line of its data series had standard deviation of  257,591,905 and standard deviation of  257,591,905. View All Fundamentals
 
Cost Of Revenue  
First Reported
2012-12-31
Previous Quarter
624.3 M
Current Value
647.2 M
Quarterly Volatility
88.3 M
 
Yuan Drop
 
Covid
Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Interest Expense of 38.6 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Algoma Steel Group over the last few years. Cost of Revenue is found on Algoma Steel Group income statement and represents the costs associated with goods and services Algoma Steel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Algoma Steel's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Algoma Cost Of Revenue Regression Statistics

Arithmetic Mean2,163,744,000
Geometric Mean2,148,605,836
Coefficient Of Variation11.90
Mean Deviation226,955,200
Median2,327,100,000
Standard Deviation257,591,905
Sample Variance66353.6T
Range879.4M
R-Value0.51
Mean Square Error52822.5T
R-Squared0.26
Significance0.05
Slope29,414,357
Total Sum of Squares928950.3T

Algoma Cost Of Revenue History

20242.3 B
20232.5 B
20222.4 B
20212.3 B
20201.6 B
2019B

About Algoma Steel Financial Statements

Algoma Steel investors utilize fundamental indicators, such as Cost Of Revenue, to predict how Algoma Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue2.5 B2.3 B

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When determining whether Algoma Steel Group is a strong investment it is important to analyze Algoma Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algoma Steel's future performance. For an informed investment choice regarding Algoma Stock, refer to the following important reports:
Check out the analysis of Algoma Steel Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.236
Earnings Share
(1.04)
Revenue Per Share
22.941
Quarterly Revenue Growth
(0.18)
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.