Algoma Total Assets from 2010 to 2026

ASTL Stock  USD 4.30  0.76  15.02%   
Algoma Steel Total Assets yearly trend continues to be quite stable with very little volatility. The value of Total Assets are projected to decrease to about 2.5 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2012-09-30
Previous Quarter
2.9 B
Current Value
2.4 B
Quarterly Volatility
516.8 M
 
Yuan Drop
 
Covid
 
Interest Hikes
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 118.9 M, Interest Expense of 29.1 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0137 or PTB Ratio of 0.96. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
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Check out the analysis of Algoma Steel Correlation against competitors.
Historical Total Assets data for Algoma Steel serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Algoma Steel Group represents a compelling investment opportunity.

Latest Algoma Steel's Total Assets Growth Pattern

Below is the plot of the Total Assets of Algoma Steel Group over the last few years. Total assets refers to the total amount of Algoma Steel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Algoma Steel Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Algoma Steel's Total Assets 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.
ViewLast Reported 3.19 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Algoma Total Assets Regression Statistics

Arithmetic Mean2,184,128,824
Geometric Mean2,121,646,463
Coefficient Of Variation26.69
Mean Deviation477,213,772
Median1,877,600,000
Standard Deviation582,973,970
Sample Variance339858.6T
Range2.1B
R-Value0.72
Mean Square Error172250.2T
R-Squared0.52
Significance0
Slope83,636,495
Total Sum of Squares5437738.4T

Algoma Total Assets History

20262.5 B
20253.7 B
20243.2 B
20232.7 B
20222.5 B
20212.7 B
20201.6 B

Other Fundumenentals of Algoma Steel Group

Algoma Steel Total Assets component correlations

0.830.82-0.510.590.490.26-0.350.8-0.43-0.340.870.16-0.89-0.820.95-0.790.870.73-0.520.65
0.831.0-0.810.890.060.62-0.780.91-0.49-0.690.85-0.25-0.93-0.890.88-0.90.90.82-0.460.52
0.821.0-0.830.910.020.64-0.80.92-0.48-0.720.83-0.28-0.92-0.880.86-0.890.890.82-0.440.5
-0.51-0.81-0.83-0.830.35-0.920.88-0.890.40.72-0.750.450.750.72-0.650.71-0.81-0.84-0.08-0.12
0.590.890.91-0.83-0.280.71-0.920.85-0.46-0.90.59-0.51-0.72-0.710.64-0.720.670.59-0.380.31
0.490.060.020.35-0.28-0.570.52-0.11-0.260.580.310.8-0.29-0.240.4-0.220.230.1-0.470.38
0.260.620.64-0.920.71-0.57-0.850.76-0.37-0.710.53-0.69-0.49-0.510.36-0.520.60.690.320.08
-0.35-0.78-0.80.88-0.920.52-0.85-0.760.350.89-0.50.630.60.63-0.460.65-0.58-0.580.15-0.16
0.80.910.92-0.890.85-0.110.76-0.76-0.41-0.730.84-0.37-0.84-0.790.82-0.770.880.84-0.150.43
-0.43-0.49-0.480.4-0.46-0.26-0.370.35-0.410.15-0.46-0.010.490.51-0.420.51-0.47-0.420.22-0.22
-0.34-0.69-0.720.72-0.90.58-0.710.89-0.730.15-0.310.770.430.48-0.350.48-0.41-0.360.21-0.21
0.870.850.83-0.750.590.310.53-0.50.84-0.46-0.310.1-0.96-0.90.93-0.880.990.95-0.190.42
0.16-0.25-0.280.45-0.510.8-0.690.63-0.37-0.010.770.1-0.080.010.160.05-0.01-0.05-0.25-0.08
-0.89-0.93-0.920.75-0.72-0.29-0.490.6-0.840.490.43-0.96-0.080.95-0.940.94-0.97-0.890.41-0.43
-0.82-0.89-0.880.72-0.71-0.24-0.510.63-0.790.510.48-0.90.010.95-0.830.99-0.91-0.80.43-0.43
0.950.880.86-0.650.640.40.36-0.460.82-0.42-0.350.930.16-0.94-0.83-0.80.930.85-0.440.56
-0.79-0.9-0.890.71-0.72-0.22-0.520.65-0.770.510.48-0.880.050.940.99-0.8-0.9-0.80.44-0.44
0.870.90.89-0.810.670.230.6-0.580.88-0.47-0.410.99-0.01-0.97-0.910.93-0.90.96-0.220.44
0.730.820.82-0.840.590.10.69-0.580.84-0.42-0.360.95-0.05-0.89-0.80.85-0.80.96-0.010.35
-0.52-0.46-0.44-0.08-0.38-0.470.320.15-0.150.220.21-0.19-0.250.410.43-0.440.44-0.22-0.01-0.5
0.650.520.5-0.120.310.380.08-0.160.43-0.22-0.210.42-0.08-0.43-0.430.56-0.440.440.35-0.5
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About Algoma Steel Financial Statements

Algoma Steel investors utilize fundamental indicators, such as Total Assets, 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
Total Assets3.7 B2.5 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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. Comprehensive Algoma Steel assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.427
Earnings Share
(1.03)
Revenue Per Share
20.378
Quarterly Revenue Growth
(0.13)
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.
Understanding that Algoma Steel's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algoma Steel represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Algoma Steel's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.