Algoma Debt Ratio from 2010 to 2024

ASTLW Stock

USD 1.87 0.02 1.06%

Algoma Steel Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.05 in 2024. During the period from 2010 to 2024, Algoma Steel Debt Ratio regression line of quarterly data had mean square error of 0.01 and geometric mean of 0.27. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.05377429

Current Value

0.0511

Quarterly Volatility

0.22829595

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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, Total Revenue of 2.7 B or Gross Profit of 337.6 M, 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 Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Algoma Steel Group over the last few years. It is Algoma Steel's Debt Ratio 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.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Algoma Debt Ratio Regression Statistics

	Arithmetic Mean	0.39
	Geometric Mean	0.27
	Coefficient Of Variation	59.19
	Mean Deviation	0.18
	Median	0.44
	Standard Deviation	0.23
	Sample Variance	0.05
	Range	0.6828
	R-Value	(0.89)
	Mean Square Error	0.01
	R-Squared	0.80
	Slope	(0.05)
	Total Sum of Squares	0.73

Algoma Debt Ratio History

	2024	0.0511
	2023	0.0538
	2022	0.0498
	2021	0.0354
	2020	0.41
	2014	0.44
	2013	0.72

Other Fundumenentals of Algoma Steel Group

Cash Flow To Debt Ratio

Algoma Steel Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Long Term Debt	Net Receivables	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt	Current Deferred Revenue
Total Assets		0.86	-0.72	0.62	0.11	-0.58	0.75	-0.28	0.94	-0.96	0.71	0.99	-0.8	0.95	0.9	-0.81	-0.78
Total Stockholder Equity	0.86		-0.37	0.92	-0.33	-0.9	0.89	-0.69	0.81	-0.91	0.72	0.85	-0.87	0.88	0.82	-0.88	-0.81
Net Debt	-0.72	-0.37		0.01	-0.45	0.02	-0.37	-0.32	-0.83	0.67	-0.72	-0.7	0.53	-0.75	-0.79	0.53	0.35
Retained Earnings	0.62	0.92	0.01		-0.57	-0.97	0.83	-0.89	0.53	-0.69	0.49	0.62	-0.7	0.63	0.57	-0.7	-0.68
Accounts Payable	0.11	-0.33	-0.45	-0.57		0.65	-0.53	0.84	0.05	0.01	-0.2	0.06	0.07	-0.05	-0.11	0.07	-0.12
Total Liab	-0.58	-0.9	0.02	-0.97	0.65		-0.87	0.92	-0.56	0.7	-0.55	-0.57	0.73	-0.66	-0.6	0.73	0.58
Total Current Assets	0.75	0.89	-0.37	0.83	-0.53	-0.87		-0.74	0.78	-0.78	0.78	0.74	-0.69	0.84	0.84	-0.7	-0.46
Intangible Assets	-0.28	-0.69	-0.32	-0.89	0.84	0.92	-0.74		-0.24	0.38	-0.32	-0.29	0.44	-0.36	-0.32	0.44	0.34
Common Stock	0.94	0.81	-0.83	0.53	0.05	-0.56	0.78	-0.24		-0.95	0.87	0.91	-0.84	0.99	0.97	-0.85	-0.63
Long Term Debt	-0.96	-0.91	0.67	-0.69	0.01	0.7	-0.78	0.38	-0.95		-0.77	-0.94	0.93	-0.97	-0.91	0.93	0.82
Net Receivables	0.71	0.72	-0.72	0.49	-0.2	-0.55	0.78	-0.32	0.87	-0.77		0.68	-0.76	0.89	0.92	-0.76	-0.42
Net Invested Capital	0.99	0.85	-0.7	0.62	0.06	-0.57	0.74	-0.29	0.91	-0.94	0.68		-0.76	0.92	0.89	-0.77	-0.78
Short Long Term Debt	-0.8	-0.87	0.53	-0.7	0.07	0.73	-0.69	0.44	-0.84	0.93	-0.76	-0.76		-0.88	-0.79	1.0	0.81
Capital Stock	0.95	0.88	-0.75	0.63	-0.05	-0.66	0.84	-0.36	0.99	-0.97	0.89	0.92	-0.88		0.98	-0.89	-0.69
Net Working Capital	0.9	0.82	-0.79	0.57	-0.11	-0.6	0.84	-0.32	0.97	-0.91	0.92	0.89	-0.79	0.98		-0.8	-0.58
Short Term Debt	-0.81	-0.88	0.53	-0.7	0.07	0.73	-0.7	0.44	-0.85	0.93	-0.76	-0.77	1.0	-0.89	-0.8		0.82
Current Deferred Revenue	-0.78	-0.81	0.35	-0.68	-0.12	0.58	-0.46	0.34	-0.63	0.82	-0.42	-0.78	0.81	-0.69	-0.58	0.82

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About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Debt Ratio	0.05	0.05
Cash Flow To Debt Ratio	2.05	1.92

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Algoma Debt Ratio from 2010 to 2024

Latest Algoma Steel's Debt Ratio Growth Pattern

Algoma Debt Ratio Regression Statistics

Algoma Debt Ratio History

Other Fundumenentals of Algoma Steel Group

Algoma Steel Debt Ratio component correlations

About Algoma Steel Financial Statements

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Additional Tools for Algoma Stock Analysis

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