Algoma Net Income from 2010 to 2025

ASTLW Stock  USD 1.14  0.02  1.72%   
Algoma Steel Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 60.5 M in 2025. During the period from 2010 to 2025, Algoma Steel Net Income regression line of quarterly data had mean square error of 57031 T and geometric mean of  110,690,673. View All Fundamentals
 
Net Income  
First Reported
2012-12-31
Previous Quarter
6.1 M
Current Value
-106.6 M
Quarterly Volatility
125.8 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, Total Revenue of 2.7 B or Gross Profit of 341 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0115 or PTB Ratio of 1.11. 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 Net Income Growth Pattern

Below is the plot of the Net Income of Algoma Steel Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Algoma Steel Group financial statement analysis. It represents the amount of money remaining after all of Algoma Steel Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Algoma Steel's Net Income 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 105.2 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Algoma Net Income Regression Statistics

Arithmetic Mean21,494,219
Geometric Mean110,690,673
Coefficient Of Variation1,278
Mean Deviation173,620,664
Median32,200,000
Standard Deviation274,595,773
Sample Variance75402.8T
Range1.2B
R-Value0.54
Mean Square Error57031T
R-Squared0.29
Significance0.03
Slope31,277,136
Total Sum of Squares1131042.6T

Algoma Net Income History

202560.5 M
2024121 M
2023105.2 M
2022298.5 M
2021857.7 M
2020-160.4 M
2019-175.9 M

Other Fundumenentals of Algoma Steel Group

Algoma Steel Net Income component correlations

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Net Income, 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 ReportedProjected for Next Year
Net Income121 M72.1 M
Net Income From Continuing Ops121 M222.1 M
Net Income Per Share 0.63  0.57 
Net Income Per E B T 0.83  1.11 

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.