Algoma Free Cash Flow Yield vs Cash Flow To Debt Ratio Analysis

ASTL Stock

USD 10.71 0.36 3.25%

Algoma Steel financial indicator trend analysis is way more than just evaluating Algoma Steel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Algoma Steel Group is a good investment. Please check the relationship between Algoma Steel Free Cash Flow Yield and its Cash Flow To Debt Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow Yield vs Cash Flow To Debt Ratio

Free Cash Flow Yield vs Cash Flow To Debt Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Algoma Steel Group Free Cash Flow Yield account and Cash Flow To Debt Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Algoma Steel's Free Cash Flow Yield and Cash Flow To Debt Ratio is 0.84. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Flow To Debt Ratio in the same time period over historical financial statements of Algoma Steel Group, assuming nothing else is changed. The correlation between historical values of Algoma Steel's Free Cash Flow Yield and Cash Flow To Debt Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Algoma Steel Group are associated (or correlated) with its Cash Flow To Debt Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flow To Debt Ratio has no effect on the direction of Free Cash Flow Yield i.e., Algoma Steel's Free Cash Flow Yield and Cash Flow To Debt Ratio go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Cash Flow To Debt Ratio

Most indicators from Algoma Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Algoma Steel Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Enterprise Value is expected to rise to about 3.4 B this year, although the value of Tax Provision will most likely fall to about 37.7 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	103M	99.3M	139.6M	112.4M
Cost Of Revenue	2.3B	2.4B	2.5B	2.3B

Total Operating Expenses Cost Of Revenue

Algoma Steel fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.16	-0.03	0.86	-0.39	0.85	0.38	-0.71	0.62	0.12	0.48	0.23	0.27	-0.51	0.47	0.56	-0.59	-0.64	0.76	0.49	-0.41	-0.58	0.75	-0.28	0.94	0.02
Other Current Liab	0.16		0.93	-0.07	0.06	-0.05	0.32	-0.38	-0.31	0.22	-0.02	0.31	-0.3	0.32	-0.02	-0.06	-0.02	-0.81	-0.13	-0.09	0.58	0.22	-0.08	0.26	0.25	0.33
Total Current Liabilities	-0.03	0.93		-0.18	-0.04	-0.15	0.09	-0.11	-0.3	0.01	0.03	0.11	-0.15	0.23	0.03	-0.1	0.11	-0.64	-0.22	-0.14	0.55	0.22	-0.1	0.12	0.03	0.14
Total Stockholder Equity	0.86	-0.07	-0.18		-0.75	1.0	0.01	-0.36	0.92	-0.32	0.52	-0.22	0.68	-0.78	0.51	0.77	-0.76	-0.5	0.85	0.79	-0.77	-0.9	0.89	-0.69	0.81	-0.43
Other Liab	-0.39	0.06	-0.04	-0.75		-0.78	0.48	-0.2	-0.88	0.76	-0.49	0.65	-0.96	0.87	-0.49	-0.74	0.66	0.28	-0.62	-0.87	0.8	0.92	-0.77	0.97	-0.37	0.85
Net Tangible Assets	0.85	-0.05	-0.15	1.0	-0.78		0.02	-0.33	0.93	-0.32	0.48	-0.22	0.69	-0.78	0.48	0.75	-0.76	-0.51	0.85	0.79	-0.77	-0.9	0.87	-0.7	0.78	-0.45
Property Plant And Equipment Net	0.38	0.32	0.09	0.01	0.48	0.02		-0.46	-0.24	0.89	-0.52	0.94	-0.61	0.54	-0.52	-0.51	0.05	-0.36	0.24	-0.35	0.45	0.36	-0.32	0.59	0.24	0.79
Net Debt	-0.71	-0.38	-0.11	-0.36	-0.2	-0.33	-0.46		0.02	-0.46	-0.39	-0.43	0.35	-0.01	-0.39	-0.34	0.25	0.62	-0.15	-0.06	-0.14	0.01	-0.36	-0.33	-0.82	-0.44
Retained Earnings	0.62	-0.31	-0.3	0.92	-0.88	0.93	-0.24	0.02		-0.56	0.45	-0.45	0.89	-0.89	0.45	0.72	-0.7	-0.22	0.83	0.83	-0.92	-0.97	0.83	-0.89	0.53	-0.67
Accounts Payable	0.12	0.22	0.01	-0.32	0.76	-0.32	0.89	-0.46	-0.56		-0.51	0.94	-0.84	0.72	-0.52	-0.63	0.27	-0.09	-0.12	-0.56	0.63	0.65	-0.52	0.84	0.06	0.87
Cash	0.48	-0.02	0.03	0.52	-0.49	0.48	-0.52	-0.39	0.45	-0.51		-0.51	0.49	-0.76	1.0	0.85	-0.31	-0.22	0.17	0.45	-0.47	-0.53	0.84	-0.5	0.6	-0.48
Non Current Assets Total	0.23	0.31	0.11	-0.22	0.65	-0.22	0.94	-0.43	-0.45	0.94	-0.51		-0.73	0.64	-0.51	-0.62	0.19	-0.22	0.09	-0.48	0.59	0.52	-0.44	0.72	0.12	0.91
Non Currrent Assets Other	0.27	-0.3	-0.15	0.68	-0.96	0.69	-0.61	0.35	0.89	-0.84	0.49	-0.73		-0.91	0.49	0.7	-0.56	-0.03	0.58	0.8	-0.88	-0.91	0.74	-1.0	0.22	-0.88
Other Assets	-0.51	0.32	0.23	-0.78	0.87	-0.78	0.54	-0.01	-0.89	0.72	-0.76	0.64	-0.91		-0.76	-0.85	0.56	0.09	-0.59	-0.76	0.89	0.9	-0.92	0.9	-0.49	0.79
Cash And Short Term Investments	0.47	-0.02	0.03	0.51	-0.49	0.48	-0.52	-0.39	0.45	-0.52	1.0	-0.51	0.49	-0.76		0.85	-0.31	-0.22	0.16	0.45	-0.47	-0.53	0.84	-0.49	0.59	-0.48
Net Receivables	0.56	-0.06	-0.1	0.77	-0.74	0.75	-0.51	-0.34	0.72	-0.63	0.85	-0.62	0.7	-0.85	0.85		-0.65	-0.36	0.41	0.8	-0.73	-0.81	0.93	-0.7	0.7	-0.65
Common Stock Shares Outstanding	-0.59	-0.02	0.11	-0.76	0.66	-0.76	0.05	0.25	-0.7	0.27	-0.31	0.19	-0.56	0.56	-0.31	-0.65		0.45	-0.68	-0.84	0.63	0.76	-0.66	0.57	-0.64	0.38
Non Current Liabilities Total	-0.64	-0.81	-0.64	-0.5	0.28	-0.51	-0.36	0.62	-0.22	-0.09	-0.22	-0.22	-0.03	0.09	-0.22	-0.36	0.45		-0.36	-0.34	-0.1	0.27	-0.4	0.07	-0.7	-0.14
Inventory	0.76	-0.13	-0.22	0.85	-0.62	0.85	0.24	-0.15	0.83	-0.12	0.17	0.09	0.58	-0.59	0.16	0.41	-0.68	-0.36		0.68	-0.67	-0.79	0.64	-0.59	0.6	-0.2
Other Current Assets	0.49	-0.09	-0.14	0.79	-0.87	0.79	-0.35	-0.06	0.83	-0.56	0.45	-0.48	0.8	-0.76	0.45	0.8	-0.84	-0.34	0.68		-0.81	-0.92	0.78	-0.81	0.56	-0.66
Other Stockholder Equity	-0.41	0.58	0.55	-0.77	0.8	-0.77	0.45	-0.14	-0.92	0.63	-0.47	0.59	-0.88	0.89	-0.47	-0.73	0.63	-0.1	-0.67	-0.81		0.92	-0.77	0.87	-0.37	0.76
Total Liab	-0.58	0.22	0.22	-0.9	0.92	-0.9	0.36	0.01	-0.97	0.65	-0.53	0.52	-0.91	0.9	-0.53	-0.81	0.76	0.27	-0.79	-0.92	0.92		-0.87	0.92	-0.56	0.69
Total Current Assets	0.75	-0.08	-0.1	0.89	-0.77	0.87	-0.32	-0.36	0.83	-0.52	0.84	-0.44	0.74	-0.92	0.84	0.93	-0.66	-0.4	0.64	0.78	-0.77	-0.87		-0.74	0.78	-0.56
Intangible Assets	-0.28	0.26	0.12	-0.69	0.97	-0.7	0.59	-0.33	-0.89	0.84	-0.5	0.72	-1.0	0.9	-0.49	-0.7	0.57	0.07	-0.59	-0.81	0.87	0.92	-0.74		-0.24	0.88
Common Stock	0.94	0.25	0.03	0.81	-0.37	0.78	0.24	-0.82	0.53	0.06	0.6	0.12	0.22	-0.49	0.59	0.7	-0.64	-0.7	0.6	0.56	-0.37	-0.56	0.78	-0.24		-0.01
Property Plant Equipment	0.02	0.33	0.14	-0.43	0.85	-0.45	0.79	-0.44	-0.67	0.87	-0.48	0.91	-0.88	0.79	-0.48	-0.65	0.38	-0.14	-0.2	-0.66	0.76	0.69	-0.56	0.88	-0.01

Click cells to compare fundamentals

Algoma Steel Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In Algoma

Details

Is Algoma Stock a good investment?

Details

What is Algoma Steel's Net Worth?

Details

Largest Diversified Metals & Mining Companies

View

Largest Materials Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Algoma Free Cash Flow Yield vs Cash Flow To Debt Ratio Analysis

Free Cash Flow Yield vs Cash Flow To Debt Ratio

Free Cash Flow Yield vs Cash Flow To Debt Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Cash Flow To Debt Ratio

Algoma Steel fundamental ratios Correlations

Algoma Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 0.97	Other Liab
Common Stock	+ 0.94	Total Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Accounts Payable

Intangible Assets	- 1.0	Non Currrent Assets Other
Total Liab	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.96	Other Liab
Total Liab	- 0.92	Other Current Assets
Total Current Assets	- 0.92	Other Assets
Other Stockholder Equity	- 0.92	Retained Earnings