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Algoma Steel Group (ASTLW) Financials

Algoma Steel Group logo
$0.32 -0.03 (-7.95%)
Closing price 04/28/2025 02:26 PM Eastern
Extended Trading
$0.36 +0.04 (+10.80%)
As of 04/28/2025 04:07 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Algoma Steel Group

Annual Income Statements for Algoma Steel Group

This table shows Algoma Steel Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-124 -61 687 221 78
Consolidated Net Income / (Loss)
-124 -61 687 221 78
Net Income / (Loss) Continuing Operations
-124 -61 687 221 78
Total Pre-Tax Income
-127 -61 927 278 107
Total Operating Income
-97 68 1,130 215 124
Total Gross Profit
-56 125 1,213 288 208
Total Revenue
1,379 1,430 3,049 2,054 2,065
Operating Revenue
1,379 1,430 3,049 2,054 2,065
Total Cost of Revenue
1,435 1,305 1,836 1,766 1,856
Operating Cost of Revenue
1,435 1,305 1,836 1,766 1,856
Total Operating Expenses
40 58 83 73 85
Selling, General & Admin Expense
40 58 83 73 85
Total Other Income / (Expense), net
-30 -128 -204 63 -17
Interest Expense
12 14 198 13 14
Interest & Investment Income
1.83 0.88 0.40 9.83 7.39
Other Income / (Expense), net
-20 -116 -6.17 66 -9.68
Income Tax Expense
-3.03 0.00 239 57 29
Weighted Average Basic Shares Outstanding
- - 147.96M 103.57M 104.10M
Diluted Earnings per Share
($2.46) ($1.06) $7.75 $1.26 $0.52
Weighted Average Diluted Shares Outstanding
- - 147.96M 103.57M 104.10M
Weighted Average Basic & Diluted Shares Outstanding
- - 147.96M 103.57M 104.10M

Quarterly Income Statements for Algoma Steel Group

No quarterly income statements for Algoma Steel Group are available.


Annual Cash Flow Statements for Algoma Steel Group

This table details how cash moves in and out of Algoma Steel Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
191 -265 1,483 -854 -110
Net Cash From Operating Activities
71 -78 1,746 -239 218
Net Cash From Continuing Operating Activities
71 -78 1,746 -239 180
Net Income / (Loss) Continuing Operations
0.00 0.00 0.00 0.00 78
Consolidated Net Income / (Loss)
- - - - 78
Depreciation Expense
- - - - 85
Non-Cash Adjustments To Reconcile Net Income
-20 116 1,030 255 23
Changes in Operating Assets and Liabilities, net
91 -194 716 -494 -5.54
Net Cash From Investing Activities
-50 -52 -131 -228 -362
Net Cash From Continuing Investing Activities
-50 -52 -131 -228 -362
Purchase of Property, Plant & Equipment
-80 -57 -133 -274 -362
Net Cash From Financing Activities
174 -133 -129 -430 33
Net Cash From Continuing Financing Activities
168 -126 -129 -430 43
Repayment of Debt
-7.26 -10 -367 - -0.22
Payment of Dividends
0.00 0.00 -7.45 -23 -21
Issuance of Debt
176 -116 -70 1.33 55
Other Financing Activities, net
- - - - 8.27

Quarterly Cash Flow Statements for Algoma Steel Group

No quarterly cash flow statements for Algoma Steel Group are available.


Annual Balance Sheets for Algoma Steel Group

This table presents Algoma Steel Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets
1,238 2,158 1,816 2,213
Total Current Assets
672 1,535 1,010 1,042
Cash & Equivalents
17 733 183 185
Restricted Cash
3.11 3.12 2.88 0.07
Accounts Receivable
219 322 215 158
Inventories, net
331 385 534 611
Prepaid Expenses
59 64 70 30
Current Deferred & Refundable Income Taxes
- - - 59
Plant, Property, & Equipment, net
558 620 799 1,155
Plant, Property & Equipment, gross
-3.27 20 16 5.49
Total Noncurrent Assets
12 7.21 11 16
Intangible Assets
1.20 0.88 0.67 0.35
Other Noncurrent Operating Assets
11 6.33 10 15
Total Liabilities & Shareholders' Equity
1,238 2,158 1,816 2,213
Total Liabilities
1,100 890 734 1,165
Total Current Liabilities
184 292 254 268
Short-Term Debt
0.00 8.01 7.39 17
Accounts Payable
123 210 151 222
Other Taxes Payable
22 52 11 29
Total Noncurrent Liabilities
916 598 481 897
Long-Term Debt
502 68 83 439
Asset Retirement Reserve & Litigation Obligation
32 30 27 26
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 74 71 77
Noncurrent Employee Benefit Liabilities
381 287 301 267
Other Noncurrent Operating Liabilities
1.99 138 82 88
Total Equity & Noncontrolling Interests
274 1,288 1,081 1,053
Total Preferred & Common Equity
274 1,288 1,097 1,053
Total Common Equity
274 1,288 1,097 1,053
Common Stock
326 1,104 709 677
Retained Earnings
-199 62 156 71
Accumulated Other Comprehensive Income / (Loss)
7.57 122 232 305

Quarterly Balance Sheets for Algoma Steel Group

No quarterly balance sheets for Algoma Steel Group are available.


Annual Metrics and Ratios for Algoma Steel Group

This table displays calculated financial ratios and metrics derived from Algoma Steel Group's official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 3.72% 113.19% -32.63% 0.51%
EBITDA Growth
0.00% 58.87% 2,443.59% -75.01% -29.24%
EBIT Growth
0.00% 58.87% 2,443.59% -75.01% -59.47%
NOPAT Growth
0.00% 169.99% 1,672.20% -79.66% -47.38%
Net Income Growth
0.00% 51.08% 1,233.13% -67.88% -64.80%
EPS Growth
0.00% 56.91% 831.13% -83.69% -59.11%
Operating Cash Flow Growth
0.00% -210.38% 2,334.07% -113.68% 191.14%
Free Cash Flow Firm Growth
0.00% 0.00% 248.50% -124.39% -17.27%
Invested Capital Growth
0.00% 0.00% -1.97% 62.17% 33.78%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - -
Gross Margin
-4.09% 8.76% 39.78% 14.03% 10.10%
EBITDA Margin
-8.46% -3.35% 36.87% 13.68% 9.63%
Operating Margin
-7.00% 4.72% 37.07% 10.46% 5.98%
EBIT Margin
-8.46% -3.35% 36.87% 13.68% 5.52%
Profit (Net Income) Margin
-8.99% -4.24% 22.54% 10.74% 3.76%
Tax Burden Percent
97.61% 100.00% 74.16% 79.37% 72.60%
Interest Burden Percent
108.88% 126.41% 82.42% 98.97% 93.97%
Effective Tax Rate
0.00% 0.00% 25.84% 20.63% 27.40%
Return on Invested Capital (ROIC)
0.00% 15.26% 136.54% 21.39% 7.79%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -47.08% 227.06% 8.44% -6.32%
Return on Net Nonoperating Assets (RNNOA)
0.00% -59.57% -48.55% -2.76% -0.50%
Return on Equity (ROE)
0.00% -44.31% 87.99% 18.63% 7.28%
Cash Return on Invested Capital (CROIC)
0.00% -184.74% 138.53% -26.03% -21.11%
Operating Return on Assets (OROA)
0.00% -3.87% 66.21% 14.14% 5.65%
Return on Assets (ROA)
0.00% -4.90% 40.47% 11.11% 3.86%
Return on Common Equity (ROCE)
0.00% -44.31% 87.99% 18.76% 7.34%
Return on Equity Simple (ROE_SIMPLE)
0.00% -22.15% 53.35% 20.12% 7.38%
Net Operating Profit after Tax (NOPAT)
-68 47 838 170 90
NOPAT Margin
-4.90% 3.31% 27.49% 8.30% 4.34%
Net Nonoperating Expense Percent (NNEP)
0.00% 62.34% -90.52% 12.95% 14.11%
Return On Investment Capital (ROIC_SIMPLE)
- - - - 5.94%
Cost of Revenue to Revenue
104.09% 91.24% 60.22% 85.97% 89.90%
SG&A Expenses to Revenue
2.91% 4.03% 2.71% 3.57% 4.11%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
2.91% 4.03% 2.71% 3.57% 4.11%
Earnings before Interest and Taxes (EBIT)
-117 -48 1,124 281 114
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-117 -48 1,124 281 199
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 1.05 0.82
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 1.05 0.82
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.56 0.42
Price to Earnings (P/E)
0.00 0.00 0.00 5.21 11.13
Dividend Yield
0.00% 0.00% 0.47% 2.57% 2.40%
Earnings Yield
0.00% 0.00% 0.00% 19.18% 8.99%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 1.07 0.86
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.51 0.55
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 3.76 5.71
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 3.76 9.97
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 6.19 12.66
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 5.21
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.00 1.83 0.06 0.08 0.43
Long-Term Debt to Equity
0.00 1.83 0.05 0.08 0.42
Financial Leverage
0.00 1.27 -0.21 -0.33 0.08
Leverage Ratio
0.00 4.52 2.17 1.68 1.89
Compound Leverage Factor
0.00 5.72 1.79 1.66 1.77
Debt to Total Capital
0.00% 64.69% 5.60% 7.72% 30.24%
Short-Term Debt to Total Capital
0.00% 0.00% 0.59% 0.63% 1.15%
Long-Term Debt to Total Capital
0.00% 64.69% 5.01% 7.09% 29.09%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 35.31% 94.40% 93.63% 69.76%
Debt to EBITDA
0.00 -10.46 0.07 0.32 2.30
Net Debt to EBITDA
0.00 -10.04 -0.59 -0.34 1.36
Long-Term Debt to EBITDA
0.00 -10.46 0.06 0.30 2.21
Debt to NOPAT
0.00 10.60 0.09 0.53 5.09
Net Debt to NOPAT
0.00 10.18 -0.79 -0.56 3.02
Long-Term Debt to NOPAT
0.00 10.60 0.08 0.49 4.90
Altman Z-Score
0.00 0.00 0.00 3.20 2.01
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% -0.67% -0.74%
Liquidity Ratios
- - - - -
Current Ratio
0.00 3.66 5.25 3.98 3.89
Quick Ratio
0.00 1.28 3.61 1.57 1.28
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -573 851 -207 -243
Operating Cash Flow to CapEx
88.70% -136.82% 1,311.61% -87.09% 60.17%
Free Cash Flow to Firm to Interest Expense
0.00 -42.28 4.29 -16.31 -17.06
Operating Cash Flow to Interest Expense
5.81 -5.77 8.82 -18.79 15.28
Operating Cash Flow Less CapEx to Interest Expense
-0.74 -9.99 8.15 -40.37 -10.11
Efficiency Ratios
- - - - -
Asset Turnover
0.00 1.16 1.80 1.03 1.03
Accounts Receivable Turnover
0.00 6.54 11.27 7.64 11.06
Inventory Turnover
0.00 3.94 5.13 3.84 3.24
Fixed Asset Turnover
0.00 2.56 5.18 2.89 2.11
Accounts Payable Turnover
0.00 10.65 11.05 9.78 9.96
Days Sales Outstanding (DSO)
0.00 55.84 32.39 47.76 33.00
Days Inventory Outstanding (DIO)
0.00 92.56 71.11 94.95 112.56
Days Payable Outstanding (DPO)
0.00 34.28 33.03 37.31 36.66
Cash Conversion Cycle (CCC)
0.00 114.12 70.46 105.40 108.90
Capital & Investment Metrics
- - - - -
Invested Capital
0.00 620 608 986 1,319
Invested Capital Turnover
0.00 4.61 4.97 2.58 1.79
Increase / (Decrease) in Invested Capital
0.00 620 -12 378 333
Enterprise Value (EV)
0.00 0.00 0.00 1,055 1,136
Market Capitalization
0.00 0.00 0.00 1,151 864
Book Value per Share
$0.00 $0.00 $8.71 $7.41 $10.17
Tangible Book Value per Share
$0.00 $0.00 $8.70 $7.41 $10.16
Total Capital
0.00 775 1,364 1,172 1,510
Total Debt
0.00 502 76 90 457
Total Long-Term Debt
0.00 502 68 83 439
Net Debt
0.00 482 -660 -95 271
Capital Expenditures (CapEx)
80 57 133 274 362
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 468 515 578 606
Debt-free Net Working Capital (DFNWC)
0.00 488 1,251 764 792
Net Working Capital (NWC)
0.00 488 1,243 756 774
Net Nonoperating Expense (NNE)
56 108 151 -50 12
Net Nonoperating Obligations (NNO)
0.00 346 -680 -95 266
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 85
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 32.72% 16.88% 28.13% 29.37%
Debt-free Net Working Capital to Revenue
0.00% 34.12% 41.03% 37.17% 38.35%
Net Working Capital to Revenue
0.00% 34.12% 40.76% 36.81% 37.51%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 147.96M 103.57M 104.10M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $7.75 $1.71 $0.52
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 147.96M 103.57M 104.10M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 147.96M 103.57M 104.10M
Normalized Net Operating Profit after Tax (NOPAT)
-68 47 838 170 90
Normalized NOPAT Margin
-4.90% 3.31% 27.49% 8.30% 4.34%
Pre Tax Income Margin
-9.21% -4.24% 30.39% 13.54% 5.18%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
-9.57 -3.54 5.68 22.09 7.99
NOPAT to Interest Expense
-5.54 3.49 4.23 13.40 6.29
EBIT Less CapEx to Interest Expense
-16.12 -7.76 5.00 0.52 -17.40
NOPAT Less CapEx to Interest Expense
-12.09 -0.73 3.56 -8.17 -19.10
Payout Ratios
- - - - -
Dividend Payout Ratio
0.00% 0.00% 1.08% 10.28% 26.52%
Augmented Payout Ratio
0.00% 0.00% 1.08% 195.61% 26.52%

Quarterly Metrics and Ratios for Algoma Steel Group

No quarterly metrics and ratios for Algoma Steel Group are available.


Frequently Asked Questions About Algoma Steel Group's Financials

When does Algoma Steel Group's financial year end?

According to the most recent income statement we have on file, Algoma Steel Group's fiscal year ends in March. Their fiscal year 2024 ended on March 31, 2024.

How has Algoma Steel Group's net income changed over the last 4 years?

Algoma Steel Group's net income appears to be on an upward trend, with a most recent value of $77.70 million in 2024, falling from -$123.96 million in 2020. The previous period was $220.70 million in 2023.

What is Algoma Steel Group's operating income?
Algoma Steel Group's total operating income in 2024 was $123.56 million, based on the following breakdown:
  • Total Gross Profit: $208.49 million
  • Total Operating Expenses: $84.93 million
How has Algoma Steel Group revenue changed over the last 4 years?

Over the last 4 years, Algoma Steel Group's total revenue changed from $1.38 billion in 2020 to $2.06 billion in 2024, a change of 49.7%.

How much debt does Algoma Steel Group have?

Algoma Steel Group's total liabilities were at $1.17 billion at the end of 2024, a 58.6% increase from 2023, and a 5.9% increase since 2021.

How much cash does Algoma Steel Group have?

In the past 3 years, Algoma Steel Group's cash and equivalents has ranged from $16.89 million in 2021 to $733.30 million in 2022, and is currently $185.35 million as of their latest financial filing in 2024.

How has Algoma Steel Group's book value per share changed over the last 4 years?

Over the last 4 years, Algoma Steel Group's book value per share changed from 0.00 in 2020 to 10.17 in 2024, a change of 1,016.8%.



This page (NASDAQ:ASTLW) was last updated on 4/29/2025 by MarketBeat.com Staff
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