Algoma Steel Group Inc

NASDAQ ASTL

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Algoma Steel Group Inc Depreciation and Amortization 3 year CAGR for the quarter ending December 31, 2023: 11.49%

Algoma Steel Group Inc Depreciation and Amortization 3 year CAGR is 11.49% for the quarter ending December 31, 2023. Depreciation and Amortization involve the systematic allocation of the cost of tangible and intangible assets over their useful lives. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Algoma Steel Group Inc Depreciation and Amortization for the quarter ending December 31, 2022 was CAD 28.60 M, a 33.02% change year over year.
  • Algoma Steel Group Inc Depreciation and Amortization for the quarter ending December 31, 2021 was CAD 21.50 M, a -5.70% change year over year.
  • Algoma Steel Group Inc Depreciation and Amortization for the quarter ending December 31, 2020 was CAD 22.80 M.
NASDAQ: ASTL

Algoma Steel Group Inc

CEO Mr. Rajat Marwah
IPO Date Oct. 20, 2021
Location Canada
Headquarters 105 West Street, Sault Ste. Marie, ON, Canada, P6A 7B4
Employees 2,847
Sector Basic Materials
Industry Steel
Description

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

StockViz Staff

September 19, 2024

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