Algoma Steel Group Inc

NASDAQ ASTL

Data sourced from iex and EODHD
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Algoma Steel Group Inc Cash Interest Coverage Ratio for the Trailing 12 Months (TTM) ending December 31, 2023: -4.65

Algoma Steel Group Inc Cash Interest Coverage Ratio is -4.65 for the Trailing 12 Months (TTM) ending December 31, 2023, a -111.08% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability.
  • Algoma Steel Group Inc Cash Interest Coverage Ratio for the Trailing 12 Months (TTM) ending December 31, 2022 was 41.96, a 210.37% change year over year.
  • Algoma Steel Group Inc Cash Interest Coverage Ratio for the Trailing 12 Months (TTM) ending December 31, 2021 was 13.52, a 783.68% change year over year.
  • Algoma Steel Group Inc Cash Interest Coverage Ratio for the Trailing 12 Months (TTM) ending December 31, 2020 was -1.98.
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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