Algoma Steel Group Inc

NASDAQ ASTL

Data sourced from iex and EODHD
Download Data

Algoma Steel Group Inc Long-Term Debt to Total Assets Ratio for the Trailing 12 Months (TTM) ending December 31, 2023: 0.05

Algoma Steel Group Inc Long-Term Debt to Total Assets Ratio is 0.05 for the Trailing 12 Months (TTM) ending December 31, 2023, a 43.80% change year over year. The long-term debt to total assets ratio measures the proportion of a company's long-term debt to its total assets. It is calculated by dividing the long-term debt by the total assets. This ratio indicates the extent to which a company's assets are financed by long-term debt. A higher ratio suggests a higher level of long-term debt relative to total assets, which can indicate increased financial risk and affect the company's ability to generate returns for its shareholders.
  • Algoma Steel Group Inc Long-Term Debt to Total Assets Ratio for the Trailing 12 Months (TTM) ending December 31, 2022 was 0.03, a -85.57% change year over year.
  • Algoma Steel Group Inc Long-Term Debt to Total Assets Ratio for the Trailing 12 Months (TTM) ending December 31, 2021 was 0.23.
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

Any question? Send us an email