Algoma Steel Group Inc

NASDAQ ASTL

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Algoma Steel Group Inc Return on Total Capital (ROTC) 1 year YoY Change (%) for the quarter ending December 31, 2023: -21.80%

Algoma Steel Group Inc Return on Total Capital (ROTC) 1 year YoY Change (%) is -21.80% for the quarter ending December 31, 2023, a 83.69% change year over year. Return on total capital measures the profitability of a company relative to its total capital, which includes total debt and shareholders' equity. It is calculated by dividing the net income by the sum of total debt and shareholders' equity. This ratio provides insights into the return generated for each unit of total capital invested in the company. A higher return on total capital indicates better profitability and efficient utilization of both debt and equity capital. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Algoma Steel Group Inc Return on Total Capital (ROTC) for the quarter ending December 31, 2022 was -4.39%, a -133.72% change year over year.
  • Algoma Steel Group Inc Return on Total Capital (ROTC) for the quarter ending December 31, 2021 was 13.02%.
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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