Algoma Steel Group Inc Sales to Total Assets Ratio 2 year CAGR is -27.38% for the Trailing 12 Months (TTM) ending December 31, 2023. Sales to total assets ratio measures the revenue generated by a company relative to its total assets. It is calculated by dividing the revenue by the total assets. This ratio provides insights into the efficiency of the company's asset base in generating sales revenue. A higher sales to total assets ratio suggests better revenue generation efficiency and effective asset utilization. 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.