Algoma Steel Group (ASTLW) Financials

$0.36 0.00 (-0.83%)

As of 10:46 AM Eastern

Annual Income Statements for Algoma Steel Group

This table shows Algoma Steel Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-124	-61	687	221	78
Consolidated Net Income / (Loss)	-124	-61	687	221	78
Net Income / (Loss) Continuing Operations	-124	-61	687	221	78
Total Pre-Tax Income	-127	-61	927	278	107
Total Operating Income	-97	68	1,130	215	124
Total Gross Profit	-56	125	1,213	288	208
Total Revenue	1,379	1,430	3,049	2,054	2,065
Operating Revenue	1,379	1,430	3,049	2,054	2,065
Total Cost of Revenue	1,435	1,305	1,836	1,766	1,856
Operating Cost of Revenue	1,435	1,305	1,836	1,766	1,856
Total Operating Expenses	40	58	83	73	85
Selling, General & Admin Expense	40	58	83	73	85
Total Other Income / (Expense), net	-30	-128	-204	63	-17
Interest Expense	12	14	198	13	14
Interest & Investment Income	1.83	0.88	0.40	9.83	7.39
Other Income / (Expense), net	-20	-116	-6.17	66	-9.68
Income Tax Expense	-3.03	0.00	239	57	29
Weighted Average Basic Shares Outstanding	-	-	147.96M	103.57M	104.10M
Diluted Earnings per Share	($2.46)	($1.06)	$7.75	$1.26	$0.52
Weighted Average Diluted Shares Outstanding	-	-	147.96M	103.57M	104.10M
Weighted Average Basic & Diluted Shares Outstanding	-	-	147.96M	103.57M	104.10M

No quarterly income statements for Algoma Steel Group are available.

This table details how cash moves in and out of Algoma Steel Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Net Change in Cash & Equivalents	191	-265	1,483	-854	-110
Net Cash From Operating Activities	71	-78	1,746	-239	218
Net Cash From Continuing Operating Activities	71	-78	1,746	-239	180
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	0.00	78
Consolidated Net Income / (Loss)	-	-	-	-	78
Depreciation Expense	-	-	-	-	85
Non-Cash Adjustments To Reconcile Net Income	-20	116	1,030	255	23
Changes in Operating Assets and Liabilities, net	91	-194	716	-494	-5.54
Net Cash From Investing Activities	-50	-52	-131	-228	-362
Net Cash From Continuing Investing Activities	-50	-52	-131	-228	-362
Purchase of Property, Plant & Equipment	-80	-57	-133	-274	-362
Net Cash From Financing Activities	174	-133	-129	-430	33
Net Cash From Continuing Financing Activities	168	-126	-129	-430	43
Repayment of Debt	-7.26	-10	-367	-	-0.22
Payment of Dividends	0.00	0.00	-7.45	-23	-21
Issuance of Debt	176	-116	-70	1.33	55
Other Financing Activities, net	-	-	-	-	8.27

No quarterly cash flow statements for Algoma Steel Group are available.

This table presents Algoma Steel Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	3/31/2021	3/31/2022	3/31/2023	12/31/2024
Total Assets	1,238	2,158	1,816	2,213
Total Current Assets	672	1,535	1,010	1,042
Cash & Equivalents	17	733	183	185
Restricted Cash	3.11	3.12	2.88	0.07
Accounts Receivable	219	322	215	158
Inventories, net	331	385	534	611
Prepaid Expenses	59	64	70	30
Current Deferred & Refundable Income Taxes	-	-	-	59
Plant, Property, & Equipment, net	558	620	799	1,155
Plant, Property & Equipment, gross	-3.27	20	16	5.49
Total Noncurrent Assets	12	7.21	11	16
Intangible Assets	1.20	0.88	0.67	0.35
Other Noncurrent Operating Assets	11	6.33	10	15
Total Liabilities & Shareholders' Equity	1,238	2,158	1,816	2,213
Total Liabilities	1,100	890	734	1,165
Total Current Liabilities	184	292	254	268
Short-Term Debt	0.00	8.01	7.39	17
Accounts Payable	123	210	151	222
Other Taxes Payable	22	52	11	29
Total Noncurrent Liabilities	916	598	481	897
Long-Term Debt	502	68	83	439
Asset Retirement Reserve & Litigation Obligation	32	30	27	26
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	74	71	77
Noncurrent Employee Benefit Liabilities	381	287	301	267
Other Noncurrent Operating Liabilities	1.99	138	82	88
Total Equity & Noncontrolling Interests	274	1,288	1,081	1,053
Total Preferred & Common Equity	274	1,288	1,097	1,053
Total Common Equity	274	1,288	1,097	1,053
Common Stock	326	1,104	709	677
Retained Earnings	-199	62	156	71
Accumulated Other Comprehensive Income / (Loss)	7.57	122	232	305

No quarterly balance sheets for Algoma Steel Group are available.

This table displays calculated financial ratios and metrics derived from Algoma Steel Group's official financial filings.

Metric	2020	2021	2022	2023	2024
Period end date	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	3.72%	113.19%	-32.63%	0.51%
EBITDA Growth	0.00%	58.87%	2,443.59%	-75.01%	-29.24%
EBIT Growth	0.00%	58.87%	2,443.59%	-75.01%	-59.47%
NOPAT Growth	0.00%	169.99%	1,672.20%	-79.66%	-47.38%
Net Income Growth	0.00%	51.08%	1,233.13%	-67.88%	-64.80%
EPS Growth	0.00%	56.91%	831.13%	-83.69%	-59.11%
Operating Cash Flow Growth	0.00%	-210.38%	2,334.07%	-113.68%	191.14%
Free Cash Flow Firm Growth	0.00%	0.00%	248.50%	-124.39%	-17.27%
Invested Capital Growth	0.00%	0.00%	-1.97%	62.17%	33.78%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	-4.09%	8.76%	39.78%	14.03%	10.10%
EBITDA Margin	-8.46%	-3.35%	36.87%	13.68%	9.63%
Operating Margin	-7.00%	4.72%	37.07%	10.46%	5.98%
EBIT Margin	-8.46%	-3.35%	36.87%	13.68%	5.52%
Profit (Net Income) Margin	-8.99%	-4.24%	22.54%	10.74%	3.76%
Tax Burden Percent	97.61%	100.00%	74.16%	79.37%	72.60%
Interest Burden Percent	108.88%	126.41%	82.42%	98.97%	93.97%
Effective Tax Rate	0.00%	0.00%	25.84%	20.63%	27.40%
Return on Invested Capital (ROIC)	0.00%	15.26%	136.54%	21.39%	7.79%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-47.08%	227.06%	8.44%	-6.32%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-59.57%	-48.55%	-2.76%	-0.50%
Return on Equity (ROE)	0.00%	-44.31%	87.99%	18.63%	7.28%
Cash Return on Invested Capital (CROIC)	0.00%	-184.74%	138.53%	-26.03%	-21.11%
Operating Return on Assets (OROA)	0.00%	-3.87%	66.21%	14.14%	5.65%
Return on Assets (ROA)	0.00%	-4.90%	40.47%	11.11%	3.86%
Return on Common Equity (ROCE)	0.00%	-44.31%	87.99%	18.76%	7.34%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-22.15%	53.35%	20.12%	7.38%
Net Operating Profit after Tax (NOPAT)	-68	47	838	170	90
NOPAT Margin	-4.90%	3.31%	27.49%	8.30%	4.34%
Net Nonoperating Expense Percent (NNEP)	0.00%	62.34%	-90.52%	12.95%	14.11%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	5.94%
Cost of Revenue to Revenue	104.09%	91.24%	60.22%	85.97%	89.90%
SG&A Expenses to Revenue	2.91%	4.03%	2.71%	3.57%	4.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	2.91%	4.03%	2.71%	3.57%	4.11%
Earnings before Interest and Taxes (EBIT)	-117	-48	1,124	281	114
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-117	-48	1,124	281	199
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	1.05	0.82
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	1.05	0.82
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.56	0.42
Price to Earnings (P/E)	0.00	0.00	0.00	5.21	11.13
Dividend Yield	0.00%	0.00%	0.47%	2.57%	2.40%
Earnings Yield	0.00%	0.00%	0.00%	19.18%	8.99%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	1.07	0.86
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.51	0.55
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	3.76	5.71
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	3.76	9.97
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	6.19	12.66
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	5.21
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	1.83	0.06	0.08	0.43
Long-Term Debt to Equity	0.00	1.83	0.05	0.08	0.42
Financial Leverage	0.00	1.27	-0.21	-0.33	0.08
Leverage Ratio	0.00	4.52	2.17	1.68	1.89
Compound Leverage Factor	0.00	5.72	1.79	1.66	1.77
Debt to Total Capital	0.00%	64.69%	5.60%	7.72%	30.24%
Short-Term Debt to Total Capital	0.00%	0.00%	0.59%	0.63%	1.15%
Long-Term Debt to Total Capital	0.00%	64.69%	5.01%	7.09%	29.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	35.31%	94.40%	93.63%	69.76%
Debt to EBITDA	0.00	-10.46	0.07	0.32	2.30
Net Debt to EBITDA	0.00	-10.04	-0.59	-0.34	1.36
Long-Term Debt to EBITDA	0.00	-10.46	0.06	0.30	2.21
Debt to NOPAT	0.00	10.60	0.09	0.53	5.09
Net Debt to NOPAT	0.00	10.18	-0.79	-0.56	3.02
Long-Term Debt to NOPAT	0.00	10.60	0.08	0.49	4.90
Altman Z-Score	0.00	0.00	0.00	3.20	2.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	-0.67%	-0.74%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.00	3.66	5.25	3.98	3.89
Quick Ratio	0.00	1.28	3.61	1.57	1.28
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-573	851	-207	-243
Operating Cash Flow to CapEx	88.70%	-136.82%	1,311.61%	-87.09%	60.17%
Free Cash Flow to Firm to Interest Expense	0.00	-42.28	4.29	-16.31	-17.06
Operating Cash Flow to Interest Expense	5.81	-5.77	8.82	-18.79	15.28
Operating Cash Flow Less CapEx to Interest Expense	-0.74	-9.99	8.15	-40.37	-10.11
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	1.16	1.80	1.03	1.03
Accounts Receivable Turnover	0.00	6.54	11.27	7.64	11.06
Inventory Turnover	0.00	3.94	5.13	3.84	3.24
Fixed Asset Turnover	0.00	2.56	5.18	2.89	2.11
Accounts Payable Turnover	0.00	10.65	11.05	9.78	9.96
Days Sales Outstanding (DSO)	0.00	55.84	32.39	47.76	33.00
Days Inventory Outstanding (DIO)	0.00	92.56	71.11	94.95	112.56
Days Payable Outstanding (DPO)	0.00	34.28	33.03	37.31	36.66
Cash Conversion Cycle (CCC)	0.00	114.12	70.46	105.40	108.90
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	0.00	620	608	986	1,319
Invested Capital Turnover	0.00	4.61	4.97	2.58	1.79
Increase / (Decrease) in Invested Capital	0.00	620	-12	378	333
Enterprise Value (EV)	0.00	0.00	0.00	1,055	1,136
Market Capitalization	0.00	0.00	0.00	1,151	864
Book Value per Share	$0.00	$0.00	$8.71	$7.41	$10.17
Tangible Book Value per Share	$0.00	$0.00	$8.70	$7.41	$10.16
Total Capital	0.00	775	1,364	1,172	1,510
Total Debt	0.00	502	76	90	457
Total Long-Term Debt	0.00	502	68	83	439
Net Debt	0.00	482	-660	-95	271
Capital Expenditures (CapEx)	80	57	133	274	362
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	468	515	578	606
Debt-free Net Working Capital (DFNWC)	0.00	488	1,251	764	792
Net Working Capital (NWC)	0.00	488	1,243	756	774
Net Nonoperating Expense (NNE)	56	108	151	-50	12
Net Nonoperating Obligations (NNO)	0.00	346	-680	-95	266
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	0.00	85
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	32.72%	16.88%	28.13%	29.37%
Debt-free Net Working Capital to Revenue	0.00%	34.12%	41.03%	37.17%	38.35%
Net Working Capital to Revenue	0.00%	34.12%	40.76%	36.81%	37.51%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	147.96M	103.57M	104.10M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$7.75	$1.71	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	147.96M	103.57M	104.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	147.96M	103.57M	104.10M
Normalized Net Operating Profit after Tax (NOPAT)	-68	47	838	170	90
Normalized NOPAT Margin	-4.90%	3.31%	27.49%	8.30%	4.34%
Pre Tax Income Margin	-9.21%	-4.24%	30.39%	13.54%	5.18%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-9.57	-3.54	5.68	22.09	7.99
NOPAT to Interest Expense	-5.54	3.49	4.23	13.40	6.29
EBIT Less CapEx to Interest Expense	-16.12	-7.76	5.00	0.52	-17.40
NOPAT Less CapEx to Interest Expense	-12.09	-0.73	3.56	-8.17	-19.10
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	1.08%	10.28%	26.52%
Augmented Payout Ratio	0.00%	0.00%	1.08%	195.61%	26.52%

No quarterly metrics and ratios for Algoma Steel Group are available.

Frequently Asked Questions About Algoma Steel Group's Financials

When does Algoma Steel Group's financial year end?

According to the most recent income statement we have on file, Algoma Steel Group's fiscal year ends in March. Their fiscal year 2024 ended on March 31, 2024.

How has Algoma Steel Group's net income changed over the last 4 years?

Algoma Steel Group's net income appears to be on an upward trend, with a most recent value of $77.70 million in 2024, falling from -$123.96 million in 2020. The previous period was $220.70 million in 2023.

What is Algoma Steel Group's operating income?

Algoma Steel Group's total operating income in 2024 was $123.56 million, based on the following breakdown:

Total Gross Profit: $208.49 million
Total Operating Expenses: $84.93 million

How has Algoma Steel Group revenue changed over the last 4 years?

Over the last 4 years, Algoma Steel Group's total revenue changed from $1.38 billion in 2020 to $2.06 billion in 2024, a change of 49.7%.

How much debt does Algoma Steel Group have?

Algoma Steel Group's total liabilities were at $1.17 billion at the end of 2024, a 58.6% increase from 2023, and a 5.9% increase since 2021.

How much cash does Algoma Steel Group have?

In the past 3 years, Algoma Steel Group's cash and equivalents has ranged from $16.89 million in 2021 to $733.30 million in 2022, and is currently $185.35 million as of their latest financial filing in 2024.

How has Algoma Steel Group's book value per share changed over the last 4 years?

Over the last 4 years, Algoma Steel Group's book value per share changed from 0.00 in 2020 to 10.17 in 2024, a change of 1,016.8%.

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This page (NASDAQ:ASTLW) was last updated on 5/7/2025 by MarketBeat.com Staff

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Algoma Steel Group (ASTLW) Financials

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Algoma Steel Group (ASTLW) Financials

Annual Income Statements for Algoma Steel Group

Quarterly Income Statements for Algoma Steel Group

Annual Cash Flow Statements for Algoma Steel Group

Quarterly Cash Flow Statements for Algoma Steel Group

Annual Balance Sheets for Algoma Steel Group

Quarterly Balance Sheets for Algoma Steel Group

Annual Metrics and Ratios for Algoma Steel Group

Quarterly Metrics and Ratios for Algoma Steel Group

Frequently Asked Questions About Algoma Steel Group's Financials

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