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Algoma Steel Group (ASTLW) Financials

Algoma Steel Group logo
$0.42 +0.01 (+2.20%)
As of 05/28/2025 02:56 PM Eastern
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Annual Income Statements for Algoma Steel Group

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

Quarterly Income Statements for Algoma Steel Group

No quarterly income statements for Algoma Steel Group are available.

Annual Cash Flow Statements for Algoma Steel Group

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

Quarterly Cash Flow Statements for Algoma Steel Group

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

Annual Balance Sheets for Algoma Steel Group

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

Quarterly Balance Sheets for Algoma Steel Group

No quarterly balance sheets for Algoma Steel Group are available.

Annual Metrics And Ratios for Algoma Steel Group

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

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

Quarterly Metrics And Ratios for Algoma Steel Group

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 fiscal year end?

According to the most recent income statement we have on file, Algoma Steel Group's financial year ends in March. Their financial 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 5/29/2025 by MarketBeat.com Staff
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