Algoma Steel Group (Algoma Steel Group) Debt-to-Revenue : 0.06 (As of Dec. 2023)

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What is Algoma Steel Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Algoma Steel Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15 Mil. Algoma Steel Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $94 Mil. Algoma Steel Group's annualized Revenue for the quarter that ended in Dec. 2023 was $1,835 Mil. Algoma Steel Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Algoma Steel Group Debt-to-Revenue Historical Data

The historical data trend for Algoma Steel Group's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Algoma Steel Group Debt-to-Revenue Chart

Algoma Steel Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Revenue

0.42

0.35

0.03

0.04

Algoma Steel Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial											0.05	0.05	0.04	0.05	0.06

Competitive Comparison of Algoma Steel Group's Debt-to-Revenue

For the Steel subindustry, Algoma Steel Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Algoma Steel Group's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Algoma Steel Group's Debt-to-Revenue falls into.

Algoma Steel Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Algoma Steel Group's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(8.697	+	80.976)	/	2030.622
	=	0.04

Algoma Steel Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(14.758	+	93.769)	/	1834.824
	=	0.06

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Algoma Steel Group Debt-to-Revenue Related Terms

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Algoma Steel Group (Algoma Steel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (NAS:ASTL) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

9ZY:Germany ASTL:Canada

Address

105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4

Website

https://www.algoma.com

Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The Company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.