Algoma Steel Group Inc. Warrant

NASDAQ:ASTLW USA Steel
Market Cap
$828.61
Market Cap Rank
#30174 Global
#9952 in USA
Share Price
$0.09
Change (1 day)
+8.31%
52-Week Range
$0.07 - $0.60
All Time High
$3.95
About

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers 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 industrie… Read more

Algoma Steel Group Inc. Warrant - Asset Resilience Ratio

Latest as of June 2024: -0.12%

Algoma Steel Group Inc. Warrant (ASTLW) has an Asset Resilience Ratio of -0.12% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-3.90 Million
Cash + Short-term Investments
Total Assets
$3.12 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Algoma Steel Group Inc. Warrant's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Algoma Steel Group Inc. Warrant's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-3.90 Million -0.12%
Total Liquid Assets $-3.90 Million -0.12%

Asset Resilience Insights

  • Limited Liquidity: Algoma Steel Group Inc. Warrant maintains only -0.12% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Algoma Steel Group Inc. Warrant Industry Peers by Asset Resilience Ratio

Compare Algoma Steel Group Inc. Warrant's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%

Annual Asset Resilience Ratio for Algoma Steel Group Inc. Warrant (None–None)

The table below shows the annual Asset Resilience Ratio data for Algoma Steel Group Inc. Warrant.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points