Algoma Steel Group Inc - Asset Resilience Ratio
Algoma Steel Group Inc (ASTL) 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Algoma Steel Group Inc's Asset Resilience Ratio has changed over time. Check ASTL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Algoma Steel Group Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Algoma Steel Group Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$-3.90 Million | -0.12% |
| Total Liquid Assets | CA$-3.90 Million | -0.12% |
Asset Resilience Insights
- Limited Liquidity: Algoma Steel Group Inc 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 Industry Peers by Asset Resilience Ratio
Compare Algoma Steel Group Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gerdau S.A
MX:GGBN |
Steel | 0.39% |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756 |
Steel | 25.98% |
|
Hunan Valin Steel Co Ltd
SHE:000932 |
Steel | 0.99% |
|
Godawari Power And Ispat limited
NSE:GPIL |
Steel | 16.56% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Jayaswal Neco Industries Limited
NSE:JAYNECOIND |
Steel | 2.46% |
|
BCI Minerals Ltd
AU:BCI |
Steel | 6.70% |
|
Mount Gibson Iron Ltd
AU:MGX |
Steel | 67.29% |
Annual Asset Resilience Ratio for Algoma Steel Group Inc (None–None)
The table below shows the annual Asset Resilience Ratio data for Algoma Steel Group Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Algoma Steel Group Inc
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 tube product manufacturers, and the light manufacturing and transportation indu… Read more