Algoma Steel Group Inc (ASTL) — Cash Flow Quality Index
Algoma Steel Group Inc (ASTL) has a Cash Flow Quality Index of 2.03x as of June 2024. Operating cash flow of CA$12.40 Million exceeds net income of CA$6.10 Million, indicating high earnings quality where cash backs reported profits. Also explore how large is Algoma Steel Group Inc's balance sheet for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Algoma Steel Group Inc Cash Flow Quality Index (2019–2024)
Historical Cash Flow Quality Index for Algoma Steel Group Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Algoma Steel Group Inc (ASTL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Algoma Steel Group Inc (2019–2024)
Year-by-year earnings quality comparison for Algoma Steel Group Inc. For live market cap and the full company financial profile, see ASTL company net worth.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.80x | CA$294.60 Million | CA$105.20 Million | ▲ +371.5% |
| 2023 | 0.59x | CA$177.30 Million | CA$298.50 Million | ▼ -59.7% |
| 2022 | 1.47x | CA$1.26 Billion | CA$857.70 Million | ▼ -82.8% |
| 2019 | 8.57x | CA$275.80 Million | CA$32.20 Million | — |