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. Explore Algoma Steel Group Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Algoma Steel Group Inc (ASTL) cash conversion ratio.
Annual Cash Flow Quality Index for Algoma Steel Group Inc (2019–2024)
Year-by-year earnings quality comparison for Algoma Steel Group Inc.
| 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 | — |