Algoma Steel Group Inc (ASTL) — Net Asset Quality Index
Algoma Steel Group Inc (ASTL) has a Net Asset Quality Index of 17.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.00 Billion minus total liabilities of CA$1.66 Billion yields net assets of CA$345.90 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Algoma Steel Group Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Algoma Steel Group Inc Net Asset Quality Index Over Time (2013–2026)
This chart shows how Algoma Steel Group Inc's Net Asset Quality Index has evolved across 9 annual periods from 2013 to 2026. As of March 2026, the index stands at 17.3%, representing net assets of CA$345.90 Million against total assets of CA$2.00 Billion CAD. Explore Algoma Steel Group Inc operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Algoma Steel Group Inc (2013–2026)
The table below presents the year-by-year Net Asset Quality Index for Algoma Steel Group Inc from 2013 to 2026, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Algoma Steel Group Inc market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 23.2% | CA$491.10 Million | CA$2.12 Billion | CA$1.62 Billion | ▼ -24.1 pp |
| 2025 | 47.3% | CA$1.51 Billion | CA$3.19 Billion | CA$1.68 Billion | ▼ -8.8 pp |
| 2024 | 56.1% | CA$1.50 Billion | CA$2.68 Billion | CA$1.17 Billion | ▼ -3.4 pp |
| 2023 | 59.5% | CA$1.46 Billion | CA$2.46 Billion | CA$993.40 Million | ▲ +0.8 pp |
| 2022 | 58.8% | CA$1.58 Billion | CA$2.69 Billion | CA$1.11 Billion | ▲ +47.6 pp |
| 2021 | 11.2% | CA$173.80 Million | CA$1.55 Billion | CA$1.38 Billion | ▼ -5.2 pp |
| 2020 | 16.4% | CA$299.90 Million | CA$1.83 Billion | CA$1.53 Billion | ▲ +45.8 pp |
| 2014 | -29.4% | CA$-530.90 Million | CA$1.80 Billion | CA$2.34 Billion | ▼ -13.4 pp |
| 2013 | -16.0% | CA$-300.20 Million | CA$1.88 Billion | CA$2.18 Billion | — |