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 product manufacturers, and the light manufacturing and transportation industrie… Read more
Algoma Steel Group Inc (ASTL) - Net Assets
Latest net assets as of September 2025: $874.40 Million USD
Based on the latest financial reports, Algoma Steel Group Inc (ASTL) has net assets worth $874.40 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.44 Billion) and total liabilities ($1.56 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $874.40 Million |
| % of Total Assets | 35.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | 767.95% |
| 10-Year Change | N/A |
| Growth Volatility | 329.28 |
Algoma Steel Group Inc - Net Assets Trend (2013–2025)
This chart illustrates how Algoma Steel Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Algoma Steel Group Inc (2013–2025)
The table below shows the annual net assets of Algoma Steel Group Inc from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.51 Billion | +0.41% |
| 2024-03-31 | $1.50 Billion | +2.75% |
| 2023-03-31 | $1.46 Billion | -7.61% |
| 2022-03-31 | $1.58 Billion | +810.59% |
| 2021-03-31 | $173.80 Million | -42.05% |
| 2020-03-31 | $299.90 Million | +156.49% |
| 2014-03-31 | $-530.90 Million | -76.85% |
| 2013-03-31 | $-300.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Algoma Steel Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 86200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $102.00 Million | 6.76% |
| Common Stock | $974.80 Million | 64.62% |
| Other Comprehensive Income | $431.70 Million | 28.62% |
| Total Equity | $1.51 Billion | 100.00% |
Algoma Steel Group Inc Competitors by Market Cap
The table below lists competitors of Algoma Steel Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
engcon AB Cl B
ST:ENGCON-B
|
$280.32 Million |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
$280.38 Million |
|
Colorlight Cloud Tech Ltd. A
SHE:301391
|
$280.50 Million |
|
Eventbrite Inc Class A
NYSE:EB
|
$280.54 Million |
|
Jiangmen Kanhoo Industry Co Ltd
SHE:300340
|
$280.21 Million |
|
AbraSilver Resource Corp
OTCQX:ABBRF
|
$280.10 Million |
|
Primeton Information Technologies Inc
SHG:688118
|
$280.04 Million |
|
Sheela Foam Limited
NSE:SFL
|
$279.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Algoma Steel Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,502,400,000 to 1,508,500,000, a change of 6,100,000 (0.4%).
- Net loss of 222,666,611 reduced equity.
- Dividend payments of 28,666,660 reduced retained earnings.
- Other comprehensive income increased equity by 164,600,000.
- Other factors increased equity by 92,833,271.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-222.67 Million | -14.76% |
| Dividends Paid | $28.67 Million | -1.9% |
| Other Comprehensive Income | $164.60 Million | +10.91% |
| Other Changes | $92.83 Million | +6.15% |
| Total Change | $- | 0.41% |
Book Value vs Market Value Analysis
This analysis compares Algoma Steel Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | $-0.60 | $3.74 | x |
| 2014-03-31 | $-1.06 | $3.74 | x |
| 2020-03-31 | $2.03 | $3.74 | x |
| 2021-03-31 | $1.17 | $3.74 | x |
| 2022-03-31 | $10.70 | $3.74 | x |
| 2023-03-31 | $9.95 | $3.74 | x |
| 2024-03-31 | $11.30 | $3.74 | x |
| 2025-03-31 | $13.90 | $3.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Algoma Steel Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.07%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.11x
- Recent ROE (-14.76%) is below the historical average (-10.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -10.90% | 0.99x | 0.00x | $-173.28 Million |
| 2014 | 0.00% | -17.51% | 0.99x | 0.00x | $-260.71 Million |
| 2020 | -58.65% | -8.99% | 1.07x | 6.10x | $-205.89 Million |
| 2021 | -92.29% | -8.94% | 1.16x | 8.94x | $-177.78 Million |
| 2022 | 54.20% | 22.54% | 1.41x | 1.70x | $699.44 Million |
| 2023 | 20.41% | 10.74% | 1.13x | 1.68x | $152.28 Million |
| 2024 | 7.00% | 3.76% | 1.04x | 1.78x | $-45.04 Million |
| 2025 | -14.76% | -9.07% | 0.77x | 2.11x | $-373.52 Million |
Industry Comparison
This section compares Algoma Steel Group Inc's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $12,068,867,044
- Average return on equity (ROE) among peers: 14.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Algoma Steel Group Inc (ASTL) | $874.40 Million | 0.00% | 1.79x | $280.31 Million |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |