Algoma Steel Group Inc (ASTL) — Strategic Asset Allocation Index

Latest as of June 2023: 74.0%

Algoma Steel Group Inc (ASTL) has a Strategic Asset Allocation Index of 74.0% as of June 2023. Strategic assets (PP&E of CA$1.14 Billion plus long-term investments of CA$-) total CA$1.14 Billion, measured against net assets of CA$1.54 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check Algoma Steel Group Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.

SAAI

74.0%
Strategic Assets / Net Assets

Strategic Assets

CA$1.14 Billion
PP&E + LT Investments

PP&E

CA$1.14 Billion
CAD

Net Assets

CA$1.54 Billion
CAD

Algoma Steel Group Inc Strategic Asset Allocation Index (2020–2023)

This chart shows how Algoma Steel Group Inc's Strategic Asset Allocation Index has evolved across 4 annual periods from 2020 to 2023. As of June 2023, the index stands at 74.0%, representing strategic assets of CA$1.14 Billion against net assets of CA$1.54 Billion CAD. See Algoma Steel Group Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Annual Strategic Asset Allocation Index for Algoma Steel Group Inc (2020–2023)

The table below presents the year-by-year Strategic Asset Allocation Index for Algoma Steel Group Inc from 2020 to 2023, covering 4 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see how much is Algoma Steel Group Inc worth.

Year SAAI Strategic Assets (CAD) PP&E LT Investments Net Assets Change (pp)
2023 74.0% CA$1.08 Billion CA$1.08 Billion CA$- CA$1.46 Billion ▲ +25.1 pp
2022 48.9% CA$773.70 Million CA$773.70 Million CA$- CA$1.58 Billion ▼ -353.8 pp
2021 402.7% CA$699.90 Million CA$699.90 Million CA$- CA$173.80 Million ▲ +136.1 pp
2020 266.6% CA$799.50 Million CA$799.50 Million CA$- CA$299.90 Million
pp = percentage points