Algoma Steel Group Inc (ASTL) — Tangible Net Worth Ratio
Algoma Steel Group Inc (ASTL) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$345.90 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See ASTL net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Algoma Steel Group Inc Tangible Net Worth Ratio (2020–2026)
This chart shows how Algoma Steel Group Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2020 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$345.90 Million with intangible assets of CA$0.00 CAD. Also explore ASTL shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Algoma Steel Group Inc (2020–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Algoma Steel Group Inc from 2020 to 2026, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Algoma Steel Group Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | CA$491.10 Million | CA$0.00 | CA$2.12 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | CA$1.51 Billion | CA$500.00K | CA$3.19 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | CA$1.50 Billion | CA$700.00K | CA$2.68 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | CA$1.46 Billion | CA$900.00K | CA$2.46 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | CA$1.58 Billion | CA$1.10 Million | CA$2.69 Billion | ▲ +0.8 pp |
| 2021 | 99.1% | CA$173.80 Million | CA$1.50 Million | CA$1.55 Billion | ▲ +0.1 pp |
| 2020 | 99.1% | CA$299.90 Million | CA$2.80 Million | CA$1.83 Billion | — |