Algoma Steel Group Inc (ASTL) — Tangible Net Worth Ratio
Algoma Steel Group Inc (ASTL) has a Tangible Net Worth Ratio of 99.9% as of December 2025. This metric is calculated by deducting intangible assets (CA$300.00K) from net assets (CA$491.10 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 Algoma Steel Group Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 December 2025, the ratio stands at 99.9%, reflecting net assets of CA$491.10 Million with intangible assets of CA$300.00K CAD. See Algoma Steel Group Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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 ASTL market cap overview.
| 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 | — |