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. Also explore Algoma Steel Group Inc net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see ASTL market cap overview.
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. Explore capital reinvestment ratio of Algoma Steel Group Inc to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |