Algoma Steel Group Inc Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

Algoma Steel Group Inc 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 equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$345.90 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$2.00 Billion
CAD

Tangible Net Worth Ratio of Algoma Steel Group Inc (2020–2026)

Tangible net worth ratio of Algoma Steel Group Inc from 2020 to 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. Check how strategically is Algoma Steel Group Inc's equity deployed to assess the company's strategic physical and investment asset allocation.

Algoma Steel Group Inc Tangible Net Worth Ratio by Year (2020–2026)

Algoma Steel Group Inc tangible net worth ratio by year from 2020 to 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 live market cap and overall valuation, 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 —
pp = percentage points