Algoma Central Corporation
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, salt, and cement and building materials, as well as … Read more
Algoma Central Corporation (AGMJF) - Total Assets
Latest total assets as of September 2025: $1.79 Billion USD
Based on the latest financial reports, Algoma Central Corporation (AGMJF) holds total assets worth $1.79 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Algoma Central Corporation - Total Assets Trend (1996–2024)
This chart illustrates how Algoma Central Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Algoma Central Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Algoma Central Corporation's total assets of $1.79 Billion consist of 9.1% current assets and 90.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $110.04 Million | 7.2% |
| Inventory | $15.68 Million | 1.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $7.91 Million | 0.5% |
Asset Composition Trend (1996–2024)
This chart illustrates how Algoma Central Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Algoma Central Corporation's current assets represent 9.1% of total assets in 2024, a decrease from 15.3% in 1996.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 2.5% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 7.2% of total assets.
Algoma Central Corporation Competitors by Total Assets
Key competitors of Algoma Central Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Algoma Central Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Algoma Central Corporation generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Algoma Central Corporation generates $6.01 in net profit.
Algoma Central Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.55 | 0.76 | 1.05 |
| Quick Ratio | 0.50 | 0.68 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-154.59 Million | $ -51.63 Million | $ 9.45 Million |
Algoma Central Corporation - Advanced Valuation Insights
This section examines the relationship between Algoma Central Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.93 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | $1.52 Billion |
| Market Capitalization | $198.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Algoma Central Corporation's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Algoma Central Corporation's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Algoma Central Corporation (1996–2024)
The table below shows the annual total assets of Algoma Central Corporation from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.52 Billion | +13.38% |
| 2023-12-31 | $1.34 Billion | -1.58% |
| 2022-12-31 | $1.37 Billion | +13.80% |
| 2021-12-31 | $1.20 Billion | -1.88% |
| 2020-12-31 | $1.22 Billion | +6.60% |
| 2019-12-31 | $1.15 Billion | +3.19% |
| 2018-12-31 | $1.11 Billion | +1.05% |
| 2017-12-31 | $1.10 Billion | +6.20% |
| 2016-12-31 | $1.04 Billion | +4.77% |
| 2015-12-31 | $988.80 Million | +1.51% |
| 2014-12-31 | $974.05 Million | +4.47% |
| 2013-12-31 | $932.35 Million | +5.50% |
| 2012-12-31 | $883.71 Million | +1.07% |
| 2011-12-31 | $874.40 Million | +17.93% |
| 2010-12-31 | $741.45 Million | +6.79% |
| 2009-12-31 | $694.31 Million | -1.67% |
| 2008-12-31 | $706.09 Million | +32.35% |
| 2007-12-31 | $533.51 Million | +3.73% |
| 2006-12-31 | $514.30 Million | +9.85% |
| 2005-12-31 | $468.20 Million | +11.42% |
| 2004-12-31 | $420.21 Million | +8.52% |
| 2003-12-31 | $387.21 Million | -3.09% |
| 2002-12-31 | $399.56 Million | +1.15% |
| 2001-12-31 | $395.04 Million | +6.19% |
| 2000-12-31 | $372.00 Million | -5.15% |
| 1999-12-31 | $392.20 Million | +7.51% |
| 1998-12-31 | $364.80 Million | +9.75% |
| 1997-12-31 | $332.40 Million | +66.45% |
| 1996-12-31 | $199.70 Million | -- |