Algoma Steel Group Inc Working Capital to Net Assets Ratio
Algoma Steel Group Inc working capital to net assets ratio. Algoma Steel Group Inc (ASTL) has a Working Capital to Net Assets ratio of 162.2% as of March 2026. Working capital of CA$560.90 Million (current assets of CA$948.60 Million minus current liabilities of CA$387.70 Million) is measured against net assets of CA$345.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Algoma Steel Group Inc (2013–2026)
Working capital to net assets ratio of Algoma Steel Group Inc from 2013 to 2026. This chart shows how Algoma Steel Group Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 162.2%, reflecting working capital of CA$560.90 Million against net assets of CA$345.90 Million CAD. See ASTL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Algoma Steel Group Inc Working Capital to Net Assets Ratio by Year (2013–2026)
Algoma Steel Group Inc working capital to net assets ratio by year from 2013 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Algoma Steel Group Inc from 2013 to 2026, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see ASTL total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 119.1% | CA$585.00 Million | CA$491.10 Million | CA$1.08 Billion | CA$497.40 Million | ▲ +51.8 pp |
| 2025 | 67.4% | CA$1.02 Billion | CA$1.51 Billion | CA$1.51 Billion | CA$490.30 Million | ▲ +11.8 pp |
| 2024 | 55.5% | CA$834.00 Million | CA$1.50 Billion | CA$1.26 Billion | CA$428.50 Million | ▼ -14.4 pp |
| 2023 | 70.0% | CA$1.02 Billion | CA$1.46 Billion | CA$1.37 Billion | CA$343.40 Million | ▼ -17.2 pp |
| 2022 | 87.1% | CA$1.38 Billion | CA$1.58 Billion | CA$1.92 Billion | CA$537.50 Million | ▼ -197.2 pp |
| 2021 | 284.3% | CA$494.20 Million | CA$173.80 Million | CA$842.80 Million | CA$348.60 Million | ▲ +89.3 pp |
| 2020 | 195.0% | CA$584.90 Million | CA$299.90 Million | CA$1.02 Billion | CA$435.30 Million | ▲ +59.4 pp |
| 2014 | 135.6% | CA$-719.90 Million | CA$-530.90 Million | CA$486.90 Million | CA$1.21 Billion | ▲ +247.1 pp |
| 2013 | -111.5% | CA$334.60 Million | CA$-300.20 Million | CA$593.20 Million | CA$258.60 Million | — |