Algoma Steel Group Inc (ASTL) — 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. See operational self-sufficiency of Algoma Steel Group Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Algoma Steel Group Inc Working Capital to Net Assets (2013–2026)
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. For the complete balance sheet picture, see total assets of Algoma Steel Group Inc.
Annual Working Capital to Net Assets for Algoma Steel Group Inc (2013–2026)
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. Check asset resilience ratio of Algoma Steel Group Inc to evaluate the company's liquid asset resilience ratio.
| 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 | — |