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ASTL · Nasdaq · United States · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
In shortAlgoma Steel Group Inc. is loss-making, burns cash and carries moderate debt, with revenue shrinking (−25.4% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -63.6% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -47.2% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -98.8% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -102.9% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.18× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.99× | 56/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -18.39× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -3.46 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -18.9% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 58.0% | 0/100 |
| Operating margin volatility | 37.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -18.2% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,795 | 3,806 | 2,779 | 2,796 | 2,086 |
| Cost of revenue | 1,638 | 2,292 | 2,389 | 2,514 | 2,751 |
| Gross profit | 157 | 1,514 | 390 | 282 | (665) |
| Selling, general & admin | 72 | 103 | 99 | 115 | 112 |
| Operating income | 85 | 1,411 | 291 | 167 | (1,326) |
| Interest expense | 69 | 49 | 18 | 26 | 72 |
| Pre-tax income | (76) | 1,157 | 376 | 145 | (1,301) |
| Income tax | 0 | 299 | 78 | 40 | (316) |
| Net income | (76) | 858 | 299 | 105 | (985) |
| Diluted EPS | −C$1.06 | C$7.75 | C$1.71 | C$0.70 | −C$9.06 |
| Diluted shares (millions) | 0.1 | 112 | 147 | 0 | 0 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
−3.46 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 12, 2026