Algoma Steel Group Inc.
ASTL Basic Materials Steel
Algoma Steel Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, down 28.0% from fiscal 2024. In the quarter to June 2026, revenue fell 54.7%, EPS grew 13.5%, free cash flow grew 20.9% and total debt rose 42.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '20 | Mar '21 | Dec '21 | Mar '22 | Dec '22 | Mar '23 | Dec '23 | Mar '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
0.49 | 0.49 | 733.34 | 733.34 | 919.00 | 190.11 | 251.00 | 75.46 | 55.54 |
Receivables |
249.00 | — | 320.95 | 320.95 | 402.00 | 220.29 | 291.00 | 197.70 | 285.99 |
Inventory |
437.00 | — | 382.94 | 382.94 | 480.00 | 546.72 | 723.00 | 598.82 | 407.45 |
Other current assets |
0.19 | 0.19 | 111.66 | 28.00 | 115.00 | 5.07 | 101.00 | 4.23 | 3.94 |
Total current assets |
0.68 | 0.68 | 1,528.98 | 1,528.98 | 1,917.00 | 1,033.61 | 1,366.00 | 935.89 | 774.67 |
Property, Plant, Equpment (Net) |
800.00 | — | 617.26 | 617.26 | 774.00 | 818.00 | 1,081.00 | 1,041.68 | 737.10 |
Long-Term Investments |
235.79 | — | — | — | — | — | — | — | — |
Goodwill and Intangible Assets (Total) |
0.00 | 0.00 | 1.27 | 0.88 | 1.00 | 0.68 | 1.00 | 0.52 | 0.21 |
Long-term assets (Other) |
6.00 | — | 2.22 | 1.83 | 2.00 | 5.37 | 7.00 | 5.63 | 2.36 |
Total non-current assets |
235.79 | 235.79 | 620.75 | 619.97 | — | 824.06 | — | 1,047.83 | 739.68 |
Total Assets |
236.47 | 236.47 | 2,148.95 | 2,148.95 | 2,694.00 | 1,857.66 | 2,456.00 | 1,983.72 | 1,514.35 |
Accounts Payable |
45.00 | — | 223.08 | 208.94 | 55.00 | 154.78 | 60.00 | 212.60 | 145.93 |
Current Part of Debt |
268.00 | — | 5.95 | 8.06 | 10.00 | 9.00 | 12.00 | 12.23 | 131.83 |
Current Part of Capital Lease |
0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
Current Part of Taxes to Pay |
0.05 | 0.05 | 99.91 | 51.30 | — | 10.89 | — | 22.31 | 23.40 |
Other current liabilities |
116.00 | — | 487.11 | 160.52 | 420.00 | 85.11 | 270.00 | 70.50 | 54.82 |
Total current liabilities |
0.05 | 0.05 | 428.82 | 428.82 | 538.00 | 259.78 | 343.00 | 317.65 | 355.99 |
Long Term Debt (Total) |
546.00 | — | 67.97 | 67.97 | 85.00 | 83.52 | 111.00 | 94.44 | 478.73 |
Non-current Revenue (Deferred) |
0.00 | 0.00 | 74.36 | — | — | — | — | — | — |
Pension and Post-Retirement Liabilities |
— | — | — | 191.31 | — | 168.62 | — | 170.13 | 138.13 |
Long Term Tax Liability (Deferred) |
— | — | — | 74.12 | 93.00 | 73.15 | 97.00 | 72.65 | — |
Minority Interests |
0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
Non-current Liabilities (Other) |
231.42 | 231.42 | 366.01 | 124.14 | 395.00 | 166.43 | 442.00 | 215.13 | 190.02 |
Total non-current liabilities |
231.42 | 231.42 | 508.34 | 457.54 | — | 491.73 | — | 552.34 | 806.88 |
Total liabilities |
231.47 | 231.47 | 886.36 | 886.36 | 1,111.00 | 751.51 | 993.00 | 869.99 | 1,162.87 |
Additional Paid In Capital |
4.78 | 4.78 | (20.55) | (20.10) | — | (16.19) | — | (12.60) | (0.64) |
Preferred Stock (Total) |
0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
Common Stock (Net) |
0.00 | 0.00 | 749.08 | 1,099.37 | 1,378.00 | 725.03 | 958.00 | 714.54 | 698.17 |
Retained Earnings |
0.23 | 0.23 | 62.07 | 62.07 | 78.00 | 160.08 | 212.00 | 213.79 | (642.63) |
Treasury Stock |
0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
Shareholders Equity (Other) |
0.00 | 0.00 | 72.06 | 0.00 | — | 0.00 | — | — | — |
Common Equity (Total) |
5.00 | 5.00 | 862.65 | 1,262.60 | 1,583.00 | 1,106.15 | 1,462.00 | 1,113.73 | 351.48 |
Shareholders Equity (Total) |
5.00 | 5.00 | 1,262.60 | 1,262.60 | 1,583.00 | 1,106.15 | 1,462.00 | 1,113.73 | 351.48 |
Shareholders Equity and Liabilities (Total) |
236.47 | 236.47 | 2,000.43 | 2,148.95 | — | 1,857.66 | — | 1,983.72 | 1,514.35 |
Shares (Common) |
— | — | — | 147.96 | — | 103.57 | — | 104.10 | 104.93 |
Shareholders Equity (Tangible) |
5.00 | 5.00 | 1,261.33 | 1,261.72 | — | 1,105.47 | — | 1,113.21 | 351.27 |
Net Debt |
813.51 | (0.49) | (659.41) | (657.31) | (824.00) | (97.59) | (128.00) | 31.21 | 555.03 |
Total Debt |
814.00 | — | 73.92 | 76.03 | 95.00 | 92.52 | 123.00 | 106.67 | 610.56 |