Algoma Capex To Revenue from 2010 to 2024

ASTL Stock  USD 9.55  0.10  1.04%   
Algoma Steel Capex To Revenue yearly trend continues to be quite stable with very little volatility. Capex To Revenue may rise above 0.18 this year. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.17529866
Current Value
0.18
Quarterly Volatility
0.05401566
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Interest Expense of 38.6 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Algoma Steel Group over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Algoma Steel's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Slightly volatile
   Capex To Revenue   
       Timeline  

Algoma Capex To Revenue Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.04
Coefficient Of Variation92.33
Mean Deviation0.04
Median0.03
Standard Deviation0.05
Sample Variance0
Range0.1634
R-Value0.77
Mean Square Error0
R-Squared0.59
Significance0.0008
Slope0.01
Total Sum of Squares0.04

Algoma Capex To Revenue History

2023 0.18
2022 0.12
2021 0.0441
2020 0.04
2019 0.0582
2014 0.0322
2013 0.0166

About Algoma Steel Financial Statements

Algoma Steel investors utilize fundamental indicators, such as Capex To Revenue, to predict how Algoma Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Revenue 0.18  0.18 

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When determining whether Algoma Steel Group is a strong investment it is important to analyze Algoma Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algoma Steel's future performance. For an informed investment choice regarding Algoma Stock, refer to the following important reports:
Check out the analysis of Algoma Steel Correlation against competitors.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.236
Earnings Share
(1.02)
Revenue Per Share
22.941
Quarterly Revenue Growth
(0.18)
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.