Algoma Cash And Short Term Investments from 2010 to 2024

ASTLW Stock  USD 1.66  0.08  4.60%   
Algoma Steel Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 93 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2012-12-31
Previous Quarter
493.4 M
Current Value
452 M
Quarterly Volatility
305.7 M
 
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, Total Revenue of 2.7 B or Gross Profit of 341 M, 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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Algoma Steel Group over the last few years. Short Term Investments is an account in the current assets section of Algoma Steel Group balance sheet. This account contains Algoma Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Algoma Steel Group fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Algoma Steel's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Algoma Cash And Short Term Investments Regression Statistics

Arithmetic Mean204,393,667
Geometric Mean104,264,002
Coefficient Of Variation110.61
Mean Deviation149,006,756
Median247,400,000
Standard Deviation226,075,963
Sample Variance51110.3T
Range911.7M
R-Value0.34
Mean Square Error48696.8T
R-Squared0.12
Significance0.22
Slope17,163,696
Total Sum of Squares715544.8T

Algoma Cash And Short Term Investments History

202493 M
202397.9 M
2022247.4 M
2021915.3 M
202021.2 M
2014265 M
20133.6 M

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments97.9 M93 M

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.