Algoma Tax Provision from 2010 to 2024

ASTLW Stock  USD 1.57  0.09  5.42%   
Algoma Steel Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 37.7 M in 2024. Tax Provision is the amount set aside by Algoma Steel Group to cover any estimated taxes for the current period. It reflects Algoma Steel's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
39.7 M
Current Value
37.7 M
Quarterly Volatility
78.7 M
 
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, 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Algoma Steel Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Algoma Steel's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Algoma Tax Provision Regression Statistics

Arithmetic Mean28,574,333
Geometric Mean10,191,153
Coefficient Of Variation275.26
Mean Deviation45,282,356
Median(4,300,000)
Standard Deviation78,654,890
Sample Variance6186.6T
Range303.2M
R-Value0.46
Mean Square Error5276.1T
R-Squared0.21
Significance0.09
Slope8,022,875
Total Sum of Squares86612.3T

Algoma Tax Provision History

202437.7 M
202339.7 M
202277.6 M
2021298.9 M
202017.7 M

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Tax Provision, 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
Tax Provision39.7 M37.7 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.