Algoma Net Working Capital from 2010 to 2024

ASTLW Stock  USD 1.57  0.09  5.42%   
Algoma Steel Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Algoma Steel Net Working Capital regression line of quarterly data had mean square error of 40142.7 T and geometric mean of  672,221,495. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
834 M
Current Value
949.3 M
Quarterly Volatility
242 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Algoma Steel Group over the last few years. It is Algoma Steel's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Algoma Net Working Capital Regression Statistics

Arithmetic Mean701,893,333
Geometric Mean672,221,495
Coefficient Of Variation34.48
Mean Deviation183,683,556
Median584,900,000
Standard Deviation242,043,660
Sample Variance58585.1T
Range884.8M
R-Value0.60
Mean Square Error40142.7T
R-Squared0.36
Significance0.02
Slope32,641,786
Total Sum of Squares820191.9T

Algoma Net Working Capital History

2024949.3 M
2023834 M
2022B
20211.4 B
2020494.2 M

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Net Working Capital, 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
Net Working Capital834 M949.3 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.