Algoma Change In Cash vs Stock Based Compensation Analysis

ASTL Stock

12.04 0.16 1.35%

Algoma Steel financial indicator trend analysis is way more than just evaluating Algoma Steel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Algoma Steel Group is a good investment. Please check the relationship between Algoma Steel Change In Cash and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Algoma Steel Group Change In Cash account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Algoma Steel's Change In Cash and Stock Based Compensation is -0.18. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Algoma Steel Group, assuming nothing else is changed. The correlation between historical values of Algoma Steel's Change In Cash and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Algoma Steel Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change In Cash i.e., Algoma Steel's Change In Cash and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Algoma Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Algoma Steel Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Algoma Steel's Tax Provision is very stable compared to the past year. As of the 18th of January 2025, Enterprise Value is likely to grow to about 3.4 B, while Selling General Administrative is likely to drop about 93.3 M.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	99.3M	114.7M	131.9M	109.0M
Cost Of Revenue	2.4B	2.5B	2.9B	2.3B

Total Operating Expenses Cost Of Revenue

Algoma Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.81	0.67	-0.07	0.86	-0.4	0.84	0.61	-0.73	0.67	0.47	0.31	0.34	-0.46	-0.48	0.31	0.61	-0.65	-0.59	0.86	0.09	-0.48	-0.63	0.75	-0.45	-0.32
Short Long Term Debt Total	-0.81		-0.48	0.2	-0.98	0.77	-0.99	-0.16	0.93	-0.93	-0.16	-0.43	0.15	0.76	0.77	-0.43	-0.86	0.84	0.82	-0.82	0.01	0.58	0.93	-0.89	0.51	0.72
Other Current Liab	0.67	-0.48		0.26	0.6	-0.32	0.58	0.64	-0.32	0.45	0.28	-0.09	0.31	-0.15	-0.17	-0.09	0.19	-0.35	-0.43	0.57	0.63	0.15	-0.3	0.32	-0.02	-0.18
Total Current Liabilities	-0.07	0.2	0.26		-0.16	-0.02	-0.16	0.03	0.14	-0.3	-0.11	0.04	0.09	0.24	0.24	0.04	-0.22	0.12	-0.27	-0.21	0.21	0.0	0.23	-0.11	0.88	0.13
Total Stockholder Equity	0.86	-0.98	0.6	-0.16		-0.74	1.0	0.25	-0.91	0.93	0.19	0.41	-0.1	-0.74	-0.75	0.41	0.82	-0.78	-0.8	0.83	0.12	-0.52	-0.89	0.88	-0.48	-0.68
Other Liab	-0.4	0.77	-0.32	-0.02	-0.74		-0.77	0.3	0.78	-0.87	0.41	-0.48	0.62	0.87	0.87	-0.48	-0.81	0.65	0.91	-0.56	-0.23	0.32	0.91	-0.78	0.07	0.97
Net Tangible Assets	0.84	-0.99	0.58	-0.16	1.0	-0.77		0.21	-0.92	0.94	0.16	0.43	-0.13	-0.76	-0.77	0.43	0.84	-0.78	-0.82	0.83	0.11	-0.52	-0.91	0.89	-0.47	-0.71
Property Plant And Equipment Net	0.61	-0.16	0.64	0.03	0.25	0.3	0.21		0.08	0.02	0.84	-0.48	0.89	0.38	0.35	-0.48	-0.23	-0.16	0.08	0.53	0.22	0.15	0.09	-0.07	-0.21	0.38
Net Debt	-0.73	0.93	-0.32	0.14	-0.91	0.78	-0.92	0.08		-0.86	0.06	-0.73	0.33	0.88	0.88	-0.73	-0.96	0.74	0.82	-0.65	0.1	0.73	0.9	-0.98	0.43	0.74
Retained Earnings	0.67	-0.93	0.45	-0.3	0.93	-0.87	0.94	0.02	-0.86		-0.05	0.39	-0.32	-0.86	-0.87	0.39	0.83	-0.73	-0.81	0.81	0.23	-0.36	-0.97	0.84	-0.46	-0.87
Accounts Payable	0.47	-0.16	0.28	-0.11	0.19	0.41	0.16	0.84	0.06	-0.05		-0.45	0.83	0.44	0.42	-0.45	-0.23	-0.16	0.16	0.4	-0.2	-0.16	0.11	-0.11	-0.33	0.47
Cash	0.31	-0.43	-0.09	0.04	0.41	-0.48	0.43	-0.48	-0.73	0.39	-0.45		-0.52	-0.76	-0.75	1.0	0.76	-0.26	-0.49	0.06	-0.22	-0.71	-0.48	0.77	-0.11	-0.47
Non Current Assets Total	0.34	0.15	0.31	0.09	-0.1	0.62	-0.13	0.89	0.33	-0.32	0.83	-0.52		0.62	0.59	-0.52	-0.48	0.09	0.35	0.23	0.04	0.15	0.4	-0.32	-0.08	0.65
Non Currrent Assets Other	-0.46	0.76	-0.15	0.24	-0.74	0.87	-0.76	0.38	0.88	-0.86	0.44	-0.76	0.62		1.0	-0.76	-0.92	0.55	0.76	-0.5	-0.1	0.48	0.89	-0.9	0.32	0.9
Other Assets	-0.48	0.77	-0.17	0.24	-0.75	0.87	-0.77	0.35	0.88	-0.87	0.42	-0.75	0.59	1.0		-0.75	-0.92	0.56	0.77	-0.53	-0.12	0.47	0.89	-0.91	0.32	0.91
Cash And Short Term Investments	0.31	-0.43	-0.09	0.04	0.41	-0.48	0.43	-0.48	-0.73	0.39	-0.45	1.0	-0.52	-0.76	-0.75		0.76	-0.26	-0.49	0.06	-0.22	-0.71	-0.48	0.77	-0.11	-0.47
Net Receivables	0.61	-0.86	0.19	-0.22	0.82	-0.81	0.84	-0.23	-0.96	0.83	-0.23	0.76	-0.48	-0.92	-0.92	0.76		-0.72	-0.77	0.55	-0.17	-0.68	-0.89	0.96	-0.45	-0.78
Common Stock Shares Outstanding	-0.65	0.84	-0.35	0.12	-0.78	0.65	-0.78	-0.16	0.74	-0.73	-0.16	-0.26	0.09	0.55	0.56	-0.26	-0.72		0.71	-0.71	0.15	0.51	0.78	-0.69	0.41	0.58
Non Current Liabilities Total	-0.59	0.82	-0.43	-0.27	-0.8	0.91	-0.82	0.08	0.82	-0.81	0.16	-0.49	0.35	0.76	0.77	-0.49	-0.77	0.71		-0.66	-0.16	0.49	0.87	-0.82	-0.04	0.84
Inventory	0.86	-0.82	0.57	-0.21	0.83	-0.56	0.83	0.53	-0.65	0.81	0.4	0.06	0.23	-0.5	-0.53	0.06	0.55	-0.71	-0.66		0.23	-0.25	-0.77	0.66	-0.43	-0.55
Other Current Assets	0.09	0.01	0.63	0.21	0.12	-0.23	0.11	0.22	0.1	0.23	-0.2	-0.22	0.04	-0.1	-0.12	-0.22	-0.17	0.15	-0.16	0.23		0.66	-0.06	-0.04	0.32	-0.25
Other Stockholder Equity	-0.48	0.58	0.15	0.0	-0.52	0.32	-0.52	0.15	0.73	-0.36	-0.16	-0.71	0.15	0.48	0.47	-0.71	-0.68	0.51	0.49	-0.25	0.66		0.5	-0.69	0.3	0.26
Total Liab	-0.63	0.93	-0.3	0.23	-0.89	0.91	-0.91	0.09	0.9	-0.97	0.11	-0.48	0.4	0.89	0.89	-0.48	-0.89	0.78	0.87	-0.77	-0.06	0.5		-0.89	0.4	0.91
Total Current Assets	0.75	-0.89	0.32	-0.11	0.88	-0.78	0.89	-0.07	-0.98	0.84	-0.11	0.77	-0.32	-0.9	-0.91	0.77	0.96	-0.69	-0.82	0.66	-0.04	-0.69	-0.89		-0.38	-0.75
Short Term Debt	-0.45	0.51	-0.02	0.88	-0.48	0.07	-0.47	-0.21	0.43	-0.46	-0.33	-0.11	-0.08	0.32	0.32	-0.11	-0.45	0.41	-0.04	-0.43	0.32	0.3	0.4	-0.38		0.13
Intangible Assets	-0.32	0.72	-0.18	0.13	-0.68	0.97	-0.71	0.38	0.74	-0.87	0.47	-0.47	0.65	0.9	0.91	-0.47	-0.78	0.58	0.84	-0.55	-0.25	0.26	0.91	-0.75	0.13

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Algoma Steel Account Relationship Matchups

Algoma Steel fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.6B	2.7B	2.5B	2.7B	3.1B	2.3B
Short Long Term Debt Total	629.4M	96.2M	122.3M	156.5M	140.9M	133.8M
Other Current Liab	49.4M	151.3M	74.5M	267.9M	308.1M	323.5M
Total Current Liabilities	348.6M	537.5M	343.4M	428.5M	385.7M	406.7M
Total Stockholder Equity	173.8M	1.6B	1.5B	1.5B	1.7B	1.8B
Property Plant And Equipment Net	699.9M	773.7M	1.1B	1.4B	1.6B	1.1B
Net Debt	608.2M	(819.1M)	(125.1M)	54.7M	49.2M	46.8M
Retained Earnings	(249.3M)	77.8M	211.6M	288.4M	331.7M	348.2M
Accounts Payable	53.3M	54.6M	204.6M	142M	163.3M	122.4M
Cash	21.2M	915.3M	247.4M	101.8M	117.1M	111.2M
Non Current Assets Total	711.1M	777.1M	1.1B	1.4B	1.3B	846.0M
Non Currrent Assets Other	9.7M	2.3M	7.1M	7.6M	6.8M	7.3M
Cash And Short Term Investments	21.2M	915.3M	247.4M	101.8M	117.1M	111.2M
Net Receivables	274.6M	402.3M	291.2M	266.7M	306.7M	283.1M
Liabilities And Stockholders Equity	1.6B	2.7B	2.5B	2.7B	3.1B	2.3B
Non Current Liabilities Total	1.0B	573.5M	650M	745.1M	670.6M	816.2M
Inventory	415.3M	480M	722.7M	807.8M	929.0M	548.9M
Other Current Assets	3.8M	5.6M	6.7M	86.2M	77.6M	81.5M
Other Stockholder Equity	(160.2M)	(1.5B)	(1.2B)	(17M)	(15.3M)	(16.1M)
Total Liab	1.4B	1.1B	993.4M	1.2B	1.1B	1.2B
Total Current Assets	842.8M	1.9B	1.4B	1.3B	1.5B	1.2B
Accumulated Other Comprehensive Income	9.5M	152M	313.6M	267.1M	307.2M	322.5M
Short Term Debt	103.7M	10.1M	11.9M	16.5M	14.9M	14.1M
Intangible Assets	1.5M	1.1M	900K	700K	630K	598.5K
Long Term Debt	525.7M	85.2M	110.4M	127.4M	114.7M	223.1M
Net Invested Capital	789.6M	1.7B	1.6B	1.6B	1.9B	1.5B
Property Plant And Equipment Gross	936.3M	773.7M	1.5B	1.9B	2.2B	1.4B
Short Long Term Debt	90.1M	10.1M	11.9M	16.5M	14.9M	14.1M
Net Working Capital	494.2M	1.4B	1.0B	834M	959.1M	949.3M

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:

How To Invest In Algoma

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Is Algoma Stock a good investment?

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What is Algoma Steel's Net Worth?

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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.

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Algoma Change In Cash vs Stock Based Compensation Analysis

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change In Cash

Stock Based Compensation

Algoma Steel fundamental ratios Correlations

Algoma Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Algoma Steel fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Assets	+ 1.0	Non Currrent Assets Other
Intangible Assets	+ 0.97	Other Liab
Total Current Assets	+ 0.96	Net Receivables
Retained Earnings	+ 0.94	Net Tangible Assets

Net Tangible Assets	- 0.99	Short Long Term Debt Total
Total Current Assets	- 0.98	Net Debt
Total Stockholder Equity	- 0.98	Short Long Term Debt Total
Total Liab	- 0.97	Retained Earnings
Net Receivables	- 0.96	Net Debt
Retained Earnings	- 0.93	Short Long Term Debt Total