Algoma Historical Financial Ratios
| ALC Stock | CAD 15.25 0.08 0.52% |
Algoma Central is presently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0278, PTB Ratio of 1.01 or Days Sales Outstanding of 42.3 will help investors to properly organize and evaluate Algoma Central financial condition quickly.
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About Algoma Financial Ratios Analysis
Algoma CentralFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Algoma Central investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Algoma financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Algoma Central history.
Algoma Central Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Algoma Central stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Algoma Central sales, a figure that is much harder to manipulate than other Algoma Central multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Algoma Central dividend as a percentage of Algoma Central stock price. Algoma Central dividend yield is a measure of Algoma Central stock productivity, which can be interpreted as interest rate earned on an Algoma Central investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Algoma Central's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Algoma Central current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Central. 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 Central's ROIC is very stable compared to the past year. As of the 26th of March 2025, Net Income Per Share is likely to grow to 2.37, while Price To Sales Ratio is likely to drop 0.70.
| 2022 | 2024 | 2025 (projected) | Dividend Yield | 0.0364 | 0.0495 | 0.0278 | Price To Sales Ratio | 1.02 | 0.85 | 0.7 |
Algoma Central fundamentals Correlations
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Algoma Central Account Relationship Matchups
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Algoma Central fundamentals Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Price To Sales Ratio | 0.88 | 0.96 | 1.07 | 1.02 | 0.85 | 0.7 | |
| Dividend Yield | 0.035 | 0.19 | 0.0364 | 0.13 | 0.0495 | 0.0278 | |
| Days Sales Outstanding | 46.64 | 36.94 | 37.19 | 50.79 | 57.1 | 42.3 | |
| Book Value Per Share | 14.83 | 16.94 | 19.2 | 20.21 | 22.18 | 23.29 | |
| Operating Cash Flow Per Share | 4.15 | 4.3 | 3.52 | 3.23 | 3.83 | 4.02 | |
| Stock Based Compensation To Revenue | (8.82E-4) | 6.34E-4 | 0.00356 | 0.002341 | 0.002107 | 0.002212 | |
| Capex To Depreciation | 1.0 | 0.47 | 1.08 | 1.81 | 2.32 | 2.44 | |
| Ev To Sales | 1.52 | 1.43 | 1.49 | 1.28 | 1.44 | 0.86 | |
| Free Cash Flow Per Share | (1.87) | 2.17 | 3.45 | 1.65 | (0.25) | (0.24) | |
| Roic | 0.0598 | 0.0706 | 0.0698 | 0.0497 | 0.0505 | 0.0883 | |
| Inventory Turnover | 6.62 | 8.46 | 5.45 | 3.42 | 38.33 | 4.32 | |
| Net Income Per Share | 1.21 | 1.69 | 2.23 | 2.15 | 2.26 | 2.37 | |
| Days Of Inventory On Hand | 43.13 | 67.0 | 106.7 | 9.52 | 80.21 | 84.22 | |
| Payables Turnover | 1.15 | 1.06 | 0.88 | 0.83 | 8.61 | 0.8 | |
| Cash Per Share | 2.75 | 2.88 | 3.75 | 0.85 | 0.0874 | 0.083 | |
| Pocfratio | 3.35 | 3.96 | 5.18 | 4.63 | 3.86 | 6.01 | |
| Interest Coverage | 4.05 | 4.88 | 5.44 | 3.96 | 3.94 | 3.74 | |
| Payout Ratio | 1.29 | 0.4 | 1.92 | 0.3 | 0.93 | 0.32 | |
| Capex To Operating Cash Flow | 0.48 | 0.2 | 0.53 | 0.96 | 1.07 | 1.29 | |
| Pfcf Ratio | 6.43 | 4.93 | 11.07 | 116.1 | (58.77) | (55.83) | |
| Days Payables Outstanding | 344.42 | 415.42 | 441.62 | 42.4 | 453.97 | 476.67 | |
| Income Quality | 3.43 | 1.98 | 1.11 | 1.5 | 1.7 | 1.61 | |
| Roe | 0.0725 | 0.051 | 0.0818 | 0.0996 | 0.11 | 0.1 | |
| Ev To Operating Cash Flow | 5.18 | 5.71 | 7.13 | 7.41 | 6.5 | 5.22 | |
| Pe Ratio | 11.48 | 10.1 | 8.16 | 6.95 | 6.55 | 8.75 | |
| Return On Tangible Assets | 0.0377 | 0.0535 | 0.0622 | 0.062 | 0.0604 | 0.0642 | |
| Ev To Free Cash Flow | 9.94 | 7.1 | 15.26 | 185.59 | (98.81) | (93.87) | |
| Earnings Yield | 0.0676 | 0.0871 | 0.0991 | 0.12 | 0.14 | 0.15 | |
| Intangibles To Total Assets | 0.006467 | 0.006591 | 0.005792 | 0.005885 | 0.00519 | 0.009581 | |
| Net Debt To E B I T D A | 1.86 | 1.74 | 1.4 | 2.22 | 2.78 | 2.92 | |
| Current Ratio | 0.73 | 1.05 | 2.26 | 1.66 | 1.1 | 0.7 | |
| Tangible Book Value Per Share | 14.62 | 16.73 | 18.99 | 20.01 | 21.99 | 23.09 | |
| Receivables Turnover | 7.52 | 7.83 | 9.88 | 9.81 | 6.39 | 7.98 | |
| Graham Number | 20.12 | 25.36 | 31.06 | 31.29 | 33.58 | 35.26 | |
| Shareholders Equity Per Share | 14.83 | 16.94 | 19.2 | 20.21 | 22.18 | 23.29 |
Pair Trading with Algoma Central
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Algoma Central position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Algoma Central will appreciate offsetting losses from the drop in the long position's value.Moving against Algoma Stock
The ability to find closely correlated positions to Algoma Central could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Central when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Algoma Central - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Algoma Central to buy it.
The correlation of Algoma Central is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Algoma Central moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Central moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Algoma Central can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Algoma Stock
Algoma CentralFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Algoma Central investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Algoma financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Algoma Central history.