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Algoma Steel Group (Algoma Steel Group) PensionAndRetirementBenefit : $351 Mil (As of Dec. 2023)


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What is Algoma Steel Group PensionAndRetirementBenefit?

Algoma Steel Group's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $351 Mil.

Algoma Steel Group's quarterly PensionAndRetirementBenefit declined from Jun. 2023 ($320 Mil) to Sep. 2023 ($306 Mil) but then increased from Sep. 2023 ($306 Mil) to Dec. 2023 ($351 Mil).

Algoma Steel Group's annual PensionAndRetirementBenefit declined from Mar. 2021 ($372 Mil) to Mar. 2022 ($283 Mil) but then increased from Mar. 2022 ($283 Mil) to Mar. 2023 ($297 Mil).

Algoma Steel Group PensionAndRetirementBenefit Historical Data

The historical data trend for Algoma Steel Group's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Algoma Steel Group PensionAndRetirementBenefit Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
PensionAndRetirementBenefit
366.98 372.27 282.70 297.38

Algoma Steel Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 316.82 297.38 320.19 306.33 350.70

Algoma Steel Group PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Algoma Steel Group (Algoma Steel Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (NAS:ASTL) » Definitions » PensionAndRetirementBenefit
Comparable Companies
TSX:TSL TSX:LIF TSX:STLC NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF TPE:2002 SZSE:000708 SHSE:600010 BUE:TXAR JSE:KIO CLF TSE:5411
Traded in Other Exchanges
9ZY:Germany ASTL:Canada
Address
105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4
Website
https://www.algoma.com
Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The Company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.