Algoma Steel Group (TSX:ASTL) Total Equity : C$1,441 Mil (As of Dec. 2023)

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What is Algoma Steel Group Total Equity?

Algoma Steel Group's total equity for the quarter that ended in Dec. 2023 was C$1,441 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Algoma Steel Group Total Equity Historical Data

The historical data trend for Algoma Steel Group's Total Equity 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 Total Equity Chart

Algoma Steel Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Equity

299.90

173.80

1,582.60

1,462.20

Algoma Steel Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Equity	Get a 7-Day Free Trial											1,469.90	1,462.20	1,538.90	1,611.70	1,440.70

Algoma Steel Group Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Algoma Steel Group's Total Equity for the fiscal year that ended in Mar. 2023 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2023 )	-	Total Liabilities(Q: Mar. 2023 )
	=	2455.6	-	993.4
	=	1,462

Algoma Steel Group's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	2651.6	-	1210.9
	=	1,441

Algoma Steel Group Total Equity Related Terms

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Algoma Steel Group (TSX:ASTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (TSX:ASTL) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

ASTL:USA 9ZY:Germany

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.

Executives

Eric Stuart Rosenfeld

Director