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Algoma Steel GroupASTL -0.81%63 Cash-to-Debt is 0.07 as of Jun. 2026, which is 90% below its 10-year median of 0.67. GuruFocus rates ASTL with a GF Score™ of 63/100 and a GF Value™ of $4.38 (Fairly Valued). The stock has 8 warning signs investors should review. Among 607 Steel companies, Algoma Steel Group ranks worse than 82.54% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Algoma Steel Group's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.07.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Algoma Steel Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Algoma Steel Group's Cash-to-Debt or its related term are showing as below:
ASTL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.67 Max: 11.93
Current: 0.07
During the past 6 years, Algoma Steel Group's highest Cash to Debt Ratio was 11.93. The lowest was 0.01. And the median was 0.67.
ASTL's Cash-to-Debt is ranked worse than 82.54% of 607
companies
in the Steel industry
Industry Median: 0.37
vs ASTL: 0.07
Algoma Steel Group (NAS:ASTL) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Algoma Steel Group Cash-to-Debt Related Terms
Algoma Steel Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Algoma Steel Group's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Steel subindustry, Algoma Steel Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Algoma Steel Group Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's Cash-to-Debt falls into.
* 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.
Algoma Steel Group (ASTL) has a Cash-to-Debt of 0.07 as of Jun. 2026. This is 90% below median its historical median of 0.67. Over the past decade, Algoma Steel Group's Cash-to-Debt has ranged from 0.01 to 11.93. According to the industry distribution chart, Algoma Steel Group ranks #501 out of 607 companies in the Steel industry, placing it in the top 82.5%.
Is Algoma Steel Group's Cash-to-Debt too high?
Algoma Steel Group's current Cash-to-Debt of 0.07 is 90% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 11.93. The Steel industry median Cash-to-Debt is 0.37. Algoma Steel Group's value of 0.07 is 81.1% below this industry median. Based on the distribution chart, Algoma Steel Group ranks #501 out of 607 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Algoma Steel Group has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Cash-to-Debt compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #501 out of 607 companies for Cash-to-Debt. This places Algoma Steel Group in the lower half of its industry. The industry median Cash-to-Debt is 0.37. Algoma Steel Group's value of 0.07 is 81.1% below this benchmark. Historically, Algoma Steel Group's own Cash-to-Debt has ranged from 0.01 to 11.93 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.37, Algoma Steel Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Steel company?
The median Cash-to-Debt among Steel companies is 0.37, based on 607 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Algoma Steel Group's current Cash-to-Debt of 0.07 is 81.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Cash-to-Debt is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Cash-to-Debt is 0.07, which is 90% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (ASTL) is currently considered Fairly Valued. The stock's GF Value™ is $4.38, compared to a current price of $4.28 — trading 2.4% below its estimated fair value. The current Cash-to-Debt is 0.07, which is 90% below median its 10-year median of 0.67 and 81.1% below the Steel industry median of 0.37. Algoma Steel Group's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current Cash-to-Debt is 0.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Algoma Steel Group (ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of $4.28 is trading 2.4% below its estimated GF Value™ of $4.38.
GuruFocus considers Algoma Steel Group to be Fairly Valued.
Key valuation signals for ASTL:
Cash-to-Debt: 0.07 (90% below median its 10-year median of 0.67)
GF Value™: $4.38 vs. price of $4.28 (2.4% below fair value)
Industry Position: 81.1% below the Steel median (#501 of 607)
No single metric tells the full story. See the ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. 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 United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
63GF Score
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