Algoma Steel Group (TSX:ASTL) Total Assets: C$2,002 Mil (As of Mar. 2026)


TSX:ASTL Algoma Steel Group Inc TSX:ASTL
65 GF Score
Price C$5.78
GF Value C$7.83
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Algoma Steel Group Total Assets?

Algoma Steel Group TSX:ASTL +0.70% 65 Total Assets is C$2,002 Mil as of Mar. 2026. GuruFocus rates TSX:ASTL with a GF Score™ of 65/100 and a GF Value™ of C$7.83 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Algoma Steel Group's Total Assets for the quarter that ended in Mar. 2026 was C$2,002 Mil.

During the past 12 months, Algoma Steel Group's average Total Assets Growth Rate was -32.40% per year. During the past 3 years, the average Total Assets Growth Rate was 4.70% per year. During the past 5 years, the average Total Assets Growth Rate was 9.30% per year.

During the past 6 years, Algoma Steel Group's highest 3-Year average Total Assets Growth Rate was 18.90%. The lowest was 4.70%. And the median was 12.20%.

Total Assets is connected with ROA %. Algoma Steel Group's annualized ROA % for the quarter that ended in Mar. 2026 was -30.97%. Total Assets is also linked to Revenue through Asset Turnover. Algoma Steel Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.


Algoma Steel Group  (TSX:ASTL) Total Assets Explanation

Total Assets is connected with ROA %.

Algoma Steel Group's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-637.6/( (2115.9+2002.2)/ 2 )
=-637.6/2059.05
=-30.97 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Algoma Steel Group's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=296.9/( (2115.9+2002.2)/ 2 )
=296.9/2059.05
=0.14

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Algoma Steel Group Total Assets Related Terms


Algoma Steel Group Total Assets Historical Data

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The historical data trend for Algoma Steel Group's Total Assets 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.

Algoma Steel Group Total Assets Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Total Assets
Get a 7-Day Free Trial 1,553.90 2,693.60 2,455.60 2,676.00 2,115.90

Algoma Steel Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,090.10 2,945.60 2,435.60 2,115.90 2,002.20
TSX:ASTL
65GF Score
Algoma Steel Group Inc TSX:ASTL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Algoma Steel Group's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=491.1+1624.8
=2,116

Algoma Steel Group's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=345.9+1656.3
=2,002

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$2,002 Mil mean?
Algoma Steel Group (TSX:ASTL) has a Total Assets of C$2,002 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Total Assets too high?
Algoma Steel Group's current Total Assets is C$2,002 Mil. Overall, Algoma Steel Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Total Assets compare to NUE and STLD?
Algoma Steel Group's Total Assets of C$2,002 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Steel company?
A good Total Assets depends on the Steel industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Algoma Steel Group and its competitors. Algoma Steel Group's current Total Assets is C$2,002 Mil. 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 (TSX:ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.83, compared to a current price of C$5.78 — trading 26.2% below its estimated fair value. The current Total Assets is C$2,002 Mil. Algoma Steel Group's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Algoma Steel Group (TSX:ASTL), the current Total Assets is C$2,002 Mil as of Mar. 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 (TSX:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued. The current stock price of C$5.78 is trading 26.2% below its estimated GF Value™ of C$7.83. GuruFocus considers Algoma Steel Group to be Modestly Undervalued.

Key valuation signals for TSX:ASTL:

  • Total Assets: C$2,002 Mil
  • GF Value™: C$7.83 vs. price of C$5.78 (26.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Algoma Steel Group Business Description

Other Exchanges ASTL:USA9ZY:Germany
Address 105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4
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.
65GF Score

Get the complete analysis for TSX:ASTL

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.78
Price
C$7.83
GF Value