Algoma Steel Group Inc (ASTL)
7.825
+0.06
(+0.84%)
USD |
NASDAQ |
May 07, 16:00
7.825
0.00 (0.00%)
After-Hours: 20:00
Algoma Steel Group Debt to Equity Ratio: 0.1011 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1011 |
| September 30, 2023 | 0.0838 |
| June 30, 2023 | 0.0833 |
| March 31, 2023 | 0.0836 |
| December 31, 2022 | 0.082 |
| September 30, 2022 | 0.0673 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.0685 |
| March 31, 2022 | 0.0602 |
| December 31, 2021 | 0.1088 |
| September 30, 2021 | 0.7272 |
| June 30, 2021 | 1.467 |
| March 31, 2021 | 3.621 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0602
Minimum
Mar 2022
3.621
Maximum
Mar 2021
0.5462
Average
0.0837
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.999B |
| Total Liabilities (Quarterly) | 912.78M |
| Shareholders Equity (Quarterly) | 1.086B |
| Current Ratio | 2.879 |
| Net Debt Paydown Yield | -0.66% |