Algoma Steel Group Current Ratio Growth & History (ASTL)
Algoma Steel Group's current ratio was 2.18 for fiscal 2025.
View full Algoma Steel Group company overviewAlgoma Steel Group annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.18 | −0.90 | −29.17% |
| 2024 · Dec 31 | 2024-12-31 | 3.07 | — | — |
| 2024 · Mar 31 | 2024-03-31 | 2.95 | −1.03 | −25.95% |
| 2023 | 2023-03-31 | 3.98 | 0.41 | +11.59% |
| 2022 | 2022-03-31 | 3.57 | 1.15 | +47.48% |
| 2021 | 2021-03-31 | 2.42 | — | — |
Algoma Steel Group quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 2.49 | 0.03 | +1.32% |
| Q4 2026 | 2026-03-31 | 2.45 | — | — |
| Q4 2025 | 2025-12-31 | 2.18 | −0.90 | −29.17% |
| Q2 2026 | 2025-09-30 | 2.29 | — | — |
| Q1 2026 | 2025-06-30 | 2.46 | — | — |
| Q4 2024 · Dec 31 | 2024-12-31 | 3.07 | — | — |
| Q4 2024 · Mar 31 | 2024-03-31 | 2.95 | −1.03 | −25.95% |
| Q4 2023 | 2023-03-31 | 3.98 | 0.41 | +11.59% |
| Q4 2022 | 2022-03-31 | 3.57 | 1.15 | +47.48% |
| Q4 2021 | 2021-03-31 | 2.42 | — | — |
Algoma Steel Group current ratio trends
Between the periods ended 2021-03-31 and 2025-12-31, Algoma Steel Group's current ratio decreased from 2.42 to 2.18, a change of −0.24. The latest reported quarter, Q1 2027, shows 2.49.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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