Algoma Steel Group Debt-to-Equity Ratio Growth & History (ASTL)
Algoma Steel Group's debt-to-equity ratio was 0.99 for fiscal 2025.
View full Algoma Steel Group company overviewAlgoma Steel Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.99 | 0.65 | +192.65% |
| 2024 · Dec 31 | 2024-12-31 | 0.34 | — | — |
| 2024 · Mar 31 | 2024-03-31 | 0.00 | −0.08 | — |
| 2023 | 2023-03-31 | 0.08 | 0.02 | +38.05% |
| 2022 | 2022-03-31 | 0.06 | — | — |
Algoma Steel Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 3.16 | 2.66 | +530.86% |
| Q4 2026 | 2026-03-31 | 2.42 | — | — |
| Q4 2025 | 2025-12-31 | 0.99 | 0.65 | +192.65% |
| Q2 2026 | 2025-09-30 | 0.85 | — | — |
| Q1 2026 | 2025-06-30 | 0.50 | — | — |
| Q4 2024 · Dec 31 | 2024-12-31 | 0.34 | — | — |
| Q4 2024 · Mar 31 | 2024-03-31 | 0.00 | — | — |
Algoma Steel Group debt-to-equity ratio trends
Between the periods ended 2022-03-31 and 2025-12-31, Algoma Steel Group's debt-to-equity ratio increased from 0.06 to 0.99, a change of 0.92. The latest reported quarter, Q1 2027, shows 3.16.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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