Algoma Steel Group (ASTL) Balance Sheet: Assets & Liabilities

Algoma Steel Group (ASTL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2026), Algoma Steel Group reported total assets of CAD 2.12B and total liabilities of CAD 1.62B. Shareholders' equity was CAD 491.10M. Total debt stood at CAD 862.00M against CAD 77.50M in cash and short-term investments, a net debt position of CAD 784.50M. That puts debt-to-equity at 1.76.

Algoma Steel Group Balance Sheet Analysis

Values in billions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Algoma Steel Group Inc. (ASTL) - Annual data in billions CAD
Breakdown	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period ending	Dec 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Current Assets
Cash and Cash Equivalents	0.08	0.10	0.25	0.25	0.02	0.27
Cash & Short-Term Investments	0.08	0.10	0.25	0.25	0.02	0.27
Accounts Receivable	0.40	0.25	0.28	0.29	0.26	0.25
Inventory	0.57	0.81	0.72	0.72	0.42	0.44
Other Current Assets	0.04	0.09	0.01	0.11	0.00	0.07
Total Current Assets	1.08	1.26	1.37	1.37	0.84	1.02
Non-Current Assets
Property, Plant & Equipment (Net)	1.03	1.41	1.08	1.08	0.70	0.80
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.01	0.01	0.01	0.01	0.01
Total Non-Current Assets	1.03	1.41	1.09	1.09	0.71	0.81
Total Assets	2.12	2.68	2.46	2.46	1.55	1.83
Current Liabilities
Accounts Payable	0.05	0.29	0.06	0.06	0.04	0.05
Short-Term Debt	0.18	0.00	0.01	0.01	0.09	0.27
Current Portion of Long-Term Debt	0.01	0.02	0.01	0.01	0.01	-
Accrued Liabilities	0.20	0.20	0.07	0.26	0.06	-
Deferred Revenue	0.00	0.00	0.00	0.05	0.14	0.00
Other Current Liabilities	0.23	0.13	0.07	0.26	0.05	0.11
Total Current Liabilities	0.50	0.43	0.34	0.34	0.35	0.44
Non-Current Liabilities
Long-Term Debt	0.68	0.13	0.11	0.11	0.53	0.55
Deferred Tax Liabilities	0.00	0.10	0.10	0.10	0.00	0.00
Other Non-Current Liabilities	0.45	0.62	0.00	0.44	0.00	0.55
Total Non-Current Liabilities	1.13	0.75	0.65	0.65	1.03	1.09
Total Liabilities	1.62	1.17	0.99	0.99	1.38	1.53
Stockholders' Equity
Common Stock	0.98	0.96	0.96	0.96	0.41	0.41
Retained Earnings	-0.90	0.29	0.21	0.21	-0.25	-0.17
Accumulated Other Comprehensive Income	0.41	0.27	0.31	0.31	0.01	0.06
Additional Paid-in Capital	0.00	-0.02	-0.02	-0.02	0.00	0.00
Shares Outstanding	0.10	0.10	0.10	0.15	0.11	-
Total Stockholders' Equity	0.49	1.50	1.46	1.46	0.17	0.30
Total Liabilities & Equity	2.12	2.68	2.46	2.46	1.55	1.83

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Algoma Steel Group Balance Sheet

How much debt does Algoma Steel Group have?

Algoma Steel Group had total debt of CAD 862.00M as of Dec 31, 2025, against CAD 77.50M in cash and short-term investments. Its debt-to-equity ratio was 1.76.

What are Algoma Steel Group's total assets?

Algoma Steel Group reported total assets of CAD 2.12B as of Dec 31, 2025. Total liabilities were CAD 1.62B.

What is Algoma Steel Group's shareholders' equity?

Algoma Steel Group's shareholders' equity was CAD 491.10M as of Dec 31, 2025, or about CAD 4.68 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition