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Algoma Steel Group IncNASDAQ ASTL Stock Report

Last reporting period 30 Jun, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

1.063

Small

Exchange

XNAS - Nasdaq

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Algoma Financial Leverage

1.831

Last period Financial Leverage ,CAD


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Algoma Steel ?

Algoma Steel`s Financial Leverage for the last twelve months ended 2024-06-30 is 1.831

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