Algoma Steel Group Inc
TSX:ASTL
Bankruptcy Probability
Algoma Steel Group Inc's probability of bankruptcy is 5%, signalling a meaningful chance of default. The solvency score is 30/100 — a sign of moderate financial strength.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Algoma Steel Group Inc Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
A
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Algoma Steel Group Inc
NASDAQ:ASTL
|
453.3m USD |
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| ZA |
K
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Kumba Iron Ore Ltd
JSE:KIO
|
123.6B ZAR |
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| BR |
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Vale SA
BOVESPA:VALE3
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364.7B BRL |
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| LU |
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ArcelorMittal SA
AEX:MT
|
39.4B EUR |
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| AU |
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Fortescue Metals Group Ltd
ASX:FMG
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65.3B AUD |
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| AU |
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Fortescue Ltd
XMUN:FVJ
|
38.2B EUR |
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| US |
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Nucor Corp
NYSE:NUE
|
44.1B USD |
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| IN |
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JSW Steel Ltd
NSE:JSWSTEEL
|
3T INR |
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| US |
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Steel Dynamics Inc
NASDAQ:STLD
|
29.4B USD |
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| IN |
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Tata Steel Ltd
NSE:TATASTEEL
|
2.5T INR |
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| JP |
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Nippon Steel Corp
TSE:5401
|
3.5T JPY |
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Algoma Steel Group Inc's probability of bankruptcy is 6.5%, signalling a meaningful chance of default.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Algoma Steel Group Inc has total debt of 733.8m CAD. This includes both short-term (101m CAD) and long-term (632.8m CAD) debt.
You can find a full breakdown on its Balance Sheet.
