Algoma Net Income From Continuing Ops from 2010 to 2024

ASTLW Stock  USD 1.87  0.02  1.06%   
Algoma Steel Net Income From Continuing Ops yearly trend continues to be fairly stable with very little volatility. Net Income From Continuing Ops will likely drop to about 99.9 M in 2024. During the period from 2010 to 2024, Algoma Steel Net Income From Continuing Ops regression line of quarterly data had r-squared of  0.34 and coefficient of variation of (905.88). View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2010-12-31
Previous Quarter
105.2 M
Current Value
99.9 M
Quarterly Volatility
286.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Total Revenue of 2.7 B or Gross Profit of 337.6 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Algoma Steel Group over the last few years. It is Algoma Steel's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Algoma Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(31,584,000)
Coefficient Of Variation(905.88)
Mean Deviation198,356,800
Median(175,900,000)
Standard Deviation286,112,198
Sample Variance81860.2T
Range1B
R-Value0.58
Mean Square Error58309.7T
R-Squared0.34
Significance0.02
Slope37,226,000
Total Sum of Squares1146042.7T

Algoma Net Income From Continuing Ops History

202499.9 M
2023105.2 M
2022298.5 M
2021857.7 M
2020-76.1 M

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing Ops105.2 M99.9 M

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.