Algoma Steel (ASTL) Interest Coverage Ratio (2020 - 2024)
Historic Interest Coverage Ratio for Algoma Steel (ASTL) over the last 5 years, with Q4 2024 value amounting to 6.27.
- Algoma Steel's Interest Coverage Ratio fell 19177.6% to 6.27 in Q4 2024 from the same period last year, while for Dec 2024 it was 8.37, marking a year-over-year increase of 1414274645.2%. This contributed to the annual value of 6.54 for FY2024, which is 5973.17% down from last year.
- Latest data reveals that Algoma Steel reported Interest Coverage Ratio of 6.27 as of Q4 2024, which was down 19177.6% from 6.83 recorded in Q4 2023.
- Over the past 5 years, Algoma Steel's Interest Coverage Ratio peaked at 72.23 during Q1 2022, and registered a low of 6.27 during Q4 2024.
- For the 5-year period, Algoma Steel's Interest Coverage Ratio averaged around 14.38, with its median value being 6.83 (2023).
- Per our database at Business Quant, Algoma Steel's Interest Coverage Ratio soared by 78345.97% in 2022 and then plummeted by 19177.6% in 2024.
- Over the past 5 years, Algoma Steel's Interest Coverage Ratio (Quarter) stood at 1.42 in 2020, then skyrocketed by 1276.58% to 16.7 in 2021, then skyrocketed by 332.48% to 72.23 in 2022, then crashed by 90.54% to 6.83 in 2023, then tumbled by 191.78% to 6.27 in 2024.
- Its Interest Coverage Ratio stands at 6.27 for Q4 2024, versus 6.83 for Q4 2023 and 4.43 for Q1 2023.