Algoma Steel (ASTLW) Construction in Progress (2022 - 2024)
Algoma Steel's (ASTLW) quarterly Construction in Progress came in at $44.0 million in Q1 2024, up 79.74% YoY from $24.5 million in Q2 2023, and up 79.74% on a QoQ basis from $24.5 million in Q1 2023.
Algoma Steel (ASTLW) Construction in Progress (2022 - 2024) Analysis & Trends
Algoma Steel (ASTLW) has 3 years of Construction in Progress data on file, last reported at $44.0 million in Q1 2024.
- Quarterly Construction in Progress rose 79.74% year-over-year to $44.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $44.0 million (up 79.74% YoY) and the FY2024 annual result came in at $44.0 million, up 79.74% from the prior year.
- Construction in Progress grew to $44.0 million in Q1 2024, from $24.5 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $44.0 million in Q1 2024 to a low of $24.5 million in Q1 2023.
- A 3-year average of $36.4 million and a median of $40.6 million in 2022 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2023 — Construction in Progress tumbled 39.66% — and 2024, when it surged 79.74%.
- Tracing ASTLW's Construction in Progress over 3 years: stood at $40.6 million in 2022, then slumped by 39.66% to $24.5 million in 2023, then jumped by 79.74% to $44.0 million in 2024.
- The last three Construction in Progress figures came in at $44.0 million (Q1 2024), $24.5 million (Q1 2023), and $40.6 million (Q1 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | - |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | - |
| 10 | Algoma Steel | 1.42 Mn | -43.83 Mn | -76.12 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 44.01 Mn |
| Mar 31, 2023 | 24.48 Mn |
| Mar 31, 2022 | 40.58 Mn |