Algoma Steel (ASTLW) Construction in Progress (2022 - 2024)
Algoma Steel (ASTLW) reported Construction in Progress of $44.0 million for Q1 2024, up 79.74% on a YoY basis from $24.5 million in Q2 2023, and up 79.74% quarter-over-quarter from $24.5 million in Q1 2023.
Algoma Steel (ASTLW) Construction in Progress (2022 - 2024) Analysis & Trends
Algoma Steel has reported Construction in Progress for 3 years, with the latest figure at $44.0 million in Q1 2024.
- For the quarter ending Q1 2024, Construction in Progress rose 79.74% year-over-year to $44.0 million; the trailing twelve-month figure through Mar 2024 stood at $44.0 million (up 79.74% YoY), and the FY2024 full-year result was $44.0 million, up 79.74% from the prior year.
- Construction in Progress for Q1 2024 stood at $44.0 million, up from $24.5 million in the prior quarter.
- The five-year high for Construction in Progress was $44.0 million in Q1 2024, with the low at $24.5 million in Q1 2023.
- Historically, Construction in Progress has averaged $36.4 million across 3 years, with a median of $40.6 million in 2022.
- Annual changes were most pronounced in 2023 — Construction in Progress tumbled 39.66% — and 2024, when it surged 79.74%.
- Algoma Steel's Construction in Progress 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | - |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | - |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 182.90 Mn |
| 10 | Algoma Steel | - | - | -92.32 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 44.01 Mn |
| Mar 31, 2023 | 24.48 Mn |
| Mar 31, 2022 | 40.58 Mn |