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
DateValue
Mar 31, 2024 44.01 Mn
Mar 31, 2023 24.48 Mn
Mar 31, 2022 40.58 Mn