ASTLAlgoma Steel Group Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -73% · now 28% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ASTL take a bad year?
The deepest fall in ASTL's price history on file is −73%; it is 28% below its high today.
Net debt · as at FY2026 · debt less the cash on hand
- Cash runway
- 0.2 years
Cash runway · burning $99M a quarter at the current rate
- Annualised volatility
- 64%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −73%
Worst drawdown on file · −28% today
Details›
- Total debtFY2026
- $485M
- Cash and short-term investments
- $78M
- Net debt
- $408M
- Operating profit, trailing twelve months
- −$1.33B
- Debt / equity
- 0.99×
- Annualised volatilitytwo years of daily moves
- 64%
- Worst drawdown on file
- −73%
- Below its 52-week high
- 28%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.