Algoma Steel Group (Algoma Steel Group) Buildings And Improvements : $39 Mil (As of Dec. 2023)

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What is Algoma Steel Group Buildings And Improvements?

Algoma Steel Group's quarterly buildings and improvements increased from Jun. 2023 ($28 Mil) to Sep. 2023 ($38 Mil) and increased from Sep. 2023 ($38 Mil) to Dec. 2023 ($39 Mil).

Algoma Steel Group's annual buildings and improvements declined from Mar. 2021 ($53 Mil) to Mar. 2022 ($52 Mil) but then increased from Mar. 2022 ($52 Mil) to Mar. 2023 ($53 Mil).

Algoma Steel Group Buildings And Improvements Historical Data

The historical data trend for Algoma Steel Group's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Algoma Steel Group Buildings And Improvements Chart

Algoma Steel Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Buildings And Improvements

52.94

52.91

52.05

53.42

Algoma Steel Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial											29.74	53.42	28.15	38.14	38.61

Algoma Steel Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Algoma Steel Group (Algoma Steel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (NAS:ASTL) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

9ZY:Germany ASTL:Canada

Address

105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4

Website

https://www.algoma.com

Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The Company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.