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Algoma Steel Group (Algoma Steel Group) EBIT per Share : $0.68 (TTM As of Dec. 2023)


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What is Algoma Steel Group EBIT per Share?

Algoma Steel Group's EBIT per Share for the three months ended in Dec. 2023 was $-0.60. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.68.

During the past 12 months, the average EBIT per Share Growth Rate of Algoma Steel Group was -60.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Algoma Steel Group's EBIT per Share or its related term are showing as below:

ASTL's 3-Year EBIT Growth Rate is not ranked *
in the Steel industry.
Industry Median: 13.8
* Ranked among companies with meaningful 3-Year EBIT Growth Rate only.

Algoma Steel Group's EBIT for the three months ended in Dec. 2023 was $-65 Mil.


Algoma Steel Group EBIT per Share Historical Data

The historical data trend for Algoma Steel Group's EBIT per Share 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.

* Premium members only.

Algoma Steel Group EBIT per Share Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EBIT per Share
-0.65 0.06 8.61 2.03

Algoma Steel Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.53 -0.04 1.02 0.30 -0.60

Algoma Steel Group EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Algoma Steel Group's EBIT per Share for the fiscal year that ended in Mar. 2023 is calculated as

EBIT per Share(A: Mar. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=298.692/147.000
=2.03

Algoma Steel Group's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=-64.922/108.600
=-0.60

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.68

* 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.


Algoma Steel Group  (NAS:ASTL) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Algoma Steel Group EBIT per Share Related Terms

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Algoma Steel Group (Algoma Steel Group) Business Description

Traded in Other Exchanges
Address
105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4
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.