Algoma Steel (ASTL) - Total debt

Total debt on the balance sheet as of September 2024 : HK$3.55 Billion

According to Algoma Steel's latest financial reports the company's total debt is HK$3.55 Billion. A company’s total debt is the sum of all current and non-current debts.

Algoma Steel - Total debt on balance sheet (from 2021 to 2024)

Total debt by year

Year	Total debt	Change
2023-03-31	HK$0.71 B	18.08%
2022-03-31	HK$0.60 B	-84.44%
2021-03-31	HK$3.87 B	-12.8%
2020-03-31	HK$4.44 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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