Algoma Steel (ASTL) - Total debt

Total debt on the balance sheet as of September 2024 : NZ$0.78 Billion

According to Algoma Steel's latest financial reports the company's total debt is NZ$0.78 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	NZ$0.14 B	30.9%
2022-03-31	NZ$0.11 B	-84.5%
2021-03-31	NZ$0.71 B	-25.26%
2020-03-31	NZ$0.95 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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