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Essar Steel Algoma Inc. Revenue and Financial Data

Essar Steel Algoma's core product is sheet steel, which it sells to the automotive, light manufacturing, and service-center industries as cold-rolled coils, cut-to-length product, first-stage blanks, and hot-rolled coil products. The company's other products are plate steel for the construction and shipbuilding industries. Essar Steel Algoma focuses on specialty products (sheet and strip products), which account for about two-thirds of its sales. In the spring of 2007 the Indian conglomerate Essar acquired what was then simply called Algoma Steel for $1.6 billion. The following year Essar rebranded its subsidiary.

Financials Information for Essar Steel Algoma Inc.

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  • Income Statement
  • Balance Sheet
  • Credit Rating
Income Statement
Revenue $2165.63146
Gross Profit $0.0
Operating Income $0.0
Net Income $38.20287
Diluted EPS $0.0
Assets (mil)
Current Assets
Cash $
Net Receivables $
Inventories $
Other Income Assets $
Asset Summary
Total Current Assets $
Net Fixed Assets $
Other Noncurrent Assets $
Total Assets $
Liabilities (mil)
Current Liabilities
Accounts Payable $
Short Term Debt $
Other Current Liabilities $
Liability Summary
Total Current Liabilities $
Long Term Debt $
Other Noncurrent Liabilities $
Total Liabilities $
Stakeholder's Equity (mil)
Equity
Preferred Stock Equity $
Common Stock Equity $
Equity Summary
Total Equity $-107.18863
Shares Outstanding

Credit Rating

Medium
These businesses have a moderate projected risk of delinquency and a moderate to low risk of failure.

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