Algoma Central Liabilities 2024

Liabilities Details

Assessing Algoma Central's Liabilities

Algoma Central's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Algoma Central's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Algoma Central's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Algoma Central's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Algoma Central’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Algoma Central Stock

What is the level of liabilities of Algoma Central this year?

Algoma Central has a debt balance of 565.85 M CAD this year.

What were the liabilities of Algoma Central compared to the previous year?

The liabilities of Algoma Central have increased by -11.54% dropped compared to the previous year.

What are the consequences of high debt for investors of Algoma Central?

High liabilities can pose a risk for investors of Algoma Central, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Algoma Central?

Low liabilities mean that Algoma Central has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Algoma Central affect the company?

An increase in liabilities of Algoma Central can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Algoma Central affect the company?

A decrease in the liabilities of Algoma Central can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Algoma Central?

Some factors that can influence the liabilities of Algoma Central include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Algoma Central so important for investors?

The liabilities of Algoma Central are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Algoma Central take to modify the liabilities?

To change its liabilities, Algoma Central can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Algoma Central pay?

Over the past 12 months, Algoma Central paid a dividend of 2.07 CAD . This corresponds to a dividend yield of about 14.59 %. For the coming 12 months, Algoma Central is expected to pay a dividend of 2.18 CAD.

What is the dividend yield of Algoma Central?

The current dividend yield of Algoma Central is 14.59 %.

When does Algoma Central pay dividends?

Algoma Central pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Algoma Central?

Algoma Central paid dividends every year for the past 23 years.

What is the dividend of Algoma Central?

For the upcoming 12 months, dividends amounting to 2.18 CAD are expected. This corresponds to a dividend yield of 15.4 %.

In which sector is Algoma Central located?

Algoma Central is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Algoma Central kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Algoma Central from 6/3/2024 amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Algoma Central pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of Algoma Central in the year 2023?

In the year 2023, Algoma Central distributed 0.68 CAD as dividends.

In which currency does Algoma Central pay out the dividend?

The dividends of Algoma Central are distributed in CAD.