One Of The Best Info About Stelco Financial Statements

Consolidated statements of financial position (in millions of canadian dollars) as at december 31, 2017 2016 $ $ assets current cash and cash equivalents (note 6) 45 188 restricted cash 12 9 trade and other receivables (note 7) 203 237 inventories (note 8) 448 314 prepaid expenses (note 9) 18 47

Stelco financial statements. Stelco holdings inc. Selected financial information our fourth quarter results were down over the previous quarter, but we do expect improved margins in q1 and into q2 2024, as we begin to realize the higher market. Adjusted net income* of $76 million and adjusted net income* per share of $1.38, down 53% from q3 2022 and 38% from q2 2023.

Stelco holdings inc. Operating income of $39 million for the quarter, up from a loss in q4 2019. Adjusted ebitda* of $673 million for the quarter, representing a 57% adjusted ebitda* margin.

Stelco holdings inc. Three months ended december 31, years ended december 31, (millions of canadian dollars) 2022. Operating income of $653 million for the quarter, representing a 55% margin.

Subsidiaries are consolidated where the company has the ability to. Adjusted ebitda up 130% to $175 million; This financial information does not contain all disclosures required by ifrs, and accordingly should be read in conjunction with stelco holdings inc.’s consolidated financial statements and md&a for the year ended december 31, 2023, which is available on the company’s website and on sedar+ (www.sedarplus.ca).

Reports fourth quarter and full year 2023 results not for distribution to u.s. Newswire services or for dissemination in the united states tap here to see other videos from our team stelco holdings inc. Revenue of $424 million for the quarter.

Shipments of 489,000 tons for the quarter. These consolidated financial statements have been prepared using accounting policies and methods consistent with those used in the preparation of the company's 2021 annual financial statements and were authorized for issue on august. The consolidated financial statements comprise the financial statements of stelco holdings and its subsidiaries (collectively the “company”).

Average selling price* per net ton of $1,083, down 7% from q3 2022 and 11% from q2 2023. We have audited the consolidated financial statements of stelco holdings inc.

This financial information does not contain all disclosures required by ifrs, and accordingly should be read in conjunction with stelco holdings inc.&closecurlyquote;s consolidated financial statements and md&a for the year ended december 31, 2023, which is available on the company&closecurlyquote;s website and on sedar+. Balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. 2021 revenue from sale of goods $ 674 $ 1,186 $ 3,463 $ 4,123 cost of goods sold 601.

Adjusted ebitda* of $60 million for the quarter, up 500% from q4 2019. Engages in the production and sale of steel products. Home node body revenue up 67% to $711 million;

Stelco holdings inc. Revenue for 2023 decreased $546 million, or 16%, to $2,917 million in 2023 from $3,463 million in 2022, primarily due to a 17% decline in average selling price per. Its products include pig iron ingots, stelco hot roll products overview, coated products, cold rolled products, hot roll automotive,stelmax 50/60, stelmax 80, stelmax 90, stelmax 100,stelmax 780, stelmax 980 dp, stelmax 1180 mp, stelmax 1300 m, and stelmax.