Noranda Aluminum Holding Financials
We recommend to make use of Noranda Aluminum Holding fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Noranda Aluminum Holding as well as the relationship between them. We were able to interpolate thirty-six available fundamentals for Noranda Aluminum, which can be compared to its peers in the industry.
Noranda |
Understanding current and past Noranda Aluminum Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Noranda Aluminum's financial statements are interrelated, with each one affecting the others. For example, an increase in Noranda Aluminum's assets may result in an increase in income on the income statement.
The data published in Noranda Aluminum's official financial statements usually reflect Noranda Aluminum's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Noranda Aluminum Holding. For example, before you start analyzing numbers published by Noranda accountants, it's critical to develop an understanding of what Noranda Aluminum's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Noranda Aluminum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Noranda Aluminum's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Noranda Aluminum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Noranda Aluminum Holding. Please utilize our Beneish M Score to check the likelihood of Noranda Aluminum's management manipulating its earnings.
Noranda Aluminum Stock Summary
Noranda Aluminum competes with Loandepot, Lend Lease, Alta Equipment, Mitsubishi UFJ, and FTAI Aviation. Noranda Aluminum Holding Corporation produces and sells primary aluminum, alumina, bauxite, and rolled aluminum coils in the United States. The company was founded in 2007 and is headquartered in Franklin, Tennessee. NORANDA ALUM operates under Aluminum classification in the United States and is traded on PNK Exchange. It employs 2200 people.Specialization | Basic Materials, Aluminum |
| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US65542W2061 |
| CUSIP | 65542W107 65542W206 |
| Location | Tennessee; U.S.A |
| Business Address | 801 Crescent Centre |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | NYSE Composite |
| Website | www.norandaaluminum.com |
| Phone | 615 771 5700 |
| Currency | USD - US Dollar |
You should never invest in Noranda Aluminum without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Noranda Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Noranda Aluminum's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Noranda Aluminum Key Financial Ratios
Generally speaking, Noranda Aluminum's financial ratios allow both analysts and investors to convert raw data from Noranda Aluminum's financial statements into concise, actionable information that can be used to evaluate the performance of Noranda Aluminum over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Noranda Aluminum Holding reports annually and quarterly.| Return On Asset | -0.0586 | ||||
| Target Price | 0.25 | ||||
| Beta | -54.09 |
Noranda Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Noranda Aluminum's current stock value. Our valuation model uses many indicators to compare Noranda Aluminum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noranda Aluminum competition to find correlations between indicators driving Noranda Aluminum's intrinsic value. More Info.Noranda Aluminum Holding is considered to be number one stock in return on asset category among related companies. It is considered to be number one stock in profit margin category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Noranda Aluminum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Noranda Aluminum's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Noranda Aluminum's earnings, one of the primary drivers of an investment's value.Noranda Aluminum Market Pulse
| Quote | 0.0 |
| Change(%) | 0.00 |
| Change | 0.00 |
| Open | 0.0 |
| Low | 0.0 |
| High | 0.0 |
| Volume | 1 |
| Exchange | PINK |
About Noranda Aluminum Financials
What exactly are Noranda Aluminum Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Noranda Aluminum's income statement, its balance sheet, and the statement of cash flows. Potential Noranda Aluminum investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Noranda Aluminum investors may use each financial statement separately, they are all related. The changes in Noranda Aluminum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Noranda Aluminum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Noranda Aluminum Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Noranda Aluminum is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Noranda has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Noranda Aluminum's financials are consistent with your investment objective using the following steps:- Review Noranda Aluminum's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Noranda Aluminum's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Noranda Aluminum's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Noranda Aluminum's stock is overvalued or undervalued.
Noranda Aluminum Thematic Clasifications
Noranda Aluminum Holding is part of Steel Works Etc investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Steel Works Etc | View |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Noranda Pink Sheet
If you are still planning to invest in Noranda Aluminum Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noranda Aluminum's history and understand the potential risks before investing.
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