Noranda Financial Statements From 2010 to 2024
Noranda Aluminum financial statements provide useful quarterly and yearly information to potential Noranda Aluminum Holding investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Noranda Aluminum financial statements helps investors assess Noranda Aluminum's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Noranda Aluminum's valuation are summarized below:Noranda Aluminum Holding does not presently have any fundamental ratios for analysis.
This module can also supplement various Noranda Aluminum Technical models . 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.
Check Noranda Aluminum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noranda main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Noranda financial statements analysis is a perfect complement when working with Noranda Aluminum Valuation or Volatility modules.
Noranda |
Noranda Aluminum Holding Company Return On Asset Analysis
Noranda Aluminum's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Noranda Aluminum Return On Asset | -0.0586 |
Most of Noranda Aluminum's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Noranda Aluminum Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Noranda Aluminum Holding has a Return On Asset of -0.0586. This is 107.92% lower than that of the Metals & Mining sector and 101.75% lower than that of the Materials industry. The return on asset for all United States stocks is 58.14% lower than that of the firm.
Noranda Aluminum Holding Fundamental Drivers 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.About Noranda Aluminum Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Noranda Aluminum income statement, its balance sheet, and the statement of cash flows. Noranda Aluminum investors use historical funamental indicators, such as Noranda Aluminum's revenue or net income, 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. We offer a historical overview of the basic patterns found on Noranda Aluminum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Noranda Aluminum. Please read more on our technical analysis and fundamental analysis pages.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Noranda Aluminum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Noranda Aluminum's short interest history, or implied volatility extrapolated from Noranda Aluminum options trading.
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Try AI Portfolio ArchitectCheck 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 Transaction History module to view history of all your transactions and understand their impact on performance.
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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