Noranda Aluminum Holding Corp
Noranda Aluminum Holding Corporation produces and sells primary aluminum, alumina, bauxite, and rolled aluminum coils in the United States. The company's Bauxite segment mines, produces, and sells bauxite used for alumina production. Its Alumina segment refines and converts bauxite into alumina, which is used in the production of primary aluminum; and sells smelter grade alumina and alumina hydra… Read more
Noranda Aluminum Holding Corp (NORNQ) - Total Assets
Latest total assets as of December 2015: $1.09 Billion USD
Based on the latest financial reports, Noranda Aluminum Holding Corp (NORNQ) holds total assets worth $1.09 Billion USD as of December 2015.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Noranda Aluminum Holding Corp - Total Assets Trend (2006–2015)
This chart illustrates how Noranda Aluminum Holding Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Noranda Aluminum Holding Corp - Asset Composition Analysis
Current Asset Composition (December 2015)
Noranda Aluminum Holding Corp's total assets of $1.09 Billion consist of 27.0% current assets and 73.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $81.70 Million | 7.5% |
| Inventory | $135.40 Million | 12.5% |
| Property, Plant & Equipment | $686.70 Million | 63.1% |
| Intangible Assets | $43.10 Million | 4.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2015)
This chart illustrates how Noranda Aluminum Holding Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noranda Aluminum Holding Corp's current assets represent 27.0% of total assets in 2015, an increase from 23.2% in 2006.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2015, up from 2.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 20.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 63.1% of total assets.
Noranda Aluminum Holding Corp Competitors by Total Assets
Key competitors of Noranda Aluminum Holding Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612
|
China | CN¥8.14 Billion |
|
Yunnan Aluminium Co Ltd
SHE:000807
|
China | CN¥47.75 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
China | CN¥57.74 Billion |
|
Aluko Co Ltd
KO:001780
|
Korea | ₩915.01 Billion |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
China | CN¥14.40 Billion |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
China | CN¥8.74 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
China | CN¥14.41 Billion |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
China | CN¥3.19 Billion |
Noranda Aluminum Holding Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Noranda Aluminum Holding Corp generates 1.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Noranda Aluminum Holding Corp is currently not profitable relative to its asset base.
Noranda Aluminum Holding Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 1.69 | 1.79 |
| Quick Ratio | 0.17 | 0.73 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-611.80 Million | $ 142.10 Million | $ 196.70 Million |
Noranda Aluminum Holding Corp - Advanced Valuation Insights
This section examines the relationship between Noranda Aluminum Holding Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -17.5% |
| Total Assets | $1.09 Billion |
| Market Capitalization | $1.00K USD |
Valuation Analysis
Below Book Valuation: The market values Noranda Aluminum Holding Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Noranda Aluminum Holding Corp's assets decreased by 17.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noranda Aluminum Holding Corp (2006–2015)
The table below shows the annual total assets of Noranda Aluminum Holding Corp from 2006 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $1.09 Billion | -17.49% |
| 2014-12-31 | $1.32 Billion | -0.30% |
| 2013-12-31 | $1.32 Billion | -2.62% |
| 2012-12-31 | $1.36 Billion | -1.44% |
| 2011-12-31 | $1.38 Billion | -2.63% |
| 2010-12-31 | $1.41 Billion | -16.66% |
| 2009-12-31 | $1.70 Billion | -12.32% |
| 2008-12-31 | $1.94 Billion | +17.31% |
| 2007-12-31 | $1.65 Billion | +2.09% |
| 2006-12-31 | $1.62 Billion | -- |