Noranda Aluminum Holding - Stock

Noranda Aluminum Holding ROCE 2024

Noranda Aluminum Holding ROCE

0

Noranda Aluminum Holding Dividend yield

14 M %

Ticker

NORNQ

ISIN

US65542W2061

WKN

A14YWQ

In 2024, Noranda Aluminum Holding's return on capital employed (ROCE) was 0, a 0% increase from the 0 ROCE in the previous year.

Noranda Aluminum Holding Aktienanalyse

What does Noranda Aluminum Holding do?

Noranda Aluminum Holding Corp is an American aluminum producer based in Franklin, Tennessee. The company was founded in 2007 and has several subsidiaries. Its largest customer is the automotive industry, which requires aluminum for the production of car parts. The history of Noranda dates back to 1922 when the company was founded in Canada. In the 1950s, Noranda Aluminum began focusing on the US market. In 1990, the company was acquired by the Norwegian company Norsk Hydro. However, in 2002, the company became independent again and operated under the name Noranda Inc. After a few years of restructuring and change, Noranda Inc. was eventually renamed Noranda Aluminum Holding Corp in 2007. The business model of Noranda Aluminum Holding Corp is based on selling aluminum products to customers in various industries. Noranda specializes in the production of primary aluminum products made from raw aluminum. These products are then further processed to meet specific applications. The different products offered by the company include rolled products, sheet products, pipes, and extrusion products. Noranda Aluminum Holding Corp operates several divisions to manufacture these various products. The main divisions are primary metal, rolled products, recycling, and energy. The primary metal division is involved in the production of raw aluminum and aluminum alloys. The rolled products division produces aluminum foils and sheets used in automobiles, food packaging, and other applications. Noranda Aluminum's recycling division is focused on reducing the consumption of aluminum by collecting aluminum scrap and processing it into new raw material. The energy division is involved in the production of electricity and heat from natural resources such as coal and natural gas. Noranda Aluminum also operates several production facilities in different countries. The main production facilities are located in the USA, in places like New Madrid and Missouri. The company also operates a production facility in Jamaica that mines bauxite, which is used as a raw material for aluminum production. The company is committed to producing sustainably and environmentally friendly. Noranda Aluminum has launched several initiatives to reduce energy consumption and greenhouse gas emissions. Additionally, the company also operates a community responsibility initiative aimed at benefiting the people in the communities where it operates. Overall, Noranda Aluminum Holding Corp is an important aluminum producer with numerous customers in various industries. The company has a long history in Canada and the USA and operates production facilities all over the world. Noranda Aluminum is committed to producing sustainably and environmentally friendly while meeting the needs of its customers. Noranda Aluminum Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Noranda Aluminum Holding's Return on Capital Employed (ROCE)

Noranda Aluminum Holding's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Noranda Aluminum Holding's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Noranda Aluminum Holding's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Noranda Aluminum Holding’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Noranda Aluminum Holding Stock

What is the ROCE (Return on Capital Employed) of Noranda Aluminum Holding this year?

The ROCE of Noranda Aluminum Holding is 0 undefined this year.

How has the ROCE (Return on Capital Employed) of Noranda Aluminum Holding developed compared to the previous year?

The ROCE of Noranda Aluminum Holding has increased by 0% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Noranda Aluminum Holding?

A high Return on Capital Employed (ROCE) indicates that Noranda Aluminum Holding has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Noranda Aluminum Holding?

A low ROCE (Return on Capital Employed) can indicate that Noranda Aluminum Holding has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Noranda Aluminum Holding impact the company?

An increase in the ROCE of Noranda Aluminum Holding can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Noranda Aluminum Holding affect the company?

A decrease in ROCE of Noranda Aluminum Holding can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Noranda Aluminum Holding?

Some factors that can affect Noranda Aluminum Holding's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Noranda Aluminum Holding so important for investors?

The ROCE of Noranda Aluminum Holding is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Noranda Aluminum Holding take to improve the ROCE?

To improve the ROCE, Noranda Aluminum Holding can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Noranda Aluminum Holding pay?

Over the past 12 months, Noranda Aluminum Holding paid a dividend of 0.14 USD . This corresponds to a dividend yield of about 14 M %. For the coming 12 months, Noranda Aluminum Holding is expected to pay a dividend of 0 USD.

What is the dividend yield of Noranda Aluminum Holding?

The current dividend yield of Noranda Aluminum Holding is 14 M %.

When does Noranda Aluminum Holding pay dividends?

Noranda Aluminum Holding pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Noranda Aluminum Holding?

Noranda Aluminum Holding paid dividends every year for the past 0 years.

What is the dividend of Noranda Aluminum Holding?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Noranda Aluminum Holding located?

Noranda Aluminum Holding is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Noranda Aluminum Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Noranda Aluminum Holding from 6/10/2015 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2015.

When did Noranda Aluminum Holding pay the last dividend?

The last dividend was paid out on 6/10/2015.

What was the dividend of Noranda Aluminum Holding in the year 2023?

In the year 2023, Noranda Aluminum Holding distributed 3.131 USD as dividends.

In which currency does Noranda Aluminum Holding pay out the dividend?

The dividends of Noranda Aluminum Holding are distributed in USD.

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Andere Kennzahlen von Noranda Aluminum Holding

Our stock analysis for Noranda Aluminum Holding Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Noranda Aluminum Holding Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.