NVL (Novelis) Ending Cash Position: $1,322.00 Mil (As of Mar. 2024)

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What is Novelis Ending Cash Position?

Novelis NVL Ending Cash Position is $1,322.00 Mil as of Mar. 2024.

Novelis's Ending Cash Position for the quarter that ended in Mar. 2024 was $1,322.00 Mil.

Novelis's quarterly Ending Cash Position declined from Sep. 2023 ($1,171.00 Mil) to Dec. 2023 ($801.00 Mil) but then increased from Dec. 2023 ($801.00 Mil) to Mar. 2024 ($1,322.00 Mil).

Novelis's annual Ending Cash Position increased from Mar. 2015 ($628.00 Mil) to Mar. 2023 ($1,511.00 Mil) but then declined from Mar. 2023 ($1,511.00 Mil) to Mar. 2024 ($1,322.00 Mil).

Novelis Ending Cash Position Related Terms

Novelis Ending Cash Position Historical Data

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The historical data trend for Novelis's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Novelis Ending Cash Position Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 301.00 509.00 628.00 1,511.00 1,322.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,511.00 1,054.00 1,171.00 801.00 1,322.00

Novelis Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Novelis's Ending Cash Position for the fiscal year that ended in Mar. 2024 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=1511+-189
=1,322.00

Novelis's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=801+521
=1,322.00

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $1,322.00 Mil mean?
Novelis (NVL) has a Ending Cash Position of $1,322.00 Mil as of Mar. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Novelis and its competitors.
Is Novelis' Ending Cash Position too high?
Novelis' current Ending Cash Position is $1,322.00 Mil.
How does Novelis' Ending Cash Position compare to ?
Novelis' Ending Cash Position of $1,322.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Novelis and its competitors. Novelis's current Ending Cash Position is $1,322.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current Ending Cash Position of $1,322.00 Mil. The current Ending Cash Position is $1,322.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Novelis (NVL), the current Ending Cash Position is $1,322.00 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novelis Business Description

Comparable Companies
Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.