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Noranda Aluminum Holding (Noranda Aluminum Holding) Total Assets : $1,088 Mil (As of Dec. 2015)


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What is Noranda Aluminum Holding Total Assets?

Noranda Aluminum Holding's Total Assets for the quarter that ended in Dec. 2015 was $1,088 Mil.

Total Assets is connected with ROA %. Noranda Aluminum Holding's annualized ROA % for the quarter that ended in Dec. 2015 was -20.42%. Total Assets is also linked to Revenue through Asset Turnover. Noranda Aluminum Holding's Asset Turnover for the quarter that ended in Dec. 2015 was 0.22.


Noranda Aluminum Holding Total Assets Historical Data

The historical data trend for Noranda Aluminum Holding's Total Assets 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.

* Premium members only.

Noranda Aluminum Holding Total Assets Chart

Noranda Aluminum Holding Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,377.50 1,357.70 1,322.10 1,318.10 1,087.60

Noranda Aluminum Holding Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Total Assets 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 1,318.10 1,325.10 1,314.60 1,121.50 1,087.60

Noranda Aluminum Holding Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Noranda Aluminum Holding's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=-171.9+1259.5
=1,088

Noranda Aluminum Holding's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (Q: Dec. 2015 )+Total Liabilities (Q: Dec. 2015 )
=-171.9+1259.5
=1,088

* 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.


Noranda Aluminum Holding  (OTCPK:NORNQ) Total Assets Explanation

Total Assets is connected with ROA %.

Noranda Aluminum Holding's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=-225.6/( (1121.5+1087.6)/ 2 )
=-225.6/1104.55
=-20.42 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Noranda Aluminum Holding's Asset Turnover for the quarter that ended in Dec. 2015 is

Asset Turnover
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=240.3/( (1121.5+1087.6)/ 2 )
=240.3/1104.55
=0.22

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Noranda Aluminum Holding Total Assets Related Terms

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Noranda Aluminum Holding (Noranda Aluminum Holding) Business Description

Traded in Other Exchanges
N/A
Address
801 Crescent Centre Drive, Suite 600, Franklin, TN, USA, 37067
Noranda Aluminum Holding Corporation is an integrated producer of value-added primary aluminum products and rolled aluminum coils. The company's downstream business is one of the largest aluminum foil producers in North America. Its upstream business is a large producer of primary aluminum in the U.S.
Executives
Richard B Evans director C/O BOATWATER INC, 55 EAST CAMPERDOWN WAY, GREENVILLE SC 29601
Ronald S Rolfe director 825 8TH AVENUE, 38TH FLOOR, NEW YORK NY 10019
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Alan H Schumacher director C/O QUALITY DISTRIBUTION, INC., 4041 PARK OAKS BOULEVARD, SUITE 200, TAMPA FL 33610
Gail E Lehman officer: Gen Counsel/Sec/Chief Adm Off 801 CRESCENT CENTRE DRIVE, SUITE 600, FRANKLIN TN 37067
Thomas R Miklich director C/O OM GROUP INC 50 PACIFIC SQUARE #3500 CLEVELAND OH 44113
Dale W Boyles officer: Chief Financial Officer 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC 27105
Pasquale Fiore director 201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Apollo Principal Holdings I Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Investment Fund Vi L P 10 percent owner 2 MANHATTAVILLE RD, PURCHASE NY 10577
Apollo International Management Gp, Llc 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo International Management, L.p. 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Management Vi, L.p. 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Aif Vi Management, Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577

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