NVL (Novelis) Total Stockholders Equity: $3,799.00 Mil (As of Mar. 2024)

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What is Novelis Total Stockholders Equity?

Novelis NVL Total Stockholders Equity is $3,799.00 Mil as of Mar. 2024.

Novelis's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,799.00 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Novelis's Book Value per Share for the quarter that ended in Mar. 2024 was $6.33. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Novelis's Debt-to-Equity for the quarter that ended in Mar. 2024 was 1.49.

Novelis  (NYSE:NVL) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Novelis's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3799-0)/600.000
=6.33

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Novelis's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(792 + 4866) / 3799
=1.49

* 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 Total Stockholders Equity Related Terms

Novelis Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Novelis's Total Stockholders Equity 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 Total Stockholders Equity Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Total Stockholders Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.00 240.00 -82.00 3,442.00 3,799.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Total Stockholders Equity 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 3,442.00 3,703.00 3,611.00 3,875.00 3,799.00
What does a Total Stockholders Equity of $3,799.00 Mil mean?
Novelis (NVL) has a Total Stockholders Equity of $3,799.00 Mil as of Mar. 2024. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Novelis and its competitors.
Is Novelis' Total Stockholders Equity too high?
Novelis' current Total Stockholders Equity is $3,799.00 Mil.
How does Novelis' Total Stockholders Equity compare to ?
Novelis' Total Stockholders Equity of $3,799.00 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 Total Stockholders Equity for a Metals & Mining company?
A good Total Stockholders Equity depends on the Metals & Mining industry context. However, Total Stockholders Equity 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 Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Novelis and its competitors. Novelis's current Total Stockholders Equity is $3,799.00 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 Total Stockholders Equity of $3,799.00 Mil. The current Total Stockholders Equity is $3,799.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Novelis (NVL), the current Total Stockholders Equity is $3,799.00 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.