Noranda Aluminum Debt to Equity Ratio:
4.167 for March 31, 2013Noranda Aluminum Historical Debt to Equity Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 4.167 |
| Dec. 31, 2012 | 4.072 |
| Sept. 30, 2012 | 3.752 |
| June 30, 2012 | 3.285 |
| March 31, 2012 | 3.511 |
| Dec. 31, 2011 | 1.690 |
| Sept. 30, 2011 | 1.191 |
| June 30, 2011 | 1.230 |
| March 31, 2011 | 1.324 |
| Dec. 31, 2010 | 1.449 |
| Sept. 30, 2010 | 3.515 |
| June 30, 2010 | 3.773 |
| March 31, 2010 | 10.96 |
| Dec. 31, 2009 | 11.04 |
| Sept. 30, 2009 | 37.92 |
| June 30, 2009 | 30.14 |
| March 31, 2009 | 12.31 |
| Dec. 31, 2008 | 36.76 |
About Debt to Equity Ratio
Leverage ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. A low debt to equity ratio indicates lower risk, because debt holders have less claims on the company's assets. A debt to equity ratio of 5 means that debt holders have a 5 times more claim on assets than equity holders.
A high debt to equity ratio usually means that a company has been aggressive in financing growth with debt and often results in volatile earnings.
It is also known as Debt/Equity Ratio, Debt-Equity Ratio, and D/E Ratio.
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NOR Debt to Equity Ratio Benchmarks
| Companies | |
|---|---|
| Kaiser Aluminum Corporation | 0.3567 |
| Century Aluminum Company | 0.2529 |
| Aluminum Corporation of China | 2.431 |
NOR Debt to Equity Ratio Rankings
| Overall |
39th percentile 4594 of 7593 |
| Sector |
20th percentile 340 of 428 in Basic Materials |
| Industry |
0th percentile 6 of 6 in Aluminum |
NOR Debt to Equity Ratio Range, Past 5 Years
| Minimum | 1.191 | Sep 2011 |
| Maximum | 37.92 | Sep 2009 |
| Average | 9.561 |
NOR News
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