Noranda Aluminum Holding EBIT

Noranda Aluminum Holding posts a EBIT of $-260M as of December 2015. That compares with $15M in the prior-year period — down 1827.5% year over year. That is below the Materials sector average of $13B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Noranda Aluminum Holding's EBIT was $15M. The latest reading is $-260M — a 1827.5% year-over-year decrease (period ending December 2015). Use the history and growth charts on this page for a longer lookback.

For Materials stocks, a EBIT near $13B is typical. Noranda Aluminum Holding's $-260M is lower that level. That is roughly 101.9% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Noranda Aluminum Holding's financial statement story. At $-260M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NORNQ's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $13B), and (3) consistency with growth and profitability. This page covers the first two; Noranda Aluminum Holding's other metric pages and overview cover the third.