Eva Carissimi - Noranda Income President CEO of the Manager
| NNDIFDelisted Fund | USD 1.42 0.00 0.00% |
Ms. Eva Carissimi is no longer as President, Chief Executive Officer of the Manager of Noranda Income Fund, Effective April 12, 2019
| Tenure | 12 years |
| Phone | 514 745 9380 |
| Web | https://www.norandaincomefund.com |
Noranda Income Management Performance (%)
The company has return on total asset (ROA) of 5.34 % which means that it generated a profit of $5.34 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 17.06 %, meaning that it generated $17.06 on every $100 dollars invested by stockholders. Noranda Income's management efficiency ratios could be used to measure how well Noranda Income manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 195.56 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. Noranda Income has a current ratio of 1.79, which is within standard range for the sector. Debt can assist Noranda Income until it has trouble settling it off, either with new capital or with free cash flow. So, Noranda Income's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Noranda Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Noranda to invest in growth at high rates of return. When we think about Noranda Income's use of debt, we should always consider it together with cash and equity.
Management Performance
| Return On Equity | 17.06 | |||
| Return On Asset | 5.34 |
Noranda Income Leadership Team
Elected by the shareholders, the Noranda Income's board of directors comprises two types of representatives: Noranda Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Noranda. The board's role is to monitor Noranda Income's management team and ensure that shareholders' interests are well served. Noranda Income's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Noranda Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eva Carissimi, President CEO of the Manager | ||
| Christopher Eskdale, Trustee | ||
| Ginette Berthel, Corporate Secretary of the Manager | ||
| Michael Boone, CFO, Vice President and Director of the Manager | ||
| Barry Tissenbaum, Independent Trustee | ||
| Martin Fillion, COO of the Manager | ||
| Liana Centomo, CEO of the Manager | ||
| Yvan Jost, Trustee | ||
| Cristopher Eskdale, Trustee | ||
| Dirk Vollrath, Trustee | ||
| Francois Roy, Independent Trustee | ||
| John Swidler, Independent Chairman of the Board of Trustees | ||
| Reid Bowlby, Vice President - Marketing of the Manager | ||
| Jean Ouellet, Independent Trustee |
Noranda Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Noranda Income a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 17.06 | |||
| Return On Asset | 5.34 | |||
| Profit Margin | 3.79 % | |||
| Operating Margin | 6.08 % | |||
| Current Valuation | 206.45 M | |||
| Shares Outstanding | 37.49 M | |||
| Shares Owned By Insiders | 25.73 % | |||
| Shares Owned By Institutions | 7.87 % | |||
| Price To Earning | 0.47 X | |||
| Price To Book | 0.15 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Noranda Pink Sheet
If you are still planning to invest in Noranda Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noranda Income's history and understand the potential risks before investing.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |