Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 16.2B
Gross Profit 2.0B 12.04%
Operating Income 1.1B 7.01%
Net Income 600.0M 3.70%

Balance Sheet Metrics

Total Assets 14.6B
Total Liabilities 10.8B
Shareholders Equity 3.8B
Debt to Equity 2.84

Cash Flow Metrics

Operating Cash Flow 1.3B
Free Cash Flow -43.0M

Revenue & Profitability Trend

Novelis Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue16.2B18.5B17.1B12.3B-
Cost of Goods Sold14.3B16.5B14.9B10.5B-
Gross Profit2.0B2.0B2.2B1.8B-
Operating Expenses815.0M774.0M723.0M634.0M0
Operating Income1.1B1.2B1.5B1.1B-
Pre-tax Income818.0M806.0M1.3B696.0M-
Income Tax218.0M147.0M281.0M238.0M-
Net Income600.0M657.0M955.0M237.0M-
EPS (Diluted)-$658,000.00$954,000.00$236,000.00$420,000.00

Income Statement Trend

Novelis Balance Sheet From 2021 to 2024

Metric2024202320222021
Assets
Current Assets5.9B6.5B7.5B5.1B
Non-Current Assets8.7B7.9B7.6B7.8B
Total Assets14.6B14.4B15.1B12.9B
Liabilities
Current Liabilities4.8B4.9B6.5B4.0B
Non-Current Liabilities6.0B6.0B6.1B7.0B
Total Liabilities10.8B10.9B12.6B11.0B
Equity
Total Shareholders Equity3.8B3.5B2.5B1.9B

Balance Sheet Composition

Novelis Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income600.0M659.0M1.0B458.0M-
Operating Cash Flow1.3B1.2B1.0B1.2B-
Investing Activities
Capital Expenditures---00
Investing Cash Flow-20.0M11.0M-27.0M-2.6B5.0M
Financing Activities
Dividends Paid-----
Financing Cash Flow-98.0M24.0M-684.0M-324.0M-
Free Cash Flow-43.0M422.0M697.0M642.0M-

Cash Flow Trend

Novelis Key Financial Ratios

Valuation Ratios

Price to Sales 0.00

Profitability Ratios

Profit Margin 3.70%
Operating Margin 8.19%
Return on Equity 16.52%
Return on Assets 5.00%

Financial Health

Current Ratio 1.23
Debt to Equity 151.23

Per Share Data

Book Value per Share $3.46

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
nvl6.0K--16.52%3.70%151.23
Alcoa 7.4B7.681.2815.35%6.79%45.51
Constellium SE 1.8B25.842.488.70%0.97%269.41
Century Aluminum 1.6B13.862.1714.95%4.80%69.87
Kaiser Aluminum 1.2B25.071.627.06%1.64%141.90
Linde plc 216.0B33.335.6917.01%20.02%60.56

Financial data is updated regularly. All figures are in the company's reporting currency.