Noranda Income Fund (NIF-UN.TO) is a Industrial Materials company in the Basic Materials sector, currently trading at $1.97. It has a SharesGrow Score of 22/100, indicating a weak investment profile with 0 out of 7 criteria passed.
Financials: revenue is $848M, -0.5%/yr average growth. Net income is $30M (loss), growing at -1075.5%/yr. Net profit margin is -3.6% (negative). Gross margin is 3.7% (-0.3 pp trend).
Balance sheet: total debt is $142M against $125M equity (Debt-to-Equity (D/E) ratio 1.13, moderate). Current ratio is 1.69 (strong liquidity). Debt-to-assets is 25.1%. Total assets: $565M.
SharesGrow 7-Criteria breakdown: Value ?/100 (Fail), Growth 15/100 (Fail), Past 25/100 (Fail), Health 50/100 (Partial), Moat 19/100 (Fail), Future ?/100 (Fail), Income 10/100 (Fail).