Alcoa Capital Lease Obligations from 2010 to 2024

AA Stock  USD 45.88  1.54  3.25%   
Alcoa Corp's Capital Lease Obligations is decreasing over the years with slightly volatile fluctuation. Capital Lease Obligations is expected to dwindle to about 65.4 M. Capital Lease Obligations is the total obligations of Alcoa Corp under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
104 M
Current Value
65.4 M
Quarterly Volatility
15.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.3 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.006 or PTB Ratio of 1.02. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
  
Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Latest Alcoa Corp's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Alcoa Corp over the last few years. Alcoa Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Alcoa Corp asset purchases. For example, Alcoa Corp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Alcoa Corp control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Alcoa Corp's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Alcoa Capital Lease Obligations Regression Statistics

Arithmetic Mean91,629,333
Geometric Mean90,139,435
Coefficient Of Variation17.16
Mean Deviation12,810,311
Median100,000,000
Standard Deviation15,721,625
Sample Variance247.2T
Range45M
R-Value(0.63)
Mean Square Error160.3T
R-Squared0.40
Significance0.01
Slope(2,217,571)
Total Sum of Squares3460.4T

Alcoa Capital Lease Obligations History

202465.4 M
2023104 M
202259 M
202164 M
202082 M

About Alcoa Corp Financial Statements

Alcoa Corp stakeholders use historical fundamental indicators, such as Alcoa Corp's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alcoa Corp's assets and liabilities are reflected in the revenues and expenses on Alcoa Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations104 M65.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(1.56)
Revenue Per Share
57.238
Quarterly Revenue Growth
0.116
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.