Alcoa Minority Interest from 2010 to 2024
AA Stock | USD 46.43 0.55 1.20% |
Minority Interest | First Reported 2014-12-31 | Previous Quarter -11 M | Current Value -8 M | Quarterly Volatility 849.7 M |
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.
Alcoa | Minority Interest |
Latest Alcoa Corp's Minority Interest Growth Pattern
Below is the plot of the Minority Interest of Alcoa Corp over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Alcoa Corp whose combined shares represent less than 50% of the total outstanding shares issued by Alcoa Corp have a minority interest in Alcoa Corp. It is Alcoa Corp's Minority Interest 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.
Minority Interest | 10 Years Trend |
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Minority Interest |
Timeline |
Alcoa Minority Interest Regression Statistics
Arithmetic Mean | 1,506,326,667 | |
Geometric Mean | 883,549,196 | |
Coefficient Of Variation | 73.87 | |
Mean Deviation | 991,964,444 | |
Median | 2,043,000,000 | |
Standard Deviation | 1,112,687,397 | |
Sample Variance | 1238073.2T | |
Range | 2.6B | |
R-Value | (0.89) | |
Mean Square Error | 281529.8T | |
R-Squared | 0.79 | |
Slope | (220,981,071) | |
Total Sum of Squares | 17333025.4T |
Alcoa Minority Interest History
About Alcoa Corp Financial Statements
Alcoa Corp stakeholders use historical fundamental indicators, such as Alcoa Corp's Minority Interest, 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 Reported | Projected for Next Year | ||
Minority Interest | 122 M | 115.9 M |
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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.