Alcoa Other Liab vs Common Stock Total Equity Analysis

AA Stock  USD 46.43  0.55  1.20%   
Alcoa Corp financial indicator trend analysis is way more than just evaluating Alcoa Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa Corp is a good investment. Please check the relationship between Alcoa Corp Other Liab and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Other Liab vs Common Stock Total Equity

Other Liab vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcoa Corp Other Liab account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Alcoa Corp's Other Liab and Common Stock Total Equity is -0.83. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Alcoa Corp, assuming nothing else is changed. The correlation between historical values of Alcoa Corp's Other Liab and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Alcoa Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Liab i.e., Alcoa Corp's Other Liab and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Alcoa Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alcoa Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.At present, Alcoa Corp's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 47.58, whereas Tax Provision is forecasted to decline to about 179.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense195M106M107M147.5M
Depreciation And Amortization664M617M632M599.3M

Alcoa Corp fundamental ratios Correlations

-0.530.360.310.48-0.420.42-0.42-0.44-0.280.090.130.47-0.440.36-0.420.370.470.33-0.79-0.420.430.07-0.020.370.46
-0.53-0.81-0.71-0.390.85-0.480.830.960.82-0.630.25-0.740.96-0.690.54-0.81-0.74-0.180.90.81-0.65-0.53-0.23-0.82-0.65
0.36-0.810.790.51-0.960.73-0.96-0.89-0.630.8-0.210.89-0.90.88-0.671.00.890.35-0.63-0.940.890.450.380.80.89
0.31-0.710.790.52-0.820.75-0.83-0.75-0.440.57-0.240.74-0.730.81-0.50.770.740.22-0.61-0.80.80.230.340.730.8
0.48-0.390.510.52-0.540.59-0.54-0.52-0.040.150.620.65-0.510.7-0.360.50.650.84-0.5-0.60.570.54-0.030.360.66
-0.420.85-0.96-0.82-0.54-0.831.00.910.56-0.720.19-0.890.9-0.930.55-0.97-0.89-0.410.670.98-0.94-0.4-0.18-0.9-0.94
0.42-0.480.730.750.59-0.83-0.84-0.55-0.110.5-0.010.71-0.540.88-0.280.750.710.52-0.42-0.830.960.020.010.70.96
-0.420.83-0.96-0.83-0.541.0-0.840.890.54-0.710.2-0.890.89-0.940.54-0.96-0.89-0.410.660.98-0.95-0.37-0.17-0.9-0.95
-0.440.96-0.89-0.75-0.520.91-0.550.890.72-0.60.18-0.881.0-0.790.61-0.88-0.88-0.310.810.88-0.73-0.62-0.25-0.87-0.74
-0.280.82-0.63-0.44-0.040.56-0.110.540.72-0.710.3-0.410.76-0.30.56-0.61-0.410.210.70.48-0.33-0.54-0.51-0.44-0.31
0.09-0.630.80.570.15-0.720.5-0.71-0.6-0.71-0.280.44-0.650.62-0.390.80.440.1-0.4-0.70.660.340.410.490.63
0.130.25-0.21-0.240.620.19-0.010.20.180.3-0.28-0.110.150.00.2-0.21-0.110.640.020.12-0.110.43-0.23-0.39-0.02
0.47-0.740.890.740.65-0.890.71-0.89-0.88-0.410.44-0.11-0.860.85-0.710.881.00.44-0.64-0.880.840.420.250.830.85
-0.440.96-0.9-0.73-0.510.9-0.540.891.00.76-0.650.15-0.86-0.790.62-0.89-0.86-0.310.820.88-0.73-0.64-0.27-0.84-0.73
0.36-0.690.880.810.7-0.930.88-0.94-0.79-0.30.620.00.85-0.79-0.380.890.850.65-0.55-0.970.930.390.00.820.95
-0.420.54-0.67-0.5-0.360.55-0.280.540.610.56-0.390.2-0.710.62-0.38-0.64-0.710.030.510.47-0.46-0.31-0.58-0.36-0.47
0.37-0.811.00.770.5-0.970.75-0.96-0.88-0.610.8-0.210.88-0.890.89-0.640.880.36-0.62-0.950.910.430.340.810.9
0.47-0.740.890.740.65-0.890.71-0.89-0.88-0.410.44-0.111.0-0.860.85-0.710.880.44-0.64-0.880.840.420.250.830.85
0.33-0.180.350.220.84-0.410.52-0.41-0.310.210.10.640.44-0.310.650.030.360.44-0.24-0.530.480.44-0.390.30.55
-0.790.9-0.63-0.61-0.50.67-0.420.660.810.7-0.40.02-0.640.82-0.550.51-0.62-0.64-0.240.64-0.53-0.45-0.24-0.63-0.55
-0.420.81-0.94-0.8-0.60.98-0.830.980.880.48-0.70.12-0.880.88-0.970.47-0.95-0.88-0.530.64-0.94-0.42-0.08-0.88-0.94
0.43-0.650.890.80.57-0.940.96-0.95-0.73-0.330.66-0.110.84-0.730.93-0.460.910.840.48-0.53-0.940.20.150.790.99
0.07-0.530.450.230.54-0.40.02-0.37-0.62-0.540.340.430.42-0.640.39-0.310.430.420.44-0.45-0.420.20.140.240.25
-0.02-0.230.380.34-0.03-0.180.01-0.17-0.25-0.510.41-0.230.25-0.270.0-0.580.340.25-0.39-0.24-0.080.150.140.00.13
0.37-0.820.80.730.36-0.90.7-0.9-0.87-0.440.49-0.390.83-0.840.82-0.360.810.830.3-0.63-0.880.790.240.00.78
0.46-0.650.890.80.66-0.940.96-0.95-0.74-0.310.63-0.020.85-0.730.95-0.470.90.850.55-0.55-0.940.990.250.130.78
Click cells to compare fundamentals

Alcoa Corp Account Relationship Matchups

Alcoa Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding185M186M190M181M178M202.5M
Total Assets14.6B14.9B15.0B14.8B14.2B12.7B
Short Long Term Debt Total1.8B1.8B2.6B1.9B1.9B1.7B
Other Current Liab974M1.2B1.1B1.0B1.1B1.1B
Total Current Liabilities2.6B2.8B3.2B3.0B3.0B3.2B
Total Stockholder Equity4.1B3.3B4.7B5.1B4.3B4.6B
Other Liab4.3B4.6B3.8B3.3B3.8B4.3B
Net Tangible Assets3.9B3.3B4.6B5.1B4.6B4.6B
Property Plant And Equipment Net7.9B7.2B6.6B6.5B6.8B6.6B
Current Deferred Revenue104M91M374M230M88M83.6M
Net Debt921M1.0B52M503M971M498.9M
Accounts Payable1.5B1.4B1.7B1.8B1.7B1.8B
Cash879M1.6B1.8B1.4B944M1.2B
Non Current Assets Total11.1B10.3B10B9.5B9.8B9.5B
Non Currrent Assets Other1.2B1.3B1.5B1.4B1.5B1.3B
Other Assets1.7B10.3M(1M)1.9B1.7B1.3B
Long Term Debt1.8B2.5B1.7B1.8B1.7B1.6B
Cash And Short Term Investments879M1.6B1.8B1.4B944M1.2B
Net Receivables660M556M884M909M808M870.4M
Good Will151M150M145M144M146M120.2M
Liabilities And Stockholders Equity14.6B14.9B15.0B14.8B14.2B12.7B
Non Current Liabilities Total6.2B7.1B5.5B5.2B5.3B5.9B
Other Current Assets288M959M372M551M495M477.6M
Other Stockholder Equity9.6B9.7B9.6B9.2B9.2B9.2B
Total Liab8.8B9.8B8.7B8.2B8.3B9.1B
Long Term Investments1.1B1.1B1.2B1.1B979M1.0B
Property Plant And Equipment Gross7.9B7.2B19.8B19.6B20.4B13.5B
Total Current Assets3.5B4.5B5.0B5.3B4.4B4.4B
Accumulated Other Comprehensive Income(5.0B)(5.6B)(4.6B)(3.5B)(3.6B)(3.8B)
Intangible Assets52M45M36M29M37M46.1M
Property Plant Equipment8.0B7.2B6.6B6.5B5.8B6.8B
Long Term Debt Total1.8B2.5B1.7B1.8B2.1B1.7B
Noncontrolling Interest In Consolidated Entity1.8B1.7B1.6B1.5B1.4B1.5B
Retained Earnings(555M)(725M)(315M)(570M)(1.3B)(1.2B)
Retained Earnings Total Equity(555M)(725M)(315M)(570M)(513M)(487.4M)

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.