Alcoa Total Other Income Expense Net vs Total Revenue Analysis
| AA Stock | USD 39.54 1.55 3.77% |
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 Total Other Income Expense Net and its Total Revenue 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.
Total Other Income Expense Net vs Total Revenue
Total Other Income Expense Net vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcoa Corp Total Other Income Expense Net account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alcoa Corp's Total Other Income Expense Net and Total Revenue is -0.55. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue 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 Total Other Income Expense Net and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Alcoa Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Other Income Expense Net i.e., Alcoa Corp's Total Other Income Expense Net and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Other Income Expense Net
Total Revenue
Total revenue comprises all receipts Alcoa Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Expense | 195M | 106M | 107M | 147.5M | Depreciation And Amortization | 664M | 617M | 632M | 599.3M |
Alcoa Corp fundamental ratios Correlations
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Alcoa Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alcoa Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 185M | 186M | 190M | 181M | 178M | 202.5M | |
| Total Assets | 14.6B | 14.9B | 15.0B | 14.8B | 14.2B | 12.7B | |
| Short Long Term Debt Total | 1.8B | 1.8B | 2.6B | 1.9B | 1.9B | 1.7B | |
| Other Current Liab | 974M | 1.2B | 1.1B | 1.0B | 1.1B | 1.1B | |
| Total Current Liabilities | 2.6B | 2.8B | 3.2B | 3.0B | 3.0B | 3.2B | |
| Total Stockholder Equity | 4.1B | 3.3B | 4.7B | 5.1B | 4.3B | 4.6B | |
| Other Liab | 4.3B | 4.6B | 3.8B | 3.3B | 3.8B | 4.3B | |
| Net Tangible Assets | 3.9B | 3.3B | 4.6B | 5.1B | 4.6B | 4.6B | |
| Property Plant And Equipment Net | 7.9B | 7.2B | 6.6B | 6.5B | 6.8B | 6.6B | |
| Current Deferred Revenue | 104M | 91M | 374M | 230M | 88M | 83.6M | |
| Net Debt | 921M | 1.0B | 52M | 503M | 971M | 498.9M | |
| Accounts Payable | 1.5B | 1.4B | 1.7B | 1.8B | 1.7B | 1.8B | |
| Cash | 879M | 1.6B | 1.8B | 1.4B | 944M | 1.2B | |
| Non Current Assets Total | 11.1B | 10.3B | 10B | 9.5B | 9.8B | 9.5B | |
| Non Currrent Assets Other | 1.2B | 1.3B | 1.5B | 1.4B | 1.5B | 1.3B | |
| Other Assets | 1.7B | 10.3M | (1M) | 1.9B | 1.7B | 1.3B | |
| Long Term Debt | 1.8B | 2.5B | 1.7B | 1.8B | 1.7B | 1.6B | |
| Cash And Short Term Investments | 879M | 1.6B | 1.8B | 1.4B | 944M | 1.2B | |
| Net Receivables | 660M | 556M | 884M | 909M | 808M | 870.4M | |
| Good Will | 151M | 150M | 145M | 144M | 146M | 120.2M | |
| Liabilities And Stockholders Equity | 14.6B | 14.9B | 15.0B | 14.8B | 14.2B | 12.7B | |
| Non Current Liabilities Total | 6.2B | 7.1B | 5.5B | 5.2B | 5.3B | 5.9B | |
| Other Current Assets | 288M | 959M | 372M | 551M | 495M | 477.6M | |
| Other Stockholder Equity | 9.6B | 9.7B | 9.6B | 9.2B | 9.2B | 9.2B | |
| Total Liab | 8.8B | 9.8B | 8.7B | 8.2B | 8.3B | 9.1B | |
| Long Term Investments | 1.1B | 1.1B | 1.2B | 1.1B | 979M | 1.0B | |
| Property Plant And Equipment Gross | 7.9B | 7.2B | 19.8B | 19.6B | 20.4B | 13.5B | |
| Total Current Assets | 3.5B | 4.5B | 5.0B | 5.3B | 4.4B | 4.4B | |
| Accumulated Other Comprehensive Income | (5.0B) | (5.6B) | (4.6B) | (3.5B) | (3.6B) | (3.8B) | |
| Intangible Assets | 52M | 45M | 36M | 29M | 37M | 46.1M | |
| Property Plant Equipment | 8.0B | 7.2B | 6.6B | 6.5B | 5.8B | 6.8B | |
| Long Term Debt Total | 1.8B | 2.5B | 1.7B | 1.8B | 2.1B | 1.7B | |
| Noncontrolling Interest In Consolidated Entity | 1.8B | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B | |
| 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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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.