Alcoa Corporate Bonds

Alcoa financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Alcoa Inc financial risk is the risk to Alcoa stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Check also analysis of Alcoa Fundamentals Over Time

Financial Leverage Over Time

Interest burden is a component of DuPont return on equity analysis calculated by dividing Earnings before Tax by Earning Before Interest and Taxes EBIT . This will be 1 for a company with no Interest Expense.
 Financial Leverage 

Leverage Ratio Over Time

Leverage Ratio is a measure of a firms financial leverage, calculated by dividing Average Assets by Average Equity. A component of DuPont return on equity analysis.
 Leverage Ratio 

Alcoa Corporate Bonds Issued

Piotroski F Score   
5  Healthy
Issue DateMaturityCouponRef CouponS&P Rating
013817AJ0 5.9% Corp Bond01/25/200702/01/20275.92.25
013817AK7 5.95% Corp Bond01/25/200702/01/20375.955.375
013817AL5 5.55% Corp Bond01/25/200702/01/20175.550.375
013817AP6 5.72% Corp Bond05/03/200702/23/20195.721.5
013817AQ4 5.87% Corp Bond05/03/200702/23/20225.872.0
013817AS0 6.75% Corp Bond07/15/200807/15/20186.750.875
013817AU5 6.15% Corp Bond08/03/201008/15/20206.151.5
013817AV3 5.4% Corp Bond04/21/201104/15/20215.42.0
013817AW1 5.125% Corp Bond09/22/201410/01/20245.1252.25
022249AU0 6.75% Corp Bond01/27/199801/15/20286.752.25
022249BA3 6.5% Corp Bond10/05/199806/15/20186.50.875
Total Macroaxis Rating
Average S&P Rating

Alcoa Debt Analysis

The company reports 1.45 B of total liabilities with total debt to equity ratio (D/E) of 17.7 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Alcoa Inc has Current Ratio of 1.27 indicating that it is in a questionable position to pay out its debt commitments in time.

Current Liquidity

Debt to Cash Allocation


Alcoa Debt Growth Rates

Total Debt

Debt Current