Alcoa Cash and Equivalents

    Alcoa Corporation -- USA Stock  

    USD 47.36  0.21  0.44%

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    Cash and Equivalents Analysis

    Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
    Bank Deposits 
    1.36 B

    Distress Driver Correlations

     Alcoa Cash and Equivalents 

    About Cash and Equivalents

    Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).
    Compare to competition

    Alcoa Cash and Equivalents Assessment


    Alcoa Equivalents Changes

    Cash and Equivalents USD

    Net Cash Flow or Change in Cash and Cash Equivalents

    In accordance with recently published financial statements Alcoa Corporation has 1.36 B in Cash and Equivalents. This is 50.43% lower than that of the Basic Materials sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Cash and Equivalents for all stocks is 65.05% higher than the company.

    Peer Comparison

    Alcoa Cash and Equivalents Comparison
      Cash and Equivalents 
          Alcoa Comparables 
    Alcoa is rated second in cash and equivalents category among related companies.

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