Alcoa Average Assets vs Average Equity Analysis

    Average Assets vs Average Equity

    Average Assets

    Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets, derived from Total Assets.

    Average Equity

    Average equity value for the period used in calculation of Return on Average Equity, derived from Shareholders Equity.

    Accounts Relationship

    Average Assets vs Average Equity

    Significance: Totally Related

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Average Assets account and Average Equity

    Correlation Coefficient

    1.0
    Relationship DirectionPositive 
    Relationship StrengthVery Strong