Alcoa Average Equity vs Average Assets Analysis

    Average Equity vs Average Assets

    Average Equity

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

    Accounts Relationship

    Average Equity vs Average Assets

    Significance: Totally Related

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

    Correlation Coefficient

    1.0
    Relationship DirectionPositive 
    Relationship StrengthVery Strong