Alcoa Average Equity vs Free Cash Flow Analysis

    Average Equity vs Free Cash Flow

    Average Equity

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

    Free Cash Flow

    Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

    Accounts Relationship

    Average Equity vs Free Cash Flow

    Significance: Fragmental Relationship

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

    Correlation Coefficient

    0.43
    Relationship DirectionPositive 
    Relationship StrengthWeak