Alcoa Average Equity vs Invested Capital Average Analysis

    Average Equity vs Invested Capital Average

    Average Equity

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

    Invested Capital Average

    Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital, and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

    Accounts Relationship

    Average Equity vs Invested Capital Average

    Significance: Totally Related

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

    Correlation Coefficient

    1.0
    Relationship DirectionPositive 
    Relationship StrengthVery Strong