Alcoa Earnings before Tax vs Working Capital Analysis

    Earnings before Tax vs Working Capital

    Earnings before Tax

    Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

    Working Capital

    Working capital measures the difference between Current Assets and Current Liabilities.

    Accounts Relationship

    Earnings before Tax vs Working Capital

    Significance: Pay attention

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Earnings before Tax account and Working Capital

    Correlation Coefficient

    -0.76
    Relationship DirectionNegative 
    Relationship StrengthWeak