Alcoa Enterprise Value vs Invested Capital Average Analysis

AA -- USA Stock  

USD 45.34  0.87  1.96%

Alcoa financial indicator trend analysis is way more than just evaluating Alcoa prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa is a good investment. Please check the relationship between Alcoa Enterprise Value and its Invested Capital Average accounts. Check also Trending Equities.

Enterprise Value vs Invested Capital Average

Accounts Relationship

Enterprise Value vs Invested Capital Average

Significance: Significant Contrarian Relationship

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

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Alcoa theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alcoa debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alcoa value then its market capitalization because it takes into account all of Alcoa Corporation existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

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.

Did you try this?

Run Portfolio Volatility Now
   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Portfolio Volatility

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.