Alcoa Free Cash Flow vs Earnings before Tax Analysis

AA -- USA Stock  

USD 43.79  1.83  4.36%

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 Free Cash Flow and its Earnings before Tax accounts. Check also Trending Equities.

Free Cash Flow vs Earnings before Tax

Accounts Relationship

Free Cash Flow vs Earnings before Tax

Significance: Almost Identical Trend

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

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

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

Earnings before Tax

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

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