Alcoa Invested Capital Average vs Average Equity Analysis

AA -- USA Stock  

USD 42.14  1.65  3.77%

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 Invested Capital Average and its Average Equity accounts. Check also Trending Equities.

Invested Capital Average vs Average Equity

Accounts Relationship

Invested Capital Average vs Average Equity

Significance: Totally Related

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Average Equity

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

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Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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