Alcoa Invested Capital Average vs Free Cash Flow Analysis

    Invested Capital Average vs Free Cash Flow

    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.

    Free Cash Flow

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

    Accounts Relationship

    Invested Capital Average vs Free Cash Flow

    Significance: Fragmental Relationship

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

    Correlation Coefficient

    0.43
    Relationship DirectionPositive 
    Relationship StrengthWeak