Alcoa Market Capitalization vs Working Capital Analysis

    Market Capitalization vs Working Capital

    Market Capitalization

    Market capitalization (or market cap) is the total value of the shares outstanding of Alcoa Corporation. It is equal to Alcoa current share price times the number of Alcoa outstanding shares. Represents the product of Total Shares (Basic) , Adjusted Share Price and Entity Share Factor.

    Working Capital

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

    Accounts Relationship

    Market Capitalization vs Working Capital

    Significance: Weak Relationship

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Market Capitalization account and Working Capital

    Correlation Coefficient

    0.3
    Relationship DirectionPositive 
    Relationship StrengthVery Weak