Alcoa Short Long Term Debt vs Long Term Debt Analysis
AA Stock | USD 34.25 0.89 2.53% |
Alcoa Corp financial indicator trend analysis is way more than just evaluating Alcoa Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa Corp is a good investment. Please check the relationship between Alcoa Corp Short Long Term Debt and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
Short Long Term Debt vs Long Term Debt
Short Long Term Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcoa Corp Short Long Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alcoa Corp's Short Long Term Debt and Long Term Debt is -0.16. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Alcoa Corp, assuming nothing else is changed. The correlation between historical values of Alcoa Corp's Short Long Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Alcoa Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Long Term Debt i.e., Alcoa Corp's Short Long Term Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Long Term Debt
Long-term debt is a debt that Alcoa Corp has held for over one year. Long-term debt appears on Alcoa Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Alcoa Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Alcoa Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alcoa Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.At present, Alcoa Corp's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.11, whereas Tax Provision is forecasted to decline to about 179.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 195M | 106M | 107M | 147.5M | Depreciation And Amortization | 664M | 617M | 632M | 599.4M |
Alcoa Corp fundamental ratios Correlations
Click cells to compare fundamentals
Alcoa Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alcoa Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 185M | 186M | 190M | 181M | 178M | 202.5M | |
Total Assets | 14.6B | 14.9B | 15.0B | 14.8B | 14.2B | 12.7B | |
Short Long Term Debt Total | 1.8B | 2.5B | 1.7B | 1.8B | 1.8B | 1.6B | |
Other Current Liab | 561M | 870M | 791M | 1.2B | 1.1B | 858M | |
Total Current Liabilities | 2.6B | 2.8B | 3.2B | 3.0B | 3.0B | 3.2B | |
Total Stockholder Equity | 4.1B | 3.3B | 4.6B | 5.1B | 4.3B | 4.6B | |
Other Liab | 4.3B | 4.6B | 3.8B | 3.3B | 3.8B | 4.3B | |
Net Tangible Assets | 3.9B | 3.3B | 4.6B | 5.1B | 4.6B | 4.6B | |
Property Plant And Equipment Net | 7.9B | 7.2B | 6.6B | 6.5B | 6.8B | 6.6B | |
Current Deferred Revenue | 517M | 486M | 757M | 88M | 79.2M | 75.2M | |
Net Debt | 921M | 858M | (87M) | 444M | 835M | 444.6M | |
Accounts Payable | 1.5B | 1.4B | 1.7B | 1.8B | 1.7B | 1.8B | |
Cash | 879M | 1.6B | 1.8B | 1.4B | 976M | 1.2B | |
Non Current Assets Total | 11.1B | 10.3B | 10.0B | 9.5B | 9.8B | 9.5B | |
Non Currrent Assets Other | 1.2B | 1.3B | 1.5B | 1.4B | 1.4B | 1.2B | |
Other Assets | 1.7B | 10.3M | (1.6B) | 1.9B | 1.7B | 1.2B | |
Long Term Debt | 1.8B | 2.5B | 1.7B | 1.8B | 1.7B | 1.6B | |
Cash And Short Term Investments | 879M | 1.6B | 1.8B | 1.4B | 1.0B | 1.2B | |
Net Receivables | 660M | 556M | 884M | 909M | 808M | 870.4M | |
Good Will | 151M | 150M | 145M | 144M | 146M | 120.2M | |
Liabilities And Stockholders Equity | 14.6B | 14.9B | 15.0B | 14.8B | 14.2B | 12.7B | |
Non Current Liabilities Total | 6.2B | 7.1B | 5.5B | 5.2B | 5.3B | 5.9B | |
Other Current Assets | 288M | 290M | 358M | 417M | 434M | 381.0M | |
Other Stockholder Equity | 9.6B | 9.7B | 9.6B | 9.2B | 9.2B | 9.2B | |
Total Liab | 8.8B | 9.9B | 8.8B | 8.2B | 8.3B | 9.1B | |
Long Term Investments | 1.1B | 1.1B | 1.2B | 1.1B | 979M | 1.0B | |
Property Plant And Equipment Gross | 7.9B | 7.2B | 19.8B | 19.6B | 20.4B | 13.5B | |
Total Current Assets | 3.5B | 4.5B | 5.0B | 5.3B | 4.4B | 4.4B | |
Accumulated Other Comprehensive Income | (5.0B) | (5.7B) | (4.6B) | (3.6B) | (3.6B) | (3.8B) | |
Intangible Assets | 52M | 45M | 36M | 29M | 37M | 46.1M | |
Property Plant Equipment | 8.0B | 7.2B | 6.6B | 6.5B | 5.8B | 6.8B | |
Long Term Debt Total | 1.8B | 2.5B | 1.7B | 1.8B | 2.1B | 1.7B | |
Noncontrolling Interest In Consolidated Entity | 1.8B | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B | |
Retained Earnings | (555M) | (725M) | (315M) | (549M) | (1.3B) | (1.2B) | |
Retained Earnings Total Equity | (555M) | (725M) | (315M) | (570M) | (513M) | (487.4M) |
Alcoa Corp Investors Sentiment
The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with an investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.
Alcoa Corp Implied Volatility | 89.74 |
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (3.76) | Revenue Per Share 58.771 | Quarterly Revenue Growth (0.03) |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.