Alcoa Working Capital vs Market Capitalization Analysis

    Working Capital vs Market Capitalization

    Working Capital

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

    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.

    Accounts Relationship

    Working Capital vs Market Capitalization

    Significance: Weak Relationship

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

    Correlation Coefficient

    0.3
    Relationship DirectionPositive 
    Relationship StrengthVery Weak