Alcoa Historical Cash Flow

AA Stock  USD 33.21  1.63  5.16%   
Analysis of Alcoa Corp cash flow over time is an excellent tool to project Alcoa Corp future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Stock Based Compensation of 36.3 M or Change In Working Capital of 177.4 M as it is a great indicator of Alcoa Corp ability to facilitate future growth, repay debt on time or pay out dividends.
 
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Financial Statement Analysis is much more than just reviewing and examining Alcoa Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alcoa Corp is a good buy for the upcoming year.
  
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.

About Alcoa Cash Flow Analysis

The Cash Flow Statement is a financial statement that shows how changes in Alcoa balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Alcoa's non-liquid assets can be easily converted into cash.

Alcoa Corp Cash Flow Chart

Alcoa Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Alcoa Corp Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At present, Alcoa Corp's Change To Inventory is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 36.3 M, whereas Change In Cash is projected to grow to (405.6 M).

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Total Cashflows From Investing Activities

The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.

Capital Expenditures

Capital Expenditures are funds used by Alcoa Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Alcoa Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most accounts from Alcoa Corp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 Change To Inventory is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 36.3 M, whereas Change In Cash is projected to grow to (405.6 M).

Alcoa Corp cash flow statement Correlations

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-0.36-0.610.05-0.190.26-0.190.150.180.230.050.0-0.06-0.55-0.39-0.370.27-0.05-0.31-0.21-0.530.24
-0.540.30.05-0.380.16-0.14-0.1-0.27-0.2-0.220.40.28-0.17-0.27-0.570.30.19-0.010.450.240.16
0.74-0.11-0.19-0.38-0.220.180.260.20.50.41-0.49-0.210.43-0.48-0.26-0.03-0.120.25-0.6-0.040.09
-0.5-0.40.260.16-0.22-0.8-0.67-0.420.46-0.020.710.85-0.66-0.31-0.17-0.51-0.330.38-0.24-0.60.78
0.43-0.01-0.19-0.140.18-0.80.710.63-0.190.05-0.75-0.920.450.060.230.24-0.010.010.310.22-0.61
0.19-0.040.15-0.10.26-0.670.710.79-0.190.23-0.93-0.770.16-0.1-0.250.620.28-0.380.210.21-0.35
0.07-0.220.18-0.270.2-0.420.630.79-0.150.16-0.79-0.66-0.02-0.17-0.090.390.3-0.350.20.02-0.32
0.35-0.650.23-0.20.50.46-0.19-0.19-0.150.590.030.19-0.28-0.59-0.13-0.42-0.720.71-0.59-0.70.64
0.36-0.240.05-0.220.41-0.020.050.230.160.59-0.32-0.11-0.17-0.24-0.060.18-0.130.2-0.36-0.210.33
-0.470.090.00.4-0.490.71-0.75-0.93-0.790.03-0.320.81-0.310.070.06-0.42-0.140.22-0.03-0.150.37
-0.490.11-0.060.28-0.210.85-0.92-0.77-0.660.19-0.110.81-0.46-0.1-0.2-0.44-0.050.22-0.15-0.140.61
0.650.4-0.55-0.170.43-0.660.450.16-0.02-0.28-0.17-0.31-0.460.30.170.10.070.02-0.010.46-0.38
0.00.5-0.39-0.27-0.48-0.310.06-0.1-0.17-0.59-0.240.07-0.10.30.65-0.050.13-0.260.460.46-0.36
0.31-0.03-0.37-0.57-0.26-0.170.23-0.25-0.09-0.13-0.060.06-0.20.170.65-0.4-0.280.180.04-0.08-0.41
-0.060.220.270.3-0.03-0.510.240.620.39-0.420.18-0.42-0.440.1-0.05-0.40.63-0.720.150.34-0.29
-0.350.55-0.050.19-0.12-0.33-0.010.280.3-0.72-0.13-0.14-0.050.070.13-0.280.63-0.830.190.64-0.42
0.31-0.35-0.31-0.010.250.380.01-0.38-0.350.710.20.220.220.02-0.260.18-0.72-0.83-0.2-0.460.46
-0.420.5-0.210.45-0.6-0.240.310.210.2-0.59-0.36-0.03-0.15-0.010.460.040.150.19-0.20.54-0.28
0.010.95-0.530.24-0.04-0.60.220.210.02-0.7-0.21-0.15-0.140.460.46-0.080.340.64-0.460.54-0.54
-0.23-0.40.240.160.090.78-0.61-0.35-0.320.640.330.370.61-0.38-0.36-0.41-0.29-0.420.46-0.28-0.54
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Alcoa Corp Account Relationship Matchups

Alcoa Corp cash flow statement Accounts

201920202021202220232024 (projected)
Change To Inventory137M122M(639M)(547M)243M255.2M
Change In Cash(233M)727M314M(450M)(427M)(405.7M)
Free Cash Flow307M41M530M342M(440M)(418M)
Change In Working Capital(265M)(24M)(672M)(886M)169M177.5M
Begin Period Cash Flow1.1B883M1.6B1.9B1.5B1.0B
Total Cashflows From Investing Activities(468M)(167M)565M(495M)(569.3M)(597.7M)
Other Cashflows From Financing Activities(439M)516M(215M)(217M)129M135.5M
Depreciation871M640M263M617M632M580.8M
Other Non Cash Items888M(207M)573M735M251M493.1M
Capital Expenditures379M353M390M480M531M344.9M
Total Cash From Operating Activities686M394M920M822M91M86.5M
Change To Account Receivables81M(290M)(688M)(59M)52M54.6M
Change To Operating Activities(375M)(649M)(853M)(296M)(340.4M)(357.4M)
Net Income(853M)(14M)570M59M(773M)(811.7M)
End Period Cash Flow883M1.6B1.9B1.5B1.0B1.1B
Sale Purchase Of Stock53M(1M)(150M)(500M)(34M)(35.7M)
Investments(112M)(12M)(11M)(495M)(585M)(555.8M)
Net Borrowings425M(7M)(1M)(799M)(900K)(855K)
Other Cashflows From Investing Activities23M198M955M(15M)(17.3M)(16.4M)
Change To Netincome(59M)(463M)1.1B309M278.1M345.7M
Change To Liabilities(688M)(97M)354M(199M)(179.1M)(170.1M)
Change Receivables283M16M(414M)(59M)(53.1M)(55.8M)
Dividends Paid472M(1M)19M72M64.8M61.6M
Cash And Cash Equivalents Changes(226M)741M327M(441M)(396.9M)(377.1M)
Cash Flows Other Operating1.2B177M974M663M762.5M462.8M

Pair Trading with Alcoa Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alcoa Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alcoa Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alcoa Stock

  0.71GGB Gerdau SA ADR Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Alcoa Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alcoa Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alcoa Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alcoa Corp to buy it.
The correlation of Alcoa Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alcoa Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alcoa Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alcoa Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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
(3.65)
Revenue Per Share
59.275
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.