Alcoa Invested Capital vs Enterprise Value Analysis

AA Stock

USD 35.53 0.06 0.17%

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 Invested Capital and its Enterprise Value 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.

Invested Capital vs Enterprise Value

Invested Capital vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcoa Corp Invested Capital account and Enterprise Value. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Alcoa Corp's Invested Capital and Enterprise Value is 0.1. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Enterprise Value 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 Invested Capital and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Alcoa Corp are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Invested Capital i.e., Alcoa Corp's Invested Capital and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Alcoa Corp. There are two different methods for calculating Alcoa Corp invested capital: operating approach and financing approach. Understanding Alcoa Corp invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Alcoa Corp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alcoa Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alcoa Corp value than its market capitalization because it takes into account all of Alcoa Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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

Interest Expense Depreciation And Amortization

Alcoa Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		-0.54	0.36	0.12	0.48	-0.42	0.42	-0.42	-0.44	-0.1	0.07	0.13	0.47	-0.44	-0.25	-0.42	0.37	0.47	0.33	-0.79	-0.42	0.43	0.07	-0.36	0.37	0.46
Total Assets	-0.54		-0.81	-0.77	-0.39	0.85	-0.48	0.83	0.96	0.55	-0.58	0.25	-0.74	0.96	0.15	0.48	-0.81	-0.75	-0.18	0.9	0.81	-0.66	-0.53	0.39	-0.82	-0.65
Short Long Term Debt Total	0.36	-0.81		0.76	0.5	-0.97	0.75	-0.96	-0.88	-0.24	0.76	-0.21	0.88	-0.89	-0.29	-0.53	1.0	0.88	0.36	-0.62	-0.95	0.91	0.44	-0.58	0.81	0.9
Other Current Liab	0.12	-0.77	0.76		0.51	-0.73	0.37	-0.71	-0.86	-0.65	0.55	-0.02	0.7	-0.86	-0.1	-0.31	0.76	0.7	0.39	-0.62	-0.75	0.55	0.73	-0.11	0.68	0.57
Total Current Liabilities	0.48	-0.39	0.5	0.51		-0.54	0.59	-0.54	-0.52	-0.1	0.09	0.62	0.65	-0.51	-0.25	-0.43	0.5	0.65	0.84	-0.5	-0.6	0.57	0.54	-0.09	0.36	0.66
Total Stockholder Equity	-0.42	0.85	-0.97	-0.73	-0.54		-0.83	1.0	0.91	0.2	-0.67	0.19	-0.9	0.91	0.15	0.48	-0.97	-0.9	-0.41	0.67	0.98	-0.94	-0.4	0.66	-0.9	-0.94
Other Liab	0.42	-0.48	0.75	0.37	0.59	-0.83		-0.84	-0.55	0.14	0.49	-0.01	0.71	-0.54	-0.04	-0.23	0.75	0.71	0.52	-0.42	-0.83	0.95	0.02	-0.74	0.7	0.95
Net Tangible Assets	-0.42	0.83	-0.96	-0.71	-0.54	1.0	-0.84		0.89	0.17	-0.67	0.2	-0.9	0.89	0.13	0.47	-0.96	-0.9	-0.41	0.66	0.98	-0.95	-0.37	0.68	-0.9	-0.95
Property Plant And Equipment Net	-0.44	0.96	-0.88	-0.86	-0.52	0.91	-0.55	0.89		0.44	-0.53	0.18	-0.88	1.0	0.12	0.57	-0.88	-0.89	-0.31	0.81	0.88	-0.73	-0.62	0.43	-0.87	-0.74
Current Deferred Revenue	-0.1	0.55	-0.24	-0.65	-0.1	0.2	0.14	0.17	0.44		-0.41	-0.11	-0.05	0.47	0.25	-0.16	-0.23	-0.05	-0.04	0.56	0.2	0.0	-0.61	-0.35	-0.18	-0.01
Net Debt	0.07	-0.58	0.76	0.55	0.09	-0.67	0.49	-0.67	-0.53	-0.41		-0.27	0.37	-0.58	-0.47	-0.09	0.75	0.37	0.11	-0.34	-0.67	0.64	0.28	-0.32	0.46	0.6
Accounts Payable	0.13	0.25	-0.21	-0.02	0.62	0.19	-0.01	0.2	0.18	-0.11	-0.27		-0.1	0.15	-0.4	0.12	-0.21	-0.1	0.64	0.02	0.12	-0.11	0.43	0.46	-0.39	-0.02
Cash	0.47	-0.74	0.88	0.7	0.65	-0.9	0.71	-0.9	-0.88	-0.05	0.37	-0.1		-0.86	-0.07	-0.7	0.89	1.0	0.44	-0.64	-0.88	0.84	0.43	-0.6	0.83	0.86
Non Current Assets Total	-0.44	0.96	-0.89	-0.86	-0.51	0.91	-0.54	0.89	1.0	0.47	-0.58	0.15	-0.86		0.2	0.57	-0.89	-0.87	-0.31	0.82	0.88	-0.73	-0.64	0.4	-0.84	-0.74
Non Currrent Assets Other	-0.25	0.15	-0.29	-0.1	-0.25	0.15	-0.04	0.13	0.12	0.25	-0.47	-0.4	-0.07	0.2		0.3	-0.29	-0.07	-0.15	0.21	0.13	-0.16	-0.44	-0.24	0.26	-0.18
Other Assets	-0.42	0.48	-0.53	-0.31	-0.43	0.48	-0.23	0.47	0.57	-0.16	-0.09	0.12	-0.7	0.57	0.3		-0.54	-0.7	-0.06	0.46	0.43	-0.38	-0.33	0.2	-0.34	-0.4
Long Term Debt	0.37	-0.81	1.0	0.76	0.5	-0.97	0.75	-0.96	-0.88	-0.23	0.75	-0.21	0.89	-0.89	-0.29	-0.54		0.89	0.36	-0.62	-0.95	0.91	0.43	-0.59	0.81	0.9
Cash And Short Term Investments	0.47	-0.75	0.88	0.7	0.65	-0.9	0.71	-0.9	-0.89	-0.05	0.37	-0.1	1.0	-0.87	-0.07	-0.7	0.89		0.44	-0.65	-0.88	0.84	0.43	-0.6	0.83	0.86
Net Receivables	0.33	-0.18	0.36	0.39	0.84	-0.41	0.52	-0.41	-0.31	-0.04	0.11	0.64	0.44	-0.31	-0.15	-0.06	0.36	0.44		-0.24	-0.53	0.48	0.44	-0.15	0.3	0.55
Good Will	-0.79	0.9	-0.62	-0.62	-0.5	0.67	-0.42	0.66	0.81	0.56	-0.34	0.02	-0.64	0.82	0.21	0.46	-0.62	-0.65	-0.24		0.64	-0.53	-0.45	0.24	-0.63	-0.55
Common Stock Total Equity	-0.42	0.81	-0.95	-0.75	-0.6	0.98	-0.83	0.98	0.88	0.2	-0.67	0.12	-0.88	0.88	0.13	0.43	-0.95	-0.88	-0.53	0.64		-0.94	-0.42	0.63	-0.88	-0.94
Non Current Liabilities Total	0.43	-0.66	0.91	0.55	0.57	-0.94	0.95	-0.95	-0.73	0.0	0.64	-0.11	0.84	-0.73	-0.16	-0.38	0.91	0.84	0.48	-0.53	-0.94		0.2	-0.74	0.8	0.99
Inventory	0.07	-0.53	0.44	0.73	0.54	-0.4	0.02	-0.37	-0.62	-0.61	0.28	0.43	0.43	-0.64	-0.44	-0.33	0.43	0.43	0.44	-0.45	-0.42	0.2		0.3	0.24	0.25
Other Current Assets	-0.36	0.39	-0.58	-0.11	-0.09	0.66	-0.74	0.68	0.43	-0.35	-0.32	0.46	-0.6	0.4	-0.24	0.2	-0.59	-0.6	-0.15	0.24	0.63	-0.74	0.3		-0.74	-0.69
Other Stockholder Equity	0.37	-0.82	0.81	0.68	0.36	-0.9	0.7	-0.9	-0.87	-0.18	0.46	-0.39	0.83	-0.84	0.26	-0.34	0.81	0.83	0.3	-0.63	-0.88	0.8	0.24	-0.74		0.78
Total Liab	0.46	-0.65	0.9	0.57	0.66	-0.94	0.95	-0.95	-0.74	-0.01	0.6	-0.02	0.86	-0.74	-0.18	-0.4	0.9	0.86	0.55	-0.55	-0.94	0.99	0.25	-0.69	0.78

Click cells to compare fundamentals

Alcoa Corp Account Relationship Matchups

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)

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:

How To Invest In Alcoa

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Is Alcoa Stock a good investment?

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What is Alcoa Corp's Net Worth?

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Alcoa Stock analysis

When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.

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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

0.3

Earnings Share

(3.65)

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.

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Alcoa Invested Capital vs Enterprise Value Analysis

Invested Capital vs Enterprise Value

Invested Capital vs Enterprise Value Correlation Analysis

Correlation Coefficient

Invested Capital

Enterprise Value

Alcoa Corp fundamental ratios Correlations

Alcoa Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alcoa Corp fundamental ratios Accounts

Complementary Tools for Alcoa Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Common Stock Total Equity	+ 0.98	Total Stockholder Equity

Long Term Debt	- 0.97	Total Stockholder Equity
Total Stockholder Equity	- 0.97	Short Long Term Debt Total
Long Term Debt	- 0.96	Net Tangible Assets
Net Tangible Assets	- 0.96	Short Long Term Debt Total
Common Stock Total Equity	- 0.95	Long Term Debt
Total Liab	- 0.95	Net Tangible Assets