Alcoa Historical Balance Sheet

AA -  USA Stock  

USD 49.41  0.58  1.19%

Trend analysis of Alcoa Corp balance sheet accounts such as Receivables of 612.2 M or Accounts Payable of 1.7 B provides information on Alcoa Corp's total assets, liabilities, and equity, which is the actual value of Alcoa Corp to its prevalent stockholders. By breaking down trends over time using Alcoa Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Alcoa Corp prevalent 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.
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About Alcoa Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Alcoa Corp at a specified time, usually calculated after every quarter, six months, or one year. Alcoa Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alcoa Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alcoa currently owns. An asset can also be divided into two categories, current and non-current.

Alcoa Corp Balance Sheet Chart

Alcoa Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Alcoa Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
Alcoa Corp Receivables is projected to decrease significantly based on the last few years of reporting. The past year's Receivables was at 556 Million. The current year Accounts Payable is expected to grow to about 1.7 B, whereas Inventories is forecasted to decline to about 1.3 B.

Total Assets

Total assets refers to the total amount of Alcoa Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alcoa Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Alcoa Corp include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Alcoa Corp. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Alcoa Corp balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Alcoa Corp books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Alcoa Corp balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Alcoa Corp Receivables is projected to decrease significantly based on the last few years of reporting. The past year's Receivables was at 556 Million. The current year Accounts Payable is expected to grow to about 1.7 B, whereas Inventories is forecasted to decline to about 1.3 B.
 2018 2020 2021 (projected)
Receivables1 B556 M612.15 M
Inventories1.64 B1.4 B1.34 B

Alcoa Corp balance sheet Correlations

0.330.490.140.160.04-0.140.03-0.10.030.060.230.890.170.17-0.040.1-0.060.540.130.290.250.18
0.330.580.220.310.050.170.130.00.13-0.180.420.340.10.10.370.680.320.630.050.980.030.48
0.490.580.66-0.010.51-0.28-0.360.46-0.360.360.30.440.590.59-0.110.59-0.190.920.550.60.650.44
0.140.220.66-0.680.97-0.81-0.860.95-0.860.870.62-0.090.980.98-0.7-0.04-0.740.780.970.130.90.57
0.160.31-0.01-0.68-0.830.930.91-0.820.91-0.86-0.670.42-0.76-0.760.890.680.88-0.19-0.810.41-0.59-0.37
0.040.050.510.97-0.83-0.91-0.940.98-0.950.940.66-0.20.980.98-0.82-0.23-0.850.640.99-0.040.880.54
-0.140.17-0.28-0.810.93-0.910.93-0.850.93-0.95-0.670.09-0.9-0.90.930.540.94-0.42-0.920.26-0.76-0.46
0.030.13-0.36-0.860.91-0.940.93-0.91.0-0.96-0.670.24-0.93-0.930.920.430.93-0.49-0.930.21-0.73-0.6
-0.10.00.460.95-0.820.98-0.85-0.9-0.90.890.57-0.350.930.93-0.75-0.2-0.780.580.97-0.090.890.41
0.030.13-0.36-0.860.91-0.950.931.0-0.9-0.96-0.670.25-0.93-0.930.920.430.93-0.49-0.930.21-0.74-0.59
0.06-0.180.360.87-0.860.94-0.95-0.960.89-0.960.55-0.120.950.95-0.95-0.44-0.970.470.94-0.260.790.55
0.230.420.30.62-0.670.66-0.67-0.670.57-0.670.55-0.030.630.63-0.52-0.27-0.530.560.640.280.390.71
0.890.340.44-0.090.42-0.20.090.24-0.350.25-0.12-0.03-0.04-0.040.140.290.120.34-0.110.390.010.15
0.170.10.590.98-0.760.98-0.9-0.930.93-0.930.950.63-0.041.0-0.82-0.19-0.860.70.990.010.880.61
0.170.10.590.98-0.760.98-0.9-0.930.93-0.930.950.63-0.041.0-0.82-0.19-0.860.70.990.010.880.61
-0.040.37-0.11-0.70.89-0.820.930.92-0.750.92-0.95-0.520.14-0.82-0.820.671.0-0.25-0.810.46-0.62-0.5
0.10.680.59-0.040.68-0.230.540.43-0.20.43-0.44-0.270.29-0.19-0.190.670.610.39-0.220.79-0.03-0.01
-0.060.32-0.19-0.740.88-0.850.940.93-0.780.93-0.97-0.530.12-0.86-0.861.00.61-0.31-0.850.41-0.65-0.53
0.540.630.920.78-0.190.64-0.42-0.490.58-0.490.470.560.340.70.7-0.250.39-0.310.670.560.710.56
0.130.050.550.97-0.810.99-0.92-0.930.97-0.930.940.64-0.110.990.99-0.81-0.22-0.850.67-0.030.910.51
0.290.980.60.130.41-0.040.260.21-0.090.21-0.260.280.390.010.010.460.790.410.56-0.03-0.030.41
0.250.030.650.9-0.590.88-0.76-0.730.89-0.740.790.390.010.880.88-0.62-0.03-0.650.710.91-0.030.21
0.180.480.440.57-0.370.54-0.46-0.60.41-0.590.550.710.150.610.61-0.5-0.01-0.530.560.510.410.21
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Alcoa Corp Account Relationship Matchups

Alcoa Corp balance sheet Accounts

201620172018201920202021 (projected)
Inventories1.17 B1.16 B1.45 B1.64 B1.4 B1.34 B
Receivables834 M1.04 B1 B660 M556 M612.15 M
Accounts Payable1.46 B1.9 B1.66 B1.48 B1.4 B1.65 B
Accumulated Other Comprehensive Income(3.77 B)(5.18 B)(4.57 B)(4.97 B)(5.63 B)(6.07 B)
Total Assets16.74 B17.45 B16.13 B14.63 B14.86 B14.73 B
Current Assets3.18 B4.24 B4.33 B3.53 B4.52 B4.47 B
Assets Non Current13.56 B13.21 B11.8 B11.1 B10.34 B10.83 B
Cash and Equivalents853 M1.36 B1.11 B879 M1.61 B1.39 B
Cash and Equivalents USD853 M1.36 B1.11 B879 M1.61 B1.39 B
Total Debt1.45 B1.4 B1.8 B1.8 B2.46 B2.08 B
Debt Current18 M21 M16 M1,000 K2 M2.05 M
Debt Non Current1.42 B1.39 B1.8 B1.8 B2.46 B2.07 B
Total Debt USD1.45 B1.4 B1.8 B1.8 B2.46 B2.08 B
Shareholders Equity5.65 B4.52 B5.62 B4.11 B3.31 B4.34 B
Shareholders Equity USD5.65 B4.52 B5.62 B4.11 B3.31 B4.34 B
Inventory1.16 B1.45 B1.82 B1.64 B1.4 B1.58 B
Investments1.36 B1.41 B1.36 B1.11 B1.05 B1.13 B
Investments Non Current1.36 B1.41 B1.36 B1.11 B1.05 B1.13 B
Total Liabilities9.04 B10.65 B8.54 B8.74 B9.84 B9.92 B
Current Liabilities2.82 B3.25 B2.92 B2.56 B2.76 B3.06 B
Liabilities Non Current6.22 B7.4 B5.62 B6.18 B7.08 B6.86 B
Trade and Non Trade Payables1.46 B1.9 B1.66 B1.48 B1.4 B1.4 B
Property Plant and Equipment Net9.32 B9.14 B8.33 B7.92 B7.19 B7.55 B
Trade and Non Trade Receivables834 M1.04 B1 B660 M556 M731.97 M
Tax Assets741 M814 M560 M642 M655 M649.46 M
Tax Liabilities457 M591 M727 M380 M300 M378.29 M

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 markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AA

Alcoa Corp Investor Sentiment

Nearly all of Macroaxis users are presently bullish on Alcoa Corp. What is your sentiment towards investing in Alcoa Corp? Are you bullish or bearish?
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98% Bullish
2% Bearish
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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.

Alcoa Corp Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Alcoa Corp and First Majestic Silver. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to Trending Equities. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Alcoa Stock analysis

When running Alcoa Corp 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 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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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 underlying business (such as 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 Alcoa Corp value 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.