Alcoa Current Ratio from 2010 to 2024

AA Stock  USD 35.47  0.08  0.23%   
Alcoa Corp's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.10. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.45379538
Current Value
1.1
Quarterly Volatility
0.24110283
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.4 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many exotic indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0125 or PTB Ratio of 1.02. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
  
This module can also supplement Alcoa Corp's financial leverage analysis and stock options assessment as well as various Alcoa Corp Technical models . Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Latest Alcoa Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Alcoa Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Alcoa Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.81 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Alcoa Current Ratio Regression Statistics

Arithmetic Mean1.27
Geometric Mean1.25
Coefficient Of Variation18.92
Mean Deviation0.21
Median1.12
Standard Deviation0.24
Sample Variance0.06
Range0.6811
R-Value0.70
Mean Square Error0.03
R-Squared0.49
Significance0
Slope0.04
Total Sum of Squares0.81

Alcoa Current Ratio History

2024 1.1
2023 1.45
2022 1.75
2021 1.56
2020 1.64
2019 1.38
2018 1.42

About Alcoa Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alcoa Corp income statement, its balance sheet, and the statement of cash flows. Alcoa Corp investors use historical funamental indicators, such as Alcoa Corp's Current Ratio, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may use each financial statement separately, they are all related. The changes in Alcoa Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alcoa Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alcoa Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.45  1.10 
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 the analysis of Alcoa Corp Correlation against competitors.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.