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Alcoa Interest Coverage Trend from 2010 to 2020

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AA -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Alcoa Interest Coverage is increasing over the years with slightly volatile fluctuation. Ongoing Interest Coverage is expected to grow to 13.62 this year. From 2010 to 2020 Alcoa Interest Coverage quarterly data regression line had arithmetic mean of 5.19 and r-squared of  0.69. Alcoa Direct Expenses is expected to significantly decrease based on the last few years of reporting. The last year's Direct Expenses was at 11.59 Billion. The current year Gross Profit is expected to grow to about 3.3 B, whereas Consolidated Income is expected to decline to (920.3 M). Check Alcoa fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 11.7 B, Cost of Revenue of 8.5 B or Gross Profit of 3.3 B, as well as many exotic indicators such as Interest Coverage of 13.62, Long Term Debt to Equity of 0.2378 or Calculated Tax Rate of 55.24. This can be a perfect complement to check Alcoa Valuation or Volatility. It can also complement various Alcoa Technical models. Please continue to the analysis of Alcoa Correlation with competitors.
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Alcoa Interest Coverage Marginal Breakdown

Showing smoothed Interest Coverage of Alcoa Corporation with missing and latest data points interpolated.
Interest Coverage10 Years Trend
Increasing
Slightly volatile
 Interest Coverage 
    
  Timeline 

Alcoa Interest Coverage Regression Statistics

Arithmetic Mean 5.19
Geometric Mean 1.88
Coefficient Of Variation 121.38
Mean Deviation 5.76
Median 0.80
Standard Deviation 6.30
Sample Variance 39.63
Range 13.69
R-Value 0.83
Mean Square Error 13.69
R-Squared 0.69
Significance 0.001565
Slope 1.58
Total Sum of Squares 396.32

Alcoa Interest Coverage Over Time

2018  14.02 
2019  12.62 
2020  13.62 

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Alcoa Fundamental Drivers

Alcoa Corporation Fundamental Market Drivers

Forward Price Earnings36.59
Short Percent Of Float8.64%
Average Daily Volume Last 10 Day5.37M
Shares Short Prior Month7.8M
Average Daily Volume In Three Month5.22M
Date Short InterestJanuary 31, 2020
Fifty Day Average16.82
Two Hundred Day Average19.47

Alcoa Upcoming Events

Alcoa Upcoming Company Events

Upcoming Quarterly Earning ReportApril 15, 2020
Next Earnings ReportJuly 15, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndJanuary 20, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
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