Alcoa Enterprise Value vs Free Cash Flow Analysis

AA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Alcoa financial indicator trend analysis is way more than just evaluating Alcoa prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa is a good investment. Please check the relationship between Alcoa Enterprise Value and its Free Cash Flow accounts. Check also Trending Equities.

Enterprise Value vs Free Cash Flow

Accounts Relationship

Enterprise Value vs Free Cash Flow

Significance: Very Week Relationship

Enterprise Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Enterprise Value account and Free Cash Flow

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Alcoa theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alcoa debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alcoa value than its market capitalization because it takes into account all of Alcoa Corporation existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].
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