Alcoa Free Cash Flow vs Invested Capital Average 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 Free Cash Flow and its Invested Capital Average accounts. Check also Trending Equities.

Free Cash Flow vs Invested Capital Average

Accounts Relationship

Free Cash Flow vs Invested Capital Average

Significance: Weak Contrarian Relationship

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

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

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

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.
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