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

Invested Capital Average vs Invested Capital

Accounts Relationship

Invested Capital Average vs Invested Capital

Significance: Fragmental Relationship

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

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Alcoa Corporation. There are two different methods for calculating Alcoa invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. 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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