Alcoa Total Revenue vs Net Income Analysis

AA Stock

USD 37.68 0.67 1.75%

Alcoa Corp financial indicator trend analysis is way more than just evaluating Alcoa Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa Corp is a good investment. Please check the relationship between Alcoa Corp Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcoa Corp Total Revenue account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Alcoa Corp's Total Revenue and Net Income is -0.24. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Alcoa Corp, assuming nothing else is changed. The correlation between historical values of Alcoa Corp's Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Alcoa Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Alcoa Corp's Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Revenue

Total revenue comprises all receipts Alcoa Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Alcoa Corp financial statement analysis. It represents the amount of money remaining after all of Alcoa Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Alcoa Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alcoa Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.At present, Alcoa Corp's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 47.58, whereas Tax Provision is forecasted to decline to about 179.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	195M	106M	107M	147.5M
Depreciation And Amortization	664M	617M	632M	599.3M

Interest Expense Depreciation And Amortization

Alcoa Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		-0.53	0.36	0.31	0.48	-0.42	0.42	-0.42	-0.44	-0.28	0.09	0.13	0.47	-0.44	0.36	-0.42	0.37	0.47	0.33	-0.79	-0.42	0.43	0.07	-0.02	0.37	0.46
Total Assets	-0.53		-0.81	-0.71	-0.39	0.85	-0.48	0.83	0.96	0.82	-0.63	0.25	-0.74	0.96	-0.69	0.54	-0.81	-0.74	-0.18	0.9	0.81	-0.65	-0.53	-0.23	-0.82	-0.65
Short Long Term Debt Total	0.36	-0.81		0.79	0.51	-0.96	0.73	-0.96	-0.89	-0.63	0.8	-0.21	0.89	-0.9	0.88	-0.67	1.0	0.89	0.35	-0.63	-0.94	0.89	0.45	0.38	0.8	0.89
Other Current Liab	0.31	-0.71	0.79		0.52	-0.82	0.75	-0.83	-0.75	-0.44	0.57	-0.24	0.74	-0.73	0.81	-0.5	0.77	0.74	0.22	-0.61	-0.8	0.8	0.23	0.34	0.73	0.8
Total Current Liabilities	0.48	-0.39	0.51	0.52		-0.54	0.59	-0.54	-0.52	-0.04	0.15	0.62	0.65	-0.51	0.7	-0.36	0.5	0.65	0.84	-0.5	-0.6	0.57	0.54	-0.03	0.36	0.66
Total Stockholder Equity	-0.42	0.85	-0.96	-0.82	-0.54		-0.83	1.0	0.91	0.56	-0.72	0.19	-0.89	0.9	-0.93	0.55	-0.97	-0.89	-0.41	0.67	0.98	-0.94	-0.4	-0.18	-0.9	-0.94
Other Liab	0.42	-0.48	0.73	0.75	0.59	-0.83		-0.84	-0.55	-0.11	0.5	-0.01	0.71	-0.54	0.88	-0.28	0.75	0.71	0.52	-0.42	-0.83	0.96	0.02	0.01	0.7	0.96
Net Tangible Assets	-0.42	0.83	-0.96	-0.83	-0.54	1.0	-0.84		0.89	0.54	-0.71	0.2	-0.89	0.89	-0.94	0.54	-0.96	-0.89	-0.41	0.66	0.98	-0.95	-0.37	-0.17	-0.9	-0.95
Property Plant And Equipment Net	-0.44	0.96	-0.89	-0.75	-0.52	0.91	-0.55	0.89		0.72	-0.6	0.18	-0.88	1.0	-0.79	0.61	-0.88	-0.88	-0.31	0.81	0.88	-0.73	-0.62	-0.25	-0.87	-0.74
Current Deferred Revenue	-0.28	0.82	-0.63	-0.44	-0.04	0.56	-0.11	0.54	0.72		-0.71	0.3	-0.41	0.76	-0.3	0.56	-0.61	-0.41	0.21	0.7	0.48	-0.33	-0.54	-0.51	-0.44	-0.31
Net Debt	0.09	-0.63	0.8	0.57	0.15	-0.72	0.5	-0.71	-0.6	-0.71		-0.28	0.44	-0.65	0.62	-0.39	0.8	0.44	0.1	-0.4	-0.7	0.66	0.34	0.41	0.49	0.63
Accounts Payable	0.13	0.25	-0.21	-0.24	0.62	0.19	-0.01	0.2	0.18	0.3	-0.28		-0.11	0.15	0.0	0.2	-0.21	-0.11	0.64	0.02	0.12	-0.11	0.43	-0.23	-0.39	-0.02
Cash	0.47	-0.74	0.89	0.74	0.65	-0.89	0.71	-0.89	-0.88	-0.41	0.44	-0.11		-0.86	0.85	-0.71	0.88	1.0	0.44	-0.64	-0.88	0.84	0.42	0.25	0.83	0.85
Non Current Assets Total	-0.44	0.96	-0.9	-0.73	-0.51	0.9	-0.54	0.89	1.0	0.76	-0.65	0.15	-0.86		-0.79	0.62	-0.89	-0.86	-0.31	0.82	0.88	-0.73	-0.64	-0.27	-0.84	-0.73
Non Currrent Assets Other	0.36	-0.69	0.88	0.81	0.7	-0.93	0.88	-0.94	-0.79	-0.3	0.62	0.0	0.85	-0.79		-0.38	0.89	0.85	0.65	-0.55	-0.97	0.93	0.39	0.0	0.82	0.95
Other Assets	-0.42	0.54	-0.67	-0.5	-0.36	0.55	-0.28	0.54	0.61	0.56	-0.39	0.2	-0.71	0.62	-0.38		-0.64	-0.71	0.03	0.51	0.47	-0.46	-0.31	-0.58	-0.36	-0.47
Long Term Debt	0.37	-0.81	1.0	0.77	0.5	-0.97	0.75	-0.96	-0.88	-0.61	0.8	-0.21	0.88	-0.89	0.89	-0.64		0.88	0.36	-0.62	-0.95	0.91	0.43	0.34	0.81	0.9
Cash And Short Term Investments	0.47	-0.74	0.89	0.74	0.65	-0.89	0.71	-0.89	-0.88	-0.41	0.44	-0.11	1.0	-0.86	0.85	-0.71	0.88		0.44	-0.64	-0.88	0.84	0.42	0.25	0.83	0.85
Net Receivables	0.33	-0.18	0.35	0.22	0.84	-0.41	0.52	-0.41	-0.31	0.21	0.1	0.64	0.44	-0.31	0.65	0.03	0.36	0.44		-0.24	-0.53	0.48	0.44	-0.39	0.3	0.55
Good Will	-0.79	0.9	-0.63	-0.61	-0.5	0.67	-0.42	0.66	0.81	0.7	-0.4	0.02	-0.64	0.82	-0.55	0.51	-0.62	-0.64	-0.24		0.64	-0.53	-0.45	-0.24	-0.63	-0.55
Common Stock Total Equity	-0.42	0.81	-0.94	-0.8	-0.6	0.98	-0.83	0.98	0.88	0.48	-0.7	0.12	-0.88	0.88	-0.97	0.47	-0.95	-0.88	-0.53	0.64		-0.94	-0.42	-0.08	-0.88	-0.94
Non Current Liabilities Total	0.43	-0.65	0.89	0.8	0.57	-0.94	0.96	-0.95	-0.73	-0.33	0.66	-0.11	0.84	-0.73	0.93	-0.46	0.91	0.84	0.48	-0.53	-0.94		0.2	0.15	0.79	0.99
Inventory	0.07	-0.53	0.45	0.23	0.54	-0.4	0.02	-0.37	-0.62	-0.54	0.34	0.43	0.42	-0.64	0.39	-0.31	0.43	0.42	0.44	-0.45	-0.42	0.2		0.14	0.24	0.25
Other Current Assets	-0.02	-0.23	0.38	0.34	-0.03	-0.18	0.01	-0.17	-0.25	-0.51	0.41	-0.23	0.25	-0.27	0.0	-0.58	0.34	0.25	-0.39	-0.24	-0.08	0.15	0.14		0.0	0.13
Other Stockholder Equity	0.37	-0.82	0.8	0.73	0.36	-0.9	0.7	-0.9	-0.87	-0.44	0.49	-0.39	0.83	-0.84	0.82	-0.36	0.81	0.83	0.3	-0.63	-0.88	0.79	0.24	0.0		0.78
Total Liab	0.46	-0.65	0.89	0.8	0.66	-0.94	0.96	-0.95	-0.74	-0.31	0.63	-0.02	0.85	-0.73	0.95	-0.47	0.9	0.85	0.55	-0.55	-0.94	0.99	0.25	0.13	0.78

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Alcoa Corp Account Relationship Matchups

Alcoa Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	185M	186M	190M	181M	178M	202.5M
Total Assets	14.6B	14.9B	15.0B	14.8B	14.2B	12.7B
Short Long Term Debt Total	1.8B	1.8B	2.6B	1.9B	1.9B	1.7B
Other Current Liab	974M	1.2B	1.1B	1.0B	1.1B	1.1B
Total Current Liabilities	2.6B	2.8B	3.2B	3.0B	3.0B	3.2B
Total Stockholder Equity	4.1B	3.3B	4.7B	5.1B	4.3B	4.6B
Other Liab	4.3B	4.6B	3.8B	3.3B	3.8B	4.3B
Net Tangible Assets	3.9B	3.3B	4.6B	5.1B	4.6B	4.6B
Property Plant And Equipment Net	7.9B	7.2B	6.6B	6.5B	6.8B	6.6B
Current Deferred Revenue	104M	91M	374M	230M	88M	83.6M
Net Debt	921M	1.0B	52M	503M	971M	498.9M
Accounts Payable	1.5B	1.4B	1.7B	1.8B	1.7B	1.8B
Cash	879M	1.6B	1.8B	1.4B	944M	1.2B
Non Current Assets Total	11.1B	10.3B	10B	9.5B	9.8B	9.5B
Non Currrent Assets Other	1.2B	1.3B	1.5B	1.4B	1.5B	1.3B
Other Assets	1.7B	10.3M	(1M)	1.9B	1.7B	1.3B
Long Term Debt	1.8B	2.5B	1.7B	1.8B	1.7B	1.6B
Cash And Short Term Investments	879M	1.6B	1.8B	1.4B	944M	1.2B
Net Receivables	660M	556M	884M	909M	808M	870.4M
Good Will	151M	150M	145M	144M	146M	120.2M
Liabilities And Stockholders Equity	14.6B	14.9B	15.0B	14.8B	14.2B	12.7B
Non Current Liabilities Total	6.2B	7.1B	5.5B	5.2B	5.3B	5.9B
Other Current Assets	288M	959M	372M	551M	495M	477.6M
Other Stockholder Equity	9.6B	9.7B	9.6B	9.2B	9.2B	9.2B
Total Liab	8.8B	9.8B	8.7B	8.2B	8.3B	9.1B
Long Term Investments	1.1B	1.1B	1.2B	1.1B	979M	1.0B
Property Plant And Equipment Gross	7.9B	7.2B	19.8B	19.6B	20.4B	13.5B
Total Current Assets	3.5B	4.5B	5.0B	5.3B	4.4B	4.4B
Accumulated Other Comprehensive Income	(5.0B)	(5.6B)	(4.6B)	(3.5B)	(3.6B)	(3.8B)
Intangible Assets	52M	45M	36M	29M	37M	46.1M
Property Plant Equipment	8.0B	7.2B	6.6B	6.5B	5.8B	6.8B
Long Term Debt Total	1.8B	2.5B	1.7B	1.8B	2.1B	1.7B
Noncontrolling Interest In Consolidated Entity	1.8B	1.7B	1.6B	1.5B	1.4B	1.5B
Retained Earnings	(555M)	(725M)	(315M)	(570M)	(1.3B)	(1.2B)
Retained Earnings Total Equity	(555M)	(725M)	(315M)	(570M)	(513M)	(487.4M)

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Is Metals & Mining space 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

0.4

Earnings Share

(1.56)

Revenue Per Share

57.238

Quarterly Revenue Growth

0.116

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.

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Alcoa Total Revenue vs Net Income Analysis

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Total Revenue

Net Income

Alcoa Corp fundamental ratios Correlations

Alcoa Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alcoa Corp fundamental ratios Accounts

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COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Common Stock Total Equity	+ 0.98	Total Stockholder Equity

Common Stock Total Equity	- 0.97	Non Currrent Assets Other
Long Term Debt	- 0.97	Total Stockholder Equity
Long Term Debt	- 0.96	Net Tangible Assets
Net Tangible Assets	- 0.96	Short Long Term Debt Total
Total Stockholder Equity	- 0.96	Short Long Term Debt Total
Common Stock Total Equity	- 0.95	Long Term Debt