Alcoa Stock Financials

AA
 Stock
  

USD 49.52  1.67  3.49%   

Alcoa Corp Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 35,164. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 2.1 B, whereas Revenue Per Employee is forecasted to decline to about 860.4 K.
  
With this module, you can analyze Alcoa financials for your investing period. You should be able to track the changes in Alcoa Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Alcoa Most Recent Estimates

Quarterly Earnings Growth YOY
0.81
EPS Estimate Next Quarter
1.37
Diluted Eps
5.14
EPS Estimate Current Year
7.17
EPS Estimate Next Year
7.17
EPS Estimate Current Quarter
2.45
Earnings Share
5.14

Revenues

11.22 Billion

Understanding current and past Alcoa Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alcoa Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Alcoa Corp's assets may result in an increase in income on the income statement.
The fundamental analysis of Alcoa Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Alcoa Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Alcoa Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Alcoa Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Alcoa Corp.

Alcoa Corp Cash

Chance Of Financial Distress
Less than 37
Alcoa Corp has less than 37 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Alcoa Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Alcoa Corp's official financial statements usually reflect Alcoa Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alcoa Corp. For example, before you start analyzing numbers published by Alcoa accountants, it's critical to develop an understanding of what Alcoa Corp's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Alcoa Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alcoa Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alcoa Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alcoa Corp. Please utilize our Beneish M Score to check the likelihood of Alcoa Corp's management to manipulate its earnings.

Alcoa Corp Company Summary

Alcoa Corp competes with Mechel PAO, Starbucks Corp, Dupont Denemours, Verizon Communications, and Boeing. Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Alcoa Corp operates under Aluminum classification in the United States and is traded on New York Stock Exchange. It employs 12200 people.
Specialization
Basic Materials, Aluminum
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001675149
ISINUS0138721065
CUSIP013872106
RegionNorth America
LocationPennsylvania; U.S.A
Business Address201 Isabella Street,
SectorBasic Materials
IndustryAluminum
BenchmarkDOW
Websitewww.alcoa.com
Phone412 315 2900
Related EntityHWM
CurrencyUSD - US Dollar
You should never invest in Alcoa Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alcoa Stock, because this is throwing your money away. Analyzing the key information contained in Alcoa Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Alcoa Corp Key Financial Ratios

Generally speaking, Alcoa Corp's financial ratios allow both analysts and investors to convert raw data from Alcoa Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Alcoa Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alcoa Corp reports annually and quarterly.

Alcoa Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories1.16 B1.45 B1.64 B1.4 B1.96 B1.66 B
Receivables1.04 B1 B660 M556 M884 M791.37 M
Accounts Payable1.9 B1.66 B1.48 B1.4 B1.67 B1.8 B
Total Assets17.45 B16.13 B14.63 B14.86 B15.03 B14.75 B
Current Assets4.24 B4.33 B3.53 B4.52 B5.03 B4.84 B
Assets Non Current13.21 B11.8 B11.1 B10.34 B10 B10.51 B
Cash and Equivalents1.36 B1.11 B879 M1.61 B1.81 B1.57 B
Total Debt1.4 B1.8 B1.8 B2.46 B1.73 B1.72 B
Debt Current18 M21 M16 M1,000 K2 M1.03 M
Debt Non Current1.39 B1.8 B1.8 B2.46 B1.73 B1.71 B
Shareholders Equity4.52 B5.62 B4.11 B3.31 B4.67 B4.98 B
Inventory1.45 B1.82 B1.64 B1.4 B1.96 B1.91 B
Investments1.41 B1.36 B1.11 B1.05 B1.2 B1.2 B
Total Liabilities10.65 B8.54 B8.74 B9.84 B8.74 B9.38 B
Current Liabilities3.25 B2.92 B2.56 B2.76 B3.22 B3.34 B
Tax Assets814 M560 M642 M655 M506 M559.58 M
Tax Liabilities457 M591 M727 M380 M300 M519.95 M

Alcoa Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Alcoa Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses9.07 B10.08 B8.54 B7.97 B9.15 B10.18 B
Consolidated Income608 M893 M(853 M)(14 M)570 M615 M
Cost of Revenue8.95 B10.05 B8.54 B7.97 B9.15 B8.71 B
Gross Profit2.7 B3.35 B1.9 B1.32 B3 B2.86 B
Interest Expense104 M122 M121 M146 M195 M187.54 M
Net Income279 M250 M(1.12 B)(170 M)429 M462.87 M
Operating Expenses1.37 B1.6 B2.21 B998 M1.6 B1.67 B
Operating Income1.33 B1.75 B(317 M)319 M1.39 B1.5 B
Revenues11.65 B13.4 B10.43 B9.29 B12.15 B11.22 B
Income Tax Expense592 M732 M415 M187 M629 M559.29 M

Alcoa Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Alcoa Corp. It measures of how well Alcoa is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Alcoa Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Alcoa had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Alcoa Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(405 M)(399 M)(379 M)(353 M)(390 M)(420.79 M)
Depreciation Amortization and Accretion752 M733 M713 M653 M664 M676.63 M
Net Cash Flow or Change in Cash and Cash Equivalents506 M(249 M)(233 M)727 M314 M279.51 M
Net Cash Flow Business Acquisitions and Disposals245 M1,000 K23 M198 M966 M1.04 B
Issuance Purchase of Equity Shares43 M(27 M)2 M1,000 K(125 M)(128.29 M)
Issuance Repayment of Debt Securities(32 M)425 M(7 M)738 M(799 M)(820.03 M)
Net Cash Flow from Financing749 M(506 M)(288 M)514 M(1.16 B)(1.19 B)
Net Cash Flow from Investing(226 M)(405 M)(468 M)(167 M)565 M609.61 M
Net Cash Flow Investment Acquisitions and Disposals(66 M)(7 M)(112 M)(12 M)(11 M)(11.87 M)
Net Cash Flow from Operations1.22 B448 M686 M394 M920 M839.94 M
Effect of Exchange Rate Changes on Cash(38 M)13 M14 M(4 M)(13 M)(14.03 M)
Share Based Compensation35 M28 M24 M30 M25 M34 M

Alcoa Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alcoa Corp's current stock value. Our valuation model uses many indicators to compare Alcoa Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alcoa Corp competition to find correlations between indicators driving Alcoa Corp's intrinsic value. More Info.
Alcoa Corp is number one stock in short ratio category among related companies. It is number one stock in cash and equivalents category among related companies creating about  1,115,646,258  of Cash and Equivalents per Short Ratio. Alcoa Corp Cash and Equivalents is projected to increase significantly based on the last few years of reporting. The past year's Cash and Equivalents was at 1.81 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alcoa Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alcoa Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alcoa Corp's earnings, one of the primary drivers of an investment's value.

Alcoa Corp Systematic Risk

Alcoa Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alcoa Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Alcoa Corp correlated with the market. If Beta is less than 0 Alcoa Corp generally moves in the opposite direction as compared to the market. If Alcoa Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alcoa Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alcoa Corp is generally in the same direction as the market. If Beta > 1 Alcoa Corp moves generally in the same direction as, but more than the movement of the benchmark.
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About Alcoa Corp Financials

What exactly are Alcoa Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Alcoa Corp's income statement, its balance sheet, and the statement of cash flows. Potential Alcoa Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may use each financial statement separately, they are all related. The changes in Alcoa Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alcoa Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Alcoa Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Alcoa grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Alcoa Corp Thematic Clasifications

Alcoa Corp is part of several thematic ideas from Aluminum to Steel Works Etc. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Aluminum Idea
AluminumView
Steel Works Etc Idea
Steel Works EtcView

Alcoa Corp August 8, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Alcoa Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alcoa Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alcoa Corp based on widely used predictive technical indicators. In general, we focus on analyzing Alcoa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alcoa Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.08)
Maximum Drawdown17.65
Value At Risk(6.01)
Potential Upside5.51
Please continue to Trending Equities. Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Alcoa Corp's industry 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 YOY
0.81
Market Capitalization
8.9 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
0.12
Return On Equity
0.19
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 Alcoa Corp value 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.