Alcoa Fixed Asset Turnover from 2010 to 2024
AA Stock | USD 35.53 0.06 0.17% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 1.5550479 | Current Value 1.18 | Quarterly Volatility 0.2693132 |
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.4 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many exotic indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0125 or PTB Ratio of 1.02. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
Alcoa | Fixed Asset Turnover |
Latest Alcoa Corp's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of Alcoa Corp over the last few years. It is Alcoa Corp's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
Timeline |
Alcoa Fixed Asset Turnover Regression Statistics
Arithmetic Mean | 1.36 | |
Geometric Mean | 1.34 | |
Coefficient Of Variation | 19.80 | |
Mean Deviation | 0.21 | |
Median | 1.29 | |
Standard Deviation | 0.27 | |
Sample Variance | 0.07 | |
Range | 0.8047 | |
R-Value | 0.62 | |
Mean Square Error | 0.05 | |
R-Squared | 0.38 | |
Significance | 0.01 | |
Slope | 0.04 | |
Total Sum of Squares | 1.02 |
Alcoa Fixed Asset Turnover History
About Alcoa Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alcoa Corp income statement, its balance sheet, and the statement of cash flows. Alcoa Corp investors use historical funamental indicators, such as Alcoa Corp's Fixed Asset Turnover, 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. We offer a historical overview of the basic patterns found on Alcoa Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Fixed Asset Turnover | 1.56 | 1.18 |
Check out the analysis of Alcoa Corp Correlation against competitors. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.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 the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Alcoa Stock analysis
When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
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 0.81 | Dividend Share 0.4 | Earnings Share (3.76) | Revenue Per Share 58.771 | Quarterly Revenue Growth (0.03) |
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.