Alcoa Balance Sheet Health
Financial Health criteria checks 3/6
Alcoa has a total shareholder equity of $5.5B and total debt of $2.5B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are $14.3B and $8.8B respectively.
Key information
46.0%
Debt to equity ratio
US$2.55b
Debt
Interest coverage ratio | n/a |
Cash | US$1.36b |
Equity | US$5.53b |
Total liabilities | US$8.79b |
Total assets | US$14.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALCA's short term assets ($4.9B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: ALCA's short term assets ($4.9B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: ALCA's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: ALCA's debt to equity ratio has increased from 25.5% to 46% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ALCA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALCA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.