Alcoa Financial Health
How is Alcoa's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AA's short term assets ($5.3B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: AA's short term assets ($5.3B) exceed its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: AA's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: AA's debt to equity ratio has increased from 20.7% to 27.5% over the past 5 years.
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: Whilst unprofitable AA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20% per year.