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
Is Alcoa (NYSE:AA) Using Debt Sensibly?
Sep 17
Is Alcoa (NYSE:AA) A Risky Investment?
Jun 19Alcoa (NYSE:AA) Takes On Some Risk With Its Use Of Debt
Feb 21Alcoa (NYSE:AA) Seems To Use Debt Quite Sensibly
Oct 10Recent updates
Alcoa Earnings Preview: The Set Up Could Lead To A Selloff
Apr 14Investors Aren't Buying Alcoa Corporation's (NYSE:AA) Revenues
Apr 09Alcoa's Purchase Of Alumina Limited: The Market Is Right On This One
Feb 26What It Takes For Alcoa Stock To Double
Jan 19Alcoa: Hold This Major Aluminum Producer
Dec 26Alcoa Corporation (NYSE:AA) Held Back By Insufficient Growth Even After Shares Climb 29%
Dec 25Alcoa: Highly Cyclical And Getting Ready To Run Again
Dec 04Alcoa Has A Very Bright Future, But Not Without Risks
Oct 23Alcoa (NYSE:AA) Will Pay A Dividend Of $0.10
Oct 22Alcoa Corporation Is Still Not Cheap Enough
Sep 25Is Alcoa (NYSE:AA) Using Debt Sensibly?
Sep 17Alcoa (NYSE:AA) Has Affirmed Its Dividend Of $0.10
Jul 31Why Alcoa Could Double If Demand Improves
Jul 20Is Alcoa (NYSE:AA) A Risky Investment?
Jun 19Alcoa: Exploring The Mystery Of High Tax Rates
Jun 12Alcoa (NYSE:AA) Will Pay A Dividend Of $0.10
May 08Returns On Capital At Alcoa (NYSE:AA) Paint A Concerning Picture
Apr 25Alcoa declares $0.10 dividend
Feb 23Alcoa (NYSE:AA) Takes On Some Risk With Its Use Of Debt
Feb 21Alcoa Stock: A Sleeper Pick That Could Wake Up With A Bang!
Feb 09Alcoa Q4 2022 Earnings Preview: Holders will survive even if results let down, current valuations solid
Jan 17Alcoa: Aluminum Colossus On Alumina Legs
Jan 09Alcoa's Stock Surges After Reporting Worse Than Expected Results
Oct 26Alcoa's (NYSE:AA) Dividend Will Be $0.10
Oct 23Alcoa Non-GAAP EPS of -$0.33 misses by $0.51, revenue of $2.85B misses by $120M
Oct 19Alcoa (NYSE:AA) Seems To Use Debt Quite Sensibly
Oct 10Alcoa: Wait For It To Become Cheaper
Sep 27Alcoa: The Huge Bull Case Beyond Current Gloom And Doom
Sep 19Here's Why We Think Alcoa (NYSE:AA) Might Deserve Your Attention Today
Sep 12Under The Bonnet, Alcoa's (NYSE:AA) Returns Look Impressive
Aug 30Alcoa's Shares Had An Impressive Run, But Now Fairly Valued After Pullback
Aug 18Alcoa: Comparatively Lower Forward-Looking Demand For Aluminum
Aug 08Alcoa declares $0.10 dividend
Jul 28Financial Position Analysis
Short Term Liabilities: AA's short term assets ($4.9B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: AA's short term assets ($4.9B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: AA's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: AA'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: AA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.