Alcoa Balance Sheet Health
Financial Health criteria checks 4/6
Alcoa has a total shareholder equity of $5.9B and total debt of $2.7B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are $14.6B and $8.7B respectively. Alcoa's EBIT is $1.7B making its interest coverage ratio 13. It has cash and short-term investments of $1.2B.
Key information
45.5%
Debt to equity ratio
US$2.69b
Debt
| Interest coverage ratio | 13x |
| Cash | US$1.20b |
| Equity | US$5.92b |
| Total liabilities | US$8.66b |
| Total assets | US$14.57b |
Recent financial health updates
These 4 Measures Indicate That Alcoa (NYSE:AA) Is Using Debt Extensively
Feb 21
These 4 Measures Indicate That Alcoa (NYSE:AA) Is Using Debt Extensively
Nov 11Is Alcoa (NYSE:AA) A Risky Investment?
May 23Recent updates
Alcoa: Aluminum Tariffs Are Only Part Of The Story
May 10
Australia Refinancing And San Ciprián Restart Will Support Stable Operations
Apr 24 Strategic refinancing and joint ventures are expected to enhance cash flow, reduce interest expenses, and stabilize revenue.Alcoa's Q1 2025 Review: Tariff Hurts, But Game Isn't Over
Apr 18Alcoa Corporation (NYSE:AA) Not Doing Enough For Some Investors As Its Shares Slump 26%
Apr 11Alcoa And The Aluminum Market: A Point Of Tension And Growth
Mar 30Alcoa's (NYSE:AA) Earnings Are Weaker Than They Seem
Feb 27These 4 Measures Indicate That Alcoa (NYSE:AA) Is Using Debt Extensively
Feb 21The 'Trump Factor' In Action: Why I'm Bullish On Alcoa
Feb 11Alcoa: The Tides Have Shifted To A Bullish Market
Jan 30Alcoa Corporation (NYSE:AA) Might Not Be As Mispriced As It Looks
Jan 16Alcoa: Learn How To Trade A Sentiment-Based Stock (Technical Analysis)
Jan 06Alcoa Corporation: Bearish Market, And Tariff Uncertainty Blur Positive Signals, Hold
Dec 31These 4 Measures Indicate That Alcoa (NYSE:AA) Is Using Debt Extensively
Nov 11Alcoa (NYSE:AA) Has Affirmed Its Dividend Of $0.10
Oct 20Alcoa Corporation's (NYSE:AA) Shares Climb 27% But Its Business Is Yet to Catch Up
Oct 16Alcoa's Financial Position Is Improving: Upgraded To A Buy Rating
Sep 22Little Excitement Around Alcoa Corporation's (NYSE:AA) Revenues As Shares Take 30% Pounding
Aug 03Alcoa Corporation: Great News Justifies Additional Upside
Jul 11What Alcoa Corporation's (NYSE:AA) 30% Share Price Gain Is Not Telling You
May 31Alcoa: Time For A Brief Commercial Break - Then What? (Technical Analysis)
May 28Is Alcoa (NYSE:AA) A Risky Investment?
May 23Alcoa Earnings Preview: The Set Up Could Lead To A Selloff
Apr 14Alcoa'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: Highly Cyclical And Getting Ready To Run Again
Dec 04Alcoa Has A Very Bright Future, But Not Without Risks
Oct 23Financial Position Analysis
Short Term Liabilities: AA's short term assets ($5.2B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: AA's short term assets ($5.2B) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: AA's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: AA's debt to equity ratio has increased from 31% to 45.5% over the past 5 years.
Debt Coverage: AA's debt is well covered by operating cash flow (34.2%).
Interest Coverage: AA's interest payments on its debt are well covered by EBIT (13x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 09:03 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alcoa Corporation is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Paretosh Misra | Berenberg |