Alcoa Free Cash Flow vs Earnings before Tax Analysis

    Free Cash Flow vs Earnings before Tax

    Free Cash Flow

    Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

    Earnings before Tax

    Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

    Accounts Relationship

    Free Cash Flow vs Earnings before Tax

    Significance: Almost Identical Trend

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Inc Free Cash Flow account and Earnings before Tax

    Correlation Coefficient

    0.98
    Relationship DirectionPositive 
    Relationship StrengthVery Strong