Alcoa Free Cash Flow vs Tangible Asset Value Analysis

    Free Cash Flow vs Tangible Asset Value

    Free Cash Flow

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

    Tangible Asset Value

    The value of tangibles assets calculated as the difference between Total Assets and Goodwill and Intangible Assets.
    Accounts Relationship
    Free Cash Flow vs Tangible Asset Value

    Significance: Pay attention

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Inc Free Cash Flow account and Tangible Asset Value

    Correlation Coefficient

    -0.86
    Relationship DirectionNegative 
    Relationship StrengthSignificant