Alcoa Tangible Asset Value vs Free Cash Flow Analysis

    Tangible Asset Value vs Free Cash Flow

    Tangible Asset Value

    The value of tangibles assets calculated as the difference between Total Assets and Goodwill and Intangible Assets.

    Free Cash Flow

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

    Accounts Relationship

    Tangible Asset Value vs Free Cash Flow

    Significance: Pay attention

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

    Correlation Coefficient

    -0.86
    Relationship DirectionNegative 
    Relationship StrengthSignificant