Alcoa Tangible Asset Value vs Working Capital Analysis

    Tangible Asset Value vs Working Capital

    Tangible Asset Value

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

    Working Capital

    Working capital measures the difference between Current Assets and Current Liabilities.

    Accounts Relationship

    Tangible Asset Value vs Working Capital

    Significance: Totally Related

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

    Correlation Coefficient

    1.0
    Relationship DirectionPositive 
    Relationship StrengthVery Strong