Alcoa Working Capital vs Earnings before Tax Analysis

    Working Capital vs Earnings before Tax

    Working Capital

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

    Earnings before Tax

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

    Accounts Relationship

    Working Capital vs Earnings before Tax

    Significance: Pay attention

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

    Correlation Coefficient

    -0.75
    Relationship DirectionNegative 
    Relationship StrengthWeak