Alcoa Working Capital vs Tangible Asset Value Analysis

    Working Capital vs Tangible Asset Value

    Working Capital

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

    Tangible Asset Value

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

    Accounts Relationship

    Working Capital vs Tangible Asset Value

    Significance: Totally Related

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

    Correlation Coefficient

    1.0
    Relationship DirectionPositive 
    Relationship StrengthVery Strong