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Alcoa Corp  (AA)
Other Ticker:  
 
    Sector  Basic Materials    Industry Aluminum
   Industry Aluminum
   Sector  Basic Materials

Alcoa's Tangible Leverage Ratio

AA's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 1.31%, Tangible Leverage Ratio fell to 1.54, below the Alcoa's average Tangible Leverage Ratio.

Within Aluminum industry Alcoa Corp achieved the lowest Tangible Leverage Ratio in the third quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the second quarter 2023 from 2299 to 2331 .

Explain Tangible Leverage Ratio?
What is AA Market Share?
What are AA´s Total Liabilities?


AA Tangible Leverage Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Tangible Equity Change -11.61 % -11.44 % 0.62 % 4.85 % 26.2 %
Y / Y Total Liabilities Change -1.11 % -7.54 % -15.16 % -6.5 % -7.8 %
Tangible Leverage Ratio MRQ 1.54 1.44 1.54 1.47 1.38
AA's Total Ranking # 2331 # 2299 # 1506 # 2388 # 2317
Seq. Tangible Equity Change -5.67 % 2.57 % -4.45 % -4.4 % -5.49 %
Seq. Total Liabilities Change 1.31 % -4.06 % -0.01 % 1.74 % -5.27 %



Tangible Leverage Ratio third quarter 2023 Company Ranking
Within: No.
Aluminum Industry # 0
Basic Materials Sector # 183
Overall Market # 2331


Tangible Leverage Ratio Statistics
High Average Low
2.4 1.61 0.84
(Mar 31 2021)   (Sep. 30, 2012)




Financial Statements
Alcoa's Tangible Equity $ 6,092 Millions Visit AA's Balance sheet
Alcoa's Total Liabilities $ 9,408 Millions Visit AA's Balance sheet
Source of AA's Sales Visit AA's Sales by Geography


Cumulative Alcoa's Tangible Leverage Ratio

AA's Tangible Leverage Ratio for the trailling 12 Months

AA Tangible Leverage Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Tangible Equity TTM Growth -11.61 % -11.44 % 0.62 % 4.85 % 26.2 %
Y / Y Total Liabilities TTM Growth -1.11 % -7.54 % -15.16 % -6.5 % -7.8 %
Tangible Leverage Ratio TTM 1.5 1.45 1.44 1.5 1.55
Total Ranking TTM # 10 # 2 # 10 # 10 # 2186
Seq. Tangible Equity TTM Growth -5.67 % 2.57 % -4.45 % -4.4 % -5.49 %
Seq. Total Liabilities TTM Growth 1.31 % -4.06 % -0.01 % 1.74 % -5.27 %


On the trailing twelve months basis Due to the net new borrowings of 1.31% during the trailing twelve months finishing in the III Quarter 2023, cumulativeTangible Leverage Ratio improved to 1.5, below the Alcoa's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Aluminum industry AA recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 2 to 10.

Explain Tangible Leverage Ratio?
What is AA Market Share?
What are AA´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Aluminum Industry # 0
Basic Materials Sector # 2
Within the Market # 10


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
2.14 1.56 1.05
(Sep. 30, 2014)   (Jun 30 2017)




Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2023, within Aluminum Industry Tangible Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 30 2023 MRQ Tangible Equity
Century Aluminum Company  3.31 $ 1,278.500  Millions$ 386.700  Millions
Alcoa Corp  1.54 $ 9,408.000  Millions$ 6,092.000  Millions

Date modified: 2023-10-27T06:25:55+00:00



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