Alcoa Corp (AA)
35.47
-0.08
(-0.22%)
USD |
NYSE |
Apr 18, 16:00
35.51
+0.04
(+0.11%)
Pre-Market: 05:02
Alcoa Debt to Equity Ratio: 0.426 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.426 |
| September 30, 2023 | 0.4014 |
| June 30, 2023 | 0.3736 |
| March 31, 2023 | 0.3853 |
| December 31, 2022 | 0.356 |
| September 30, 2022 | 0.3214 |
| June 30, 2022 | 0.3046 |
| March 31, 2022 | 0.3774 |
| December 31, 2021 | 0.3857 |
| September 30, 2021 | 0.4448 |
| June 30, 2021 | 0.5882 |
| March 31, 2021 | 0.911 |
| December 31, 2020 | 0.7677 |
| September 30, 2020 | 0.7482 |
| June 30, 2020 | 0.4861 |
| March 31, 2020 | 0.4215 |
| December 31, 2019 | 0.4377 |
| Date | Value |
|---|---|
| September 30, 2019 | 0.3979 |
| June 30, 2019 | 0.3687 |
| March 31, 2019 | 0.3496 |
| December 31, 2018 | 0.3208 |
| September 30, 2018 | 0.3497 |
| June 30, 2018 | 0.384 |
| March 31, 2018 | 0.272 |
| December 31, 2017 | 0.3104 |
| September 30, 2017 | 0.239 |
| June 30, 2017 | 0.2414 |
| March 31, 2017 | 0.2469 |
| December 31, 2016 | 0.2556 |
| September 30, 2016 | 0.2117 |
| June 30, 2016 | 0.0291 |
| March 31, 2016 | 0.0243 |
| December 31, 2015 | 0.0238 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3046
Minimum
Jun 2022
0.911
Maximum
Mar 2021
0.4686
Average
0.4014
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| Century Aluminum Co | 1.348 |
| Kaiser Aluminum Corp | 1.594 |
| Reliance Inc | 0.1479 |
| Fuse Group Holding Inc | -0.6357 |
| Cleveland-Cliffs Inc | 0.3977 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 14.16B |
| Total Liabilities (Quarterly) | 8.31B |
| Shareholders Equity (Quarterly) | 4.251B |
| Current Ratio | 1.454 |
| Net Debt Paydown Yield | -0.28% |