Alcoa Corp (AA)
40.73
+0.16
(+0.39%)
USD |
NYSE |
Nov 04, 16:00
40.90
+0.17
(+0.42%)
After-Hours: 20:00
Alcoa Debt to Equity Ratio: 0.5587 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
September 30, 2024 | 0.5587 |
June 30, 2024 | 0.6535 |
March 31, 2024 | 0.638 |
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 |
Date | Value |
---|---|
March 31, 2020 | 0.4215 |
December 31, 2019 | 0.4377 |
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
0.4993
Average
0.4318
Median
Debt to Equity Ratio Benchmarks
Century Aluminum Co | 0.7987 |
Steel Dynamics Inc | 0.4056 |
Cleveland-Cliffs Inc | 0.4932 |
Freeport-McMoRan Inc | 0.5516 |
Kaiser Aluminum Corp | 1.561 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 14.54B |
Total Liabilities (Quarterly) | 9.292B |
Shareholders Equity (Quarterly) | 5.25B |
Current Ratio | 1.407 |
Net Debt Paydown Yield | -2.26% |