Alcoa Corp (AA) — Financial Flexibility Index
Alcoa Corp (AA) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $444.00 Million (operating CF $255.00 Million minus capex $189.00 Million) represents 0% of total liabilities ($9.54 Billion). Check AA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Alcoa Corp Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for Alcoa Corp across 11 annual periods. For the full cash flow conversion analysis, see AA cash generation efficiency.
Annual Financial Flexibility Index for Alcoa Corp (2014–2024)
Year-by-year free cash flow to debt coverage for Alcoa Corp. Explore AA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.13x | $1.20 Billion | $622.00 Million | $8.91 Billion | ▲ +80.3% |
| 2023 | 0.07x | $622.00 Million | $91.00 Million | $8.31 Billion | ▼ -53.0% |
| 2022 | 0.16x | $1.30 Billion | $822.00 Million | $8.17 Billion | ▲ +6.4% |
| 2021 | 0.15x | $1.31 Billion | $920.00 Million | $8.74 Billion | ▲ +97.5% |
| 2020 | 0.08x | $747.00 Million | $394.00 Million | $9.84 Billion | ▼ -37.7% |
| 2019 | 0.12x | $1.06 Billion | $686.00 Million | $8.74 Billion | ▲ +22.8% |
| 2018 | 0.10x | $847.00 Million | $448.00 Million | $8.54 Billion | ▼ -35.2% |
| 2017 | 0.15x | $1.63 Billion | $1.22 Billion | $10.65 Billion | ▲ +1387.6% |
| 2016 | 0.01x | $93.00 Million | $-311.00 Million | $9.04 Billion | ▼ -96.0% |
| 2015 | 0.26x | $1.27 Billion | $875.00 Million | $4.90 Billion | ▲ +12.6% |
| 2014 | 0.23x | $1.29 Billion | $842.00 Million | $5.61 Billion | — |