Alcoa (XSWX:AA) Current Ratio: 1.48 (As of Mar. 2026) — Near Median


XSWX:AA Alcoa Corp XSWX:AA
65 GF Score
Price CHF43.18
GF Value CHF24.27
! 7 Warning Signs
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What is Alcoa Current Ratio?

Alcoa XSWX:AA +0.51% 65 Current Ratio is 1.48 as of Mar. 2026, which is 1% below its 10-year median of 1.49. GuruFocus rates XSWX:AA with a GF Score™ of 65/100 and a GF Value™ of CHF24.27. The stock has 7 warning signs investors should review. Among 2,638 Metals & Mining companies, Alcoa ranks worse than 65.81% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Alcoa's current ratio for the quarter that ended in Mar. 2026 was 1.48.

Alcoa has a current ratio of 1.48. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alcoa's Current Ratio or its related term are showing as below:

XSWX:AA' s Current Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.49   Max: 1.81
Current: 1.48

During the past 13 years, Alcoa's highest Current Ratio was 1.81. The lowest was 0.79. And the median was 1.49.

XSWX:AA's Current Ratio is ranked worse than
65.81% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs XSWX:AA: 1.48

Alcoa  (XSWX:AA) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Alcoa Current Ratio Related Terms


Alcoa Current Ratio Historical Data

* Premium members only.

The historical data trend for Alcoa's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alcoa Current Ratio Chart

Alcoa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.75 1.45 1.45 1.44

Alcoa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.65 1.56 1.44 1.48

XSWX:AA vs CENX, CSTM, KALU: Current Ratio Comparison

For the Aluminum subindustry, Alcoa's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alcoa Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcoa's Current Ratio distribution charts can be found below:

* The bar in red indicates where Alcoa's Current Ratio falls into.


XSWX:AA
65GF Score
Alcoa Corp XSWX:AA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alcoa Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Alcoa's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=4358.246/3029.017
=1.44

Alcoa's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4470.289/3012.21
=1.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.48 mean?
Alcoa (XSWX:AA) has a Current Ratio of 1.48 as of Mar. 2026. This is near median its historical median of 1.49. Over the past decade, Alcoa's Current Ratio has ranged from 0.79 to 1.81. According to the industry distribution chart, Alcoa ranks #1736 out of 2638 companies in the Metals & Mining industry, placing it in the top 65.8%.
Is Alcoa's Current Ratio too high?
Alcoa's current Current Ratio of 1.48 is near median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.81. The Metals & Mining industry median Current Ratio is 2.64. Alcoa's value of 1.48 is 43.9% below this industry median. Based on the distribution chart, Alcoa ranks #1736 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Alcoa has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Alcoa's Current Ratio compare to CENX and CSTM?
According to the Metals & Mining industry distribution chart, Alcoa ranks #1736 out of 2638 companies for Current Ratio. This places Alcoa in the lower half of its industry. The industry median Current Ratio is 2.64. Alcoa's value of 1.48 is 43.9% below this benchmark. Historically, Alcoa's own Current Ratio has ranged from 0.79 to 1.81 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.64, Alcoa has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alcoa's current Current Ratio of 1.48 is 43.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcoa's current Current Ratio is 1.48, which is near median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcoa stock overvalued right now?
Alcoa (XSWX:AA) has a current Current Ratio of 1.48. The stock's GF Value™ is CHF24.27, compared to a current price of CHF43.18 — trading 77.9% above its estimated fair value. The current Current Ratio is 1.48, which is near median its 10-year median of 1.49 and 43.9% below the Metals & Mining industry median of 2.64. Alcoa's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Alcoa (XSWX:AA), the current Current Ratio is 1.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alcoa (XSWX:AA) Overvalued in 2026?

Based on GuruFocus' analysis, Alcoa stock appears to be overvalued. The current stock price of CHF43.18 is trading 77.9% above its estimated GF Value™ of CHF24.27.

Key valuation signals for XSWX:AA:

  • Current Ratio: 1.48 (near median its 10-year median of 1.49)
  • GF Value™: CHF24.27 vs. price of CHF43.18 (77.9% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 43.9% below the Metals & Mining median (#1736 of 2638)

No single metric tells the full story. See the XSWX:AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcoa Business Description

Address 201 Isabella Street, Suite 500, Pittsburgh, PA, USA, 15212-5858
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
65GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF43.18
Price
CHF24.27
GF Value