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AlcoaXSWX:AA -1.61%71 Equity-to-Asset is 0.44 as of Jun. 2026, which is 38% above its 10-year median of 0.32. GuruFocus rates XSWX:AA with a GF Score™ of 71/100 and a GF Value™ of CHF27.13. The stock has 8 warning signs investors should review. Among 2,665 Metals & Mining companies, Alcoa ranks worse than 75.5% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alcoa's Total Stockholders Equity for the quarter that ended in Jun. 2026 was CHF5,891 Mil. Alcoa's Total Assets for the quarter that ended in Jun. 2026 was CHF13,471 Mil.
Therefore, Alcoa's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.44.
The historical rank and industry rank for Alcoa's Equity-to-Asset or its related term are showing as below:
XSWX:AA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.32 Max: 0.44
Current: 0.44
During the past 13 years, the highest Equity to Asset Ratio of Alcoa was 0.44. The lowest was 0.22. And the median was 0.32.
XSWX:AA's Equity-to-Asset is ranked worse than 75.5% of 2665
companies
in the Metals & Mining industry
Industry Median: 0.8
vs XSWX:AA: 0.44
Alcoa (XSWX:AA) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Alcoa Equity-to-Asset Related Terms
Alcoa Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Alcoa's Equity-to-Asset 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.
XSWX:AA vs CENX, CSTM, KALU: Equity-to-Asset Comparison
For the Aluminum subindustry, Alcoa's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcoa's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alcoa's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Alcoa's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (XSWX:AA) has a Equity-to-Asset of 0.44 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alcoa and its competitors. This is 38% above median its historical median of 0.32. Over the past decade, Alcoa's Equity-to-Asset has ranged from 0.22 to 0.44. According to the industry distribution chart, Alcoa ranks #2012 out of 2665 companies in the Metals & Mining industry, placing it in the top 75.5%.
Is Alcoa's Equity-to-Asset too high?
Alcoa's current Equity-to-Asset of 0.44 is 38% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.44. The Metals & Mining industry median Equity-to-Asset is 0.80. Alcoa's value of 0.44 is 45% below this industry median. Based on the distribution chart, Alcoa ranks #2012 out of 2665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Alcoa has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Alcoa's Equity-to-Asset compare to CENX and CSTM?
According to the Metals & Mining industry distribution chart, Alcoa ranks #2012 out of 2665 companies for Equity-to-Asset. This places Alcoa in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Alcoa's value of 0.44 is 45% below this benchmark. Historically, Alcoa's own Equity-to-Asset has ranged from 0.22 to 0.44 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.80, 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,665 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alcoa's current Equity-to-Asset of 0.44 is 45% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alcoa and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcoa's current Equity-to-Asset is 0.44, which is 38% above median its own 10-year median of 0.32. 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 Equity-to-Asset of 0.44. The stock's GF Value™ is CHF27.13, compared to a current price of CHF36.38 — trading 34.1% above its estimated fair value. The current Equity-to-Asset is 0.44, which is 38% above median its 10-year median of 0.32 and 45% below the Metals & Mining industry median of 0.80. Alcoa's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Alcoa (XSWX:AA), the current Equity-to-Asset is 0.44 as of Jun. 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 CHF36.38 is trading 34.1% above its estimated GF Value™ of CHF27.13.
Key valuation signals for XSWX:AA:
Equity-to-Asset: 0.44 (38% above median its 10-year median of 0.32)
GF Value™: CHF27.13 vs. price of CHF36.38 (34.1% above fair value)
Industry Position: 45% below the Metals & Mining median (#2012 of 2665)
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 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.
71GF Score
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