Alcoa Corp (AA)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands 1,597,000 1,138,000 944,000 1,363,000 1,814,000
Short-term investments US$ in thousands 29,000 -21,000 14,000
Total current liabilities US$ in thousands 3,765,000 3,395,000 3,030,000 3,004,000 3,223,000
Cash ratio 0.42 0.34 0.32 0.45 0.57

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,597,000K + $—K) ÷ $3,765,000K
= 0.42