Howmet Historical Balance Sheet

HWM Stock  USD 115.84  2.60  2.20%   
Trend analysis of Howmet Aerospace balance sheet accounts such as Total Current Liabilities of 1.7 B or Net Debt of 2.9 B provides information on Howmet Aerospace's total assets, liabilities, and equity, which is the actual value of Howmet Aerospace to its prevalent stockholders. By breaking down trends over time using Howmet Aerospace balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Howmet Aerospace latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Howmet Aerospace is a good buy for the upcoming year.

Howmet Aerospace Inventory

2.05 Billion

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.

About Howmet Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Howmet Aerospace at a specified time, usually calculated after every quarter, six months, or one year. Howmet Aerospace Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Howmet Aerospace and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Howmet currently owns. An asset can also be divided into two categories, current and non-current.

Howmet Aerospace Balance Sheet Chart

At this time, Howmet Aerospace's Non Current Liabilities Total is very stable compared to the past year. As of the 26th of November 2024, Inventory is likely to grow to about 2 B, while Net Debt is likely to drop about 2.9 B.

Total Assets

Total assets refers to the total amount of Howmet Aerospace assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Howmet Aerospace books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Howmet Aerospace balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Howmet Aerospace are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from Howmet Aerospace's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Howmet Aerospace current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.At this time, Howmet Aerospace's Non Current Liabilities Total is very stable compared to the past year. As of the 26th of November 2024, Inventory is likely to grow to about 2 B, while Net Debt is likely to drop about 2.9 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.2B4.2B3.8B5.1B
Total Assets10.2B10.3B10.4B15.9B

Howmet Aerospace balance sheet Correlations

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0.370.550.460.380.750.60.00.390.560.610.560.610.64-0.010.71-0.510.330.630.480.44-0.30.340.51-0.060.29
0.590.55-0.060.850.430.420.460.060.250.160.890.960.9-0.010.46-0.080.860.820.880.810.5-0.050.87-0.330.87
0.580.46-0.06-0.160.350.830.160.43-0.080.840.040.080.150.160.15-0.04-0.11-0.14-0.12-0.24-0.590.540.00.82-0.29
0.540.380.85-0.160.060.390.42-0.250.25-0.060.640.850.68-0.250.44-0.040.930.820.670.630.54-0.480.94-0.320.86
0.250.750.430.350.060.360.090.540.20.490.560.470.570.220.52-0.480.10.440.450.56-0.20.570.16-0.090.24
0.880.60.420.830.390.360.420.270.040.750.450.530.570.060.35-0.030.450.290.320.14-0.210.280.520.60.22
0.740.00.460.160.420.090.420.22-0.370.250.480.570.55-0.15-0.210.440.630.170.380.390.560.140.440.240.5
0.250.390.060.43-0.250.540.270.220.030.740.20.160.36-0.19-0.060.24-0.07-0.210.040.06-0.160.82-0.020.34-0.19
-0.170.560.25-0.080.250.20.04-0.370.030.050.210.20.28-0.240.19-0.330.130.360.250.29-0.40.080.39-0.340.04
0.590.610.160.84-0.060.490.750.250.740.050.210.270.420.10.170.160.06-0.080.02-0.1-0.370.720.180.68-0.2
0.60.560.890.040.640.560.450.480.20.210.210.880.940.020.4-0.210.750.730.970.840.370.190.7-0.280.81
0.70.610.960.080.850.470.530.570.160.20.270.880.91-0.160.44-0.080.880.820.840.820.460.00.88-0.220.87
0.70.640.90.150.680.570.570.550.360.280.420.940.91-0.050.35-0.010.810.650.860.760.340.280.8-0.120.72
-0.03-0.01-0.010.16-0.250.220.06-0.15-0.19-0.240.10.02-0.16-0.050.19-0.15-0.25-0.11-0.01-0.17-0.160.18-0.30.14-0.17
0.130.710.460.150.440.520.35-0.21-0.060.190.170.40.440.350.19-0.710.290.730.390.28-0.04-0.210.35-0.320.4
0.25-0.51-0.08-0.04-0.04-0.48-0.030.440.24-0.330.16-0.21-0.08-0.01-0.15-0.710.13-0.55-0.26-0.270.370.120.060.45-0.17
0.690.330.86-0.110.930.10.450.63-0.070.130.060.750.880.81-0.250.290.130.710.760.660.63-0.270.93-0.210.87
0.310.630.82-0.140.820.440.290.17-0.210.36-0.080.730.820.65-0.110.73-0.550.710.770.780.32-0.330.74-0.570.85
0.490.480.88-0.120.670.450.320.380.040.250.020.970.840.86-0.010.39-0.260.760.770.860.410.040.7-0.420.86
0.340.440.81-0.240.630.560.140.390.060.29-0.10.840.820.76-0.170.28-0.270.660.780.860.420.010.64-0.540.85
0.21-0.30.5-0.590.54-0.2-0.210.56-0.16-0.4-0.370.370.460.34-0.16-0.040.370.630.320.410.42-0.420.4-0.420.69
0.210.34-0.050.54-0.480.570.280.140.820.080.720.190.00.280.18-0.210.12-0.27-0.330.040.01-0.42-0.220.44-0.34
0.650.510.870.00.940.160.520.44-0.020.390.180.70.880.8-0.30.350.060.930.740.70.640.4-0.22-0.170.77
0.5-0.06-0.330.82-0.32-0.090.60.240.34-0.340.68-0.28-0.22-0.120.14-0.320.45-0.21-0.57-0.42-0.54-0.420.44-0.17-0.51
0.480.290.87-0.290.860.240.220.5-0.190.04-0.20.810.870.72-0.170.4-0.170.870.850.860.850.69-0.340.77-0.51
Click cells to compare fundamentals

Howmet Aerospace Account Relationship Matchups

Howmet Aerospace balance sheet Accounts

201920202021202220232024 (projected)
Total Assets17.6B11.4B10.2B10.3B10.4B15.9B
Short Long Term Debt Total5.9B5.1B4.2B4.2B3.8B5.1B
Total Current Liabilities4.1B1.7B1.3B1.5B1.8B1.7B
Net Debt4.3B3.5B3.5B3.4B3.2B2.9B
Retained Earnings129M364M603M1.0B1.7B1.6B
Cash1.6B1.6B720M791M610M579.5M
Non Current Assets Total11.7B7.8B7.5B7.1B8.2B12.9B
Good Will4.5B4.1B4.1B4.0B4.0B4.0B
Liabilities And Stockholders Equity17.6B11.4B10.2B10.3B10.4B15.8B
Non Current Liabilities Total8.8B6.2B5.5B5.2B4.6B6.9B
Inventory2.4B1.5B1.4B1.6B1.8B2.0B
Total Liab13.0B7.9B6.7B6.7B6.4B6.1B
Total Current Assets5.8B3.7B2.7B3.1B3.3B5.3B
Accumulated Other Comprehensive Income(3.3B)(1.9B)(1.9B)(1.8B)(1.8B)(1.9B)
Short Term Debt434M1.0B414M32M238M274.1M
Common Stock Shares Outstanding463M439M435M421M416M426.3M
Other Current Liab418M545M422M488M496M808.3M
Total Stockholder Equity4.6B3.6B3.5B3.6B4.0B7.7B
Current Deferred Revenue631M396M333M65M58.5M55.6M
Accounts Payable2.0B599M732M962M982M1.6B
Cash And Short Term Investments1.6B1.6B720M791M610M579.5M
Other Stockholder Equity7.3B4.7B4.3B3.9B3.7B5.2B
Non Currrent Assets Other514M234M215M192M70M73.5M
Property Plant And Equipment Net5.5B2.6B2.5B2.3B2.5B2.3B
Net Receivables1.5B357M420M537M692M1.1B
Property Plant And Equipment Gross5.7B2.6B5.3B5.3B5.5B6.8B
Net Tangible Assets(599M)(1.2B)(1.2B)(988M)(889.2M)(844.7M)
Retained Earnings Total Equity129M364M603M1.0B925.2M878.9M
Long Term Debt Total4.9B4.7B4.2B4.2B3.7B5.3B
Capital Surpluse7.3B4.7B4.3B3.9B3.6B5.8B
Non Current Liabilities Other3.2B1.2B307M185M254M241.3M
Property Plant Equipment5.5B2.6B2.5B2.3B2.1B2.0B

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When determining whether Howmet Aerospace is a strong investment it is important to analyze Howmet Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Howmet Aerospace's future performance. For an informed investment choice regarding Howmet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.8
Dividend Share
0.23
Earnings Share
2.61
Revenue Per Share
17.775
Quarterly Revenue Growth
0.107
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.