Howmet Historical Balance Sheet
HWM Stock | USD 118.44 1.46 1.25% |
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.
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 |
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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
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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.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 24th 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 Total | 4.2B | 4.2B | 3.8B | 5.1B | Total Assets | 10.2B | 10.3B | 10.4B | 15.9B |
Howmet Aerospace balance sheet Correlations
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Howmet Aerospace Account Relationship Matchups
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Howmet Aerospace balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.6B | 11.4B | 10.2B | 10.3B | 10.4B | 15.9B | |
Short Long Term Debt Total | 5.9B | 5.1B | 4.2B | 4.2B | 3.8B | 5.1B | |
Total Current Liabilities | 4.1B | 1.7B | 1.3B | 1.5B | 1.8B | 1.7B | |
Net Debt | 4.3B | 3.5B | 3.5B | 3.4B | 3.2B | 2.9B | |
Retained Earnings | 129M | 364M | 603M | 1.0B | 1.7B | 1.6B | |
Cash | 1.6B | 1.6B | 720M | 791M | 610M | 579.5M | |
Non Current Assets Total | 11.7B | 7.8B | 7.5B | 7.1B | 8.2B | 12.9B | |
Good Will | 4.5B | 4.1B | 4.1B | 4.0B | 4.0B | 4.0B | |
Liabilities And Stockholders Equity | 17.6B | 11.4B | 10.2B | 10.3B | 10.4B | 15.8B | |
Non Current Liabilities Total | 8.8B | 6.2B | 5.5B | 5.2B | 4.6B | 6.9B | |
Inventory | 2.4B | 1.5B | 1.4B | 1.6B | 1.8B | 2.0B | |
Total Liab | 13.0B | 7.9B | 6.7B | 6.7B | 6.4B | 6.1B | |
Total Current Assets | 5.8B | 3.7B | 2.7B | 3.1B | 3.3B | 5.3B | |
Accumulated Other Comprehensive Income | (3.3B) | (1.9B) | (1.9B) | (1.8B) | (1.8B) | (1.9B) | |
Short Term Debt | 434M | 1.0B | 414M | 32M | 238M | 274.1M | |
Common Stock Shares Outstanding | 463M | 439M | 435M | 421M | 416M | 426.3M | |
Other Current Liab | 418M | 545M | 422M | 488M | 496M | 808.3M | |
Total Stockholder Equity | 4.6B | 3.6B | 3.5B | 3.6B | 4.0B | 7.7B | |
Current Deferred Revenue | 631M | 396M | 333M | 65M | 58.5M | 55.6M | |
Accounts Payable | 2.0B | 599M | 732M | 962M | 982M | 1.6B | |
Cash And Short Term Investments | 1.6B | 1.6B | 720M | 791M | 610M | 579.5M | |
Other Stockholder Equity | 7.3B | 4.7B | 4.3B | 3.9B | 3.7B | 5.2B | |
Non Currrent Assets Other | 514M | 234M | 215M | 192M | 70M | 73.5M | |
Property Plant And Equipment Net | 5.5B | 2.6B | 2.5B | 2.3B | 2.5B | 2.3B | |
Net Receivables | 1.5B | 357M | 420M | 537M | 692M | 1.1B | |
Property Plant And Equipment Gross | 5.7B | 2.6B | 5.3B | 5.3B | 5.5B | 6.8B | |
Net Tangible Assets | (599M) | (1.2B) | (1.2B) | (988M) | (889.2M) | (844.7M) | |
Retained Earnings Total Equity | 129M | 364M | 603M | 1.0B | 925.2M | 878.9M | |
Long Term Debt Total | 4.9B | 4.7B | 4.2B | 4.2B | 3.7B | 5.3B | |
Capital Surpluse | 7.3B | 4.7B | 4.3B | 3.9B | 3.6B | 5.8B | |
Non Current Liabilities Other | 3.2B | 1.2B | 307M | 185M | 254M | 241.3M | |
Property Plant Equipment | 5.5B | 2.6B | 2.5B | 2.3B | 2.1B | 2.0B |
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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.