Howmet Short Long Term Debt vs Current Deferred Revenue Analysis

HWM Stock  USD 118.44  1.46  1.25%   
Howmet Aerospace financial indicator trend analysis is much more than just examining Howmet Aerospace latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Howmet Aerospace is a good investment. Please check the relationship between Howmet Aerospace Short Long Term Debt and its Current Deferred Revenue accounts. 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.

Short Long Term Debt vs Current Deferred Revenue

Short Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Howmet Aerospace Short Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Howmet Aerospace's Short Long Term Debt and Current Deferred Revenue is -0.35. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Howmet Aerospace, assuming nothing else is changed. The correlation between historical values of Howmet Aerospace's Short Long Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Howmet Aerospace are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Long Term Debt i.e., Howmet Aerospace's Short Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Howmet Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is very stable compared to the past year. As of the 24th of November 2024, Discontinued Operations is likely to grow to about 61.4 M, while Selling General Administrative is likely to drop about 325.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses538M585M652M619.4M
Cost Of Revenue3.6B4.1B5.0B4.8B

Howmet Aerospace fundamental ratios Correlations

0.370.590.580.540.250.880.740.25-0.170.590.60.70.7-0.030.130.250.690.310.490.340.210.210.650.50.48
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 fundamental ratios 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.