Howmet Aerospace Balance Sheet Health
Financial Health criteria checks 4/6
Howmet Aerospace has a total shareholder equity of $4.5B and total debt of $3.4B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are $10.6B and $6.1B respectively. Howmet Aerospace's EBIT is $1.5B making its interest coverage ratio 8.8. It has cash and short-term investments of $475.0M.
Key information
75.4%
Debt to equity ratio
US$3.39b
Debt
| Interest coverage ratio | 8.8x |
| Cash | US$475.00m |
| Equity | US$4.50b |
| Total liabilities | US$6.06b |
| Total assets | US$10.56b |
Recent financial health updates
Howmet Aerospace (NYSE:HWM) Seems To Use Debt Quite Sensibly
Sep 22
Is Howmet Aerospace (NYSE:HWM) A Risky Investment?
Jun 20Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?
Mar 17Does Howmet Aerospace (NYSE:HWM) Have A Healthy Balance Sheet?
Sep 27Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?
Jun 28Howmet Aerospace (NYSE:HWM) Has A Pretty Healthy Balance Sheet
Mar 24Recent updates
Howmet Aerospace Inc.'s (NYSE:HWM) Price In Tune With Earnings
Nov 17Howmet Aerospace: A Top Stock To Buy On Long-Term Airplane Production Growth
Nov 07Are Investors Undervaluing Howmet Aerospace Inc. (NYSE:HWM) By 42%?
Nov 03At US$102, Is Howmet Aerospace Inc. (NYSE:HWM) Worth Looking At Closely?
Oct 06Howmet Aerospace (NYSE:HWM) Seems To Use Debt Quite Sensibly
Sep 22Market Participants Recognise Howmet Aerospace Inc.'s (NYSE:HWM) Earnings
Aug 14Howmet Aerospace: Wait For A Better Entry Point
Aug 14With EPS Growth And More, Howmet Aerospace (NYSE:HWM) Makes An Interesting Case
Jul 30Howmet Aerospace: Positive Commercial Aerospace Outlook
Jul 12Howmet Aerospace Inc.'s (NYSE:HWM) Intrinsic Value Is Potentially 99% Above Its Share Price
Jul 03Is Howmet Aerospace (NYSE:HWM) A Risky Investment?
Jun 20Earnings Tell The Story For Howmet Aerospace Inc. (NYSE:HWM) As Its Stock Soars 26%
May 13If EPS Growth Is Important To You, Howmet Aerospace (NYSE:HWM) Presents An Opportunity
Apr 29Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?
Mar 17Is There An Opportunity With Howmet Aerospace Inc.'s (NYSE:HWM) 49% Undervaluation?
Mar 04Howmet: Commercial Aerospace Demand, Beneficial 2024 Guidance, And Upside Potential
Feb 20Is Howmet Aerospace Inc. (NYSE:HWM) Potentially Undervalued?
Feb 13Should You Be Adding Howmet Aerospace (NYSE:HWM) To Your Watchlist Today?
Dec 17Howmet Aerospace: Strong Q3 Results Set The Stage For Margin Improvement
Nov 27Howmet Aerospace Inc. (NYSE:HWM) Shares Could Be 37% Below Their Intrinsic Value Estimate
Nov 08Howmet Aerospace Stock Surges: Can It Go Higher?
Nov 06What Is Howmet Aerospace Inc.'s (NYSE:HWM) Share Price Doing?
Oct 11Does Howmet Aerospace (NYSE:HWM) Have A Healthy Balance Sheet?
Sep 27Howmet Aerospace: Rating Upgrade As Relative Valuation Is Actually Not Expensive
Sep 18Here's Why Howmet Aerospace (NYSE:HWM) Has Caught The Eye Of Investors
Sep 12Estimating The Intrinsic Value Of Howmet Aerospace Inc. (NYSE:HWM)
Aug 07From Spin-Off To Takeoff: How Howmet Aerospace Aces The Aerospace Industry
Aug 03Howmet Aerospace: Flying High Above The Returns Of The S&P 500
Jul 26What Does Howmet Aerospace Inc.'s (NYSE:HWM) Share Price Indicate?
Jul 11Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?
Jun 28Does Howmet Aerospace (NYSE:HWM) Deserve A Spot On Your Watchlist?
Jun 14Howmet Aerospace Inc.'s (NYSE:HWM) Intrinsic Value Is Potentially 50% Above Its Share Price
May 05Is Now An Opportune Moment To Examine Howmet Aerospace Inc. (NYSE:HWM)?
Apr 06Howmet Aerospace (NYSE:HWM) Has A Pretty Healthy Balance Sheet
Mar 24Should You Be Adding Howmet Aerospace (NYSE:HWM) To Your Watchlist Today?
Mar 10Howmet Aerospace Non-GAAP EPS of $0.38 in-line, revenue of $1.5B beats by $30M, initiates FY23 and Q1 outlook
Feb 14A Look At The Fair Value Of Howmet Aerospace Inc. (NYSE:HWM)
Feb 02Howmet Aerospace declares $0.04 dividend
Jan 27Howmet Aerospace: GARP Fundamentals, But Bearish Near-Term Chart Features
Jan 19Financial Position Analysis
Short Term Liabilities: HWM's short term assets ($3.4B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: HWM's short term assets ($3.4B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: HWM's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: HWM's debt to equity ratio has reduced from 134.6% to 75.4% over the past 5 years.
Debt Coverage: HWM's debt is well covered by operating cash flow (37.6%).
Interest Coverage: HWM's interest payments on its debt are well covered by EBIT (8.8x coverage).