Howmet Aerospace Balance Sheet Health
Financial Health criteria checks 4/6
Howmet Aerospace has a total shareholder equity of $4.0B and total debt of $3.7B, which brings its debt-to-equity ratio to 91.8%. Its total assets and total liabilities are $10.4B and $6.4B respectively. Howmet Aerospace's EBIT is $1.2B making its interest coverage ratio 6.1. It has cash and short-term investments of $610.0M.
Key information
91.8%
Debt to equity ratio
US$3.71b
Debt
| Interest coverage ratio | 6.1x |
| Cash | US$610.00m |
| Equity | US$4.04b |
| Total liabilities | US$6.39b |
| Total assets | US$10.43b |
Recent financial health updates
Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?
Mar 17
Does 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 24Howmet Aerospace (NYSE:HWM) Has A Somewhat Strained Balance Sheet
Dec 18Howmet Aerospace (NYSE:HWM) Has A Somewhat Strained Balance Sheet
Sep 07Recent updates
Is 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 19At US$39.41, Is It Time To Put Howmet Aerospace Inc. (NYSE:HWM) On Your Watch List?
Jan 02Howmet Aerospace (NYSE:HWM) Has A Somewhat Strained Balance Sheet
Dec 18Should You Be Adding Howmet Aerospace (NYSE:HWM) To Your Watchlist Today?
Dec 02Howmet: Strong Growth Expected
Nov 04Howmet Aerospace Q3 2022 Earnings Preview
Oct 28An Intrinsic Calculation For Howmet Aerospace Inc. (NYSE:HWM) Suggests It's 47% Undervalued
Oct 27Howmet Aerospace raises dividend by 100% to $0.04/share
Sep 29Is It Too Late To Consider Buying Howmet Aerospace Inc. (NYSE:HWM)?
Sep 25Why I Strongly Believe In Howmet Aerospace
Sep 09Howmet Aerospace (NYSE:HWM) Has A Somewhat Strained Balance Sheet
Sep 07Should You Be Adding Howmet Aerospace (NYSE:HWM) To Your Watchlist Today?
Aug 23Howmet Aerospace Q2 2022 Earnings Preview
Aug 03Howmet Aerospace Inc. (NYSE:HWM) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 20At US$33.98, Is It Time To Put Howmet Aerospace Inc. (NYSE:HWM) On Your Watch List?
Jun 13Howmet Aerospace: A Closer Look
May 31These 4 Measures Indicate That Howmet Aerospace (NYSE:HWM) Is Using Debt Extensively
May 23Financial Position Analysis
Short Term Liabilities: HWM's short term assets ($3.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: HWM's short term assets ($3.3B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: HWM's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: HWM's debt to equity ratio has reduced from 113.3% to 91.8% over the past 5 years.
Debt Coverage: HWM's debt is well covered by operating cash flow (24.3%).
Interest Coverage: HWM's interest payments on its debt are well covered by EBIT (6.1x coverage).