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Howmet Aerospace (WBO:HWM) Total Assets : €9,562 Mil (As of Dec. 2023)


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What is Howmet Aerospace Total Assets?

Howmet Aerospace's Total Assets for the quarter that ended in Dec. 2023 was €9,562 Mil.

During the past 12 months, Howmet Aerospace's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was -11.30% per year.

During the past 10 years, Howmet Aerospace's highest 3-Year average Total Assets Growth Rate was -0.10%. The lowest was -22.40%. And the median was -16.00%.

Total Assets is connected with ROA %. Howmet Aerospace's annualized ROA % for the quarter that ended in Dec. 2023 was 9.07%. Total Assets is also linked to Revenue through Asset Turnover. Howmet Aerospace's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.


Howmet Aerospace Total Assets Historical Data

The historical data trend for Howmet Aerospace's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Howmet Aerospace Total Assets Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,805.80 9,406.15 9,043.82 9,680.72 9,562.48

Howmet Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,680.72 9,502.52 9,445.06 9,525.54 9,562.48

Howmet Aerospace Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Howmet Aerospace's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=3701.929+5860.547
=9,562

Howmet Aerospace's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=3701.929+5860.547
=9,562

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Howmet Aerospace  (WBO:HWM) Total Assets Explanation

Total Assets is connected with ROA %.

Howmet Aerospace's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=865.648/( (9525.542+9562.476)/ 2 )
=865.648/9544.009
=9.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Howmet Aerospace's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1587.327/( (9525.542+9562.476)/ 2 )
=1587.327/9544.009
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Howmet Aerospace Total Assets Related Terms

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Howmet Aerospace (WBO:HWM) Business Description

Traded in Other Exchanges
Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

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