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Howmet Aerospace (MEX:HWM) Debt-to-Revenue : 0.46 (As of Sep. 2024)


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What is Howmet Aerospace Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Howmet Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN20 Mil. Howmet Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN66,809 Mil. Howmet Aerospace's annualized Revenue for the quarter that ended in Sep. 2024 was MXN144,527 Mil. Howmet Aerospace's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.46.


Howmet Aerospace Debt-to-Revenue Historical Data

The historical data trend for Howmet Aerospace's Debt-to-Revenue 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 Debt-to-Revenue Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.99 0.87 0.76 0.58

Howmet Aerospace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.59 0.55 0.51 0.51 0.46

Competitive Comparison of Howmet Aerospace's Debt-to-Revenue

For the Aerospace & Defense subindustry, Howmet Aerospace's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howmet Aerospace's Debt-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Debt-to-Revenue falls into.



Howmet Aerospace Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Howmet Aerospace's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4039.871 + 61056.37) / 112709.007
=0.58

Howmet Aerospace's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19.69 + 66809.188) / 144526.804
=0.46

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Howmet Aerospace Debt-to-Revenue Related Terms

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Howmet Aerospace Business Description

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 solutions through offering differentiated products such as airfoils with 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.