HON (Honeywell International) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2024)

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What is Honeywell International LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Honeywell International's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.35.

Honeywell International's long-term debt to total assets ratio increased from Dec. 2023 (0.28) to Dec. 2024 (0.35). It may suggest that Honeywell International is progressively becoming more dependent on debt to grow their business.

Honeywell International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Honeywell International's LT-Debt-to-Total-Asset 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.

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Honeywell International LT-Debt-to-Total-Asset Chart

Honeywell International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.26

0.23

0.26

0.28

0.35

Honeywell International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.34	0.30	0.35	0.35

Honeywell International LT-Debt-to-Total-Asset Calculation

Honeywell International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	26406	/	75196
	=	0.35

Honeywell International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	26406	/	75196
	=	0.35

Honeywell International (NAS:HON) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Honeywell International LT-Debt-to-Total-Asset Related Terms

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Honeywell International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (NAS:HON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HON:Mexico 1HON:Italy ALDB:Germany ALD:Germany ALD:Germany ALD:Germany ALD:Germany HON:Canada HONB34:Brazil HON:Austria HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.

Executives

Darius Adamczyk	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
James E Currier	officer: President & CEO, Aerospace	855 S. MINT STREET, CHARLOTTE NC 28202
Vimal Kapur	officer: President & CEO, HBT	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 07950
Billal Hammoud	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
George Koutsaftes	officer: President and CEO, SPS	855 S. MINT STREET, CHARLOTTE NC 28202
Karen Mattimore	officer: SrVP, HR and Communications	300 SOUTH TRYON STR, CHARLOTTE NC 28202
Lucian Boldea	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
Robin Watson	director	855 S. MINT STREET, CHARLOTTE NC 28202
Gregory P Lewis	officer: SVP & Chief Financial Officer	C/O HONEYWELL INTERNATIONAL INC., 300 SOUTH TRYON STREET, CHARLOTTE NC 28202
Kevin Dehoff	officer: President and CEO, HCE	855 S. MINT STREET, CHARLOTTE NC 28202
Rose Lee	director	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Que Dallara	officer: Pres/CEO -Connected Enterprise	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Doug Wright	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
D Scott Davis	director	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajeev Gautam	officer: Pres. and CEO, PMT	C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202