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Howmet Aerospace (Howmet Aerospace) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)


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What is Howmet Aerospace Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Howmet Aerospace's operating assets for the quarter that ended in Mar. 2024 was $9,877 Mil. Howmet Aerospace's operating liabilities for the quarter that ended in Mar. 2024 was $2,632 Mil. Howmet Aerospace's Total Assets for the quarter that ended in Dec. 2023 was $10,428 Mil. Therefore, Howmet Aerospace's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.


Howmet Aerospace Scaled Net Operating Assets Historical Data

The historical data trend for Howmet Aerospace's Scaled Net Operating 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 Scaled Net Operating Assets Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.41 0.62 0.69 0.71

Howmet Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating 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 0.71 0.72 0.72 0.71 0.70

Competitive Comparison of Howmet Aerospace's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, Howmet Aerospace's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Scaled Net Operating Assets falls into.



Howmet Aerospace Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Howmet Aerospace's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(9818-2556)/10255
=0.71

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10428 - 610
=9818

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6391 - 3597 - 238
=2556

Howmet Aerospace's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(9877-2632)/10428
=0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10410 - 533
=9877

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6324 - 3486 - 206
=2632

* 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 Scaled Net Operating Assets Related Terms

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Howmet Aerospace (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 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.
Executives
Gunner Smith director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Neil Edward Marchuk officer: Executive Vice President 12025 TECH CENTER DRIVE, LIVONIA MI 48150
Barbara Lou Shultz officer: Vice President and Controller 201 ISABELLA STREET, PITTSBURGH PA 15212
Ken Giacobbe officer: Exec VP and CFO ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Niem Chanatry officer: Vice President 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Lola Felice Lin officer: EVP, CLO and Secretary 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Sharon R Barner director 500 JACKSON STREET, COLUMBUS IN 47201
Jody Miller director 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Nicole Weyerhaeuser Piasecki director 2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
Tolga I Oal director, officer: Co-Chief Executive Officer 201 ISABELLA STREET, PITTSTBURGH PA 15212
Joseph S Cantie director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Katherine H Ramundo officer: EVP, CLO & Secretary C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
Timothy Donald Myers officer: Executive Vice President ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
W Paul Myron officer: Vice President and Controller ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608

Howmet Aerospace (Howmet Aerospace) Headlines