Howmet Aerospace (HWM)

Net assets on the balance sheet as of September 2024 : A$6.91 Billion

According to Howmet Aerospace 's latest financial reports the company has A$6.91 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Howmet Aerospace - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$5.92 B	11.98%
2022-12-31	$A$5.29 B	9.36%
2021-12-31	$A$4.83 B	4.02%
2020-12-31	$A$4.65 B	-29.27%
2019-12-31	$A$6.57 B	-17.04%
2018-12-31	$A$7.92 B	25.7%
2017-12-31	$A$6.30 B	-11.57%
2016-12-31	$A$7.13 B	-63.23%
2015-12-31	$A$19.39 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Raytheon Technologies RTX	A$96.53 B	1,295.94%	🇺🇸 USA
Triumph Group TGI	-A$0.19 Billion	-102.66%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Howmet Aerospace (HWM) - Net assets

Net assets on the balance sheet as of September 2024 : A$6.91 Billion