Howmet Aerospace Inc (HWM)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,554,000 | 4,503,000 | 4,277,000 | 4,086,000 | 4,037,000 | 3,872,000 | 3,775,000 | 3,761,000 | 3,601,000 | 3,273,000 | 3,421,000 | 3,457,000 | 3,508,000 | 3,579,000 | 3,598,000 | 3,662,000 | 3,580,000 | 3,501,000 | 3,449,000 | 4,783,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,554,000K
= 0.00
The debt-to-equity ratio of Howmet Aerospace Inc has consistently remained at 0.00 for each quarter from March 31, 2020, to December 31, 2024. This indicates that the company has not had any long-term debt or financial obligations in relation to its equity during this period. A debt-to-equity ratio of 0.00 implies that the company is entirely financed by equity rather than debt. This may suggest a conservative financial strategy, as the company is not heavily reliant on borrowing to fund its operations, acquisitions, or growth. It also indicates a strong financial position and stability, as the absence of debt obligations can reduce financial risk and increase the company's ability to weather economic uncertainties.
Peer comparison
Dec 31, 2024