Howmet Aerospace (HWM)

Net assets on the balance sheet as of June 2024 : NZ$7.16 Billion

According to Howmet Aerospace 's latest financial reports the company has NZ$7.16 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	$NZ$6.38 B	12.55%
2022-12-31	$NZ$5.67 B	10.43%
2021-12-31	$NZ$5.13 B	3.6%
2020-12-31	$NZ$4.95 B	-27.5%
2019-12-31	$NZ$6.83 B	-17.88%
2018-12-31	$NZ$8.32 B	20.09%
2017-12-31	$NZ$6.93 B	-6.58%
2016-12-31	$NZ$7.42 B	-64.05%
2015-12-31	$NZ$20.64 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Raytheon Technologies RTX	NZ$105.25 B	1,369.70%	🇺🇸 USA
Triumph Group TGI	-NZ$0.21 Billion	-102.80%	🇺🇸 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 June 2024 : NZ$7.16 Billion