Howmet Aerospace Inc (HWM) — Defensive Interval Ratio
Howmet Aerospace Inc (HWM) has a Defensive Interval Ratio of 165 days as of June 2026. Defensive assets of $1.04 Billion (cash $-, short-term investments $-, receivables $1.04 Billion) cover 165 days of daily cash needs of $6.32 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Howmet Aerospace Inc Defensive Interval Ratio (2002–2025)
This chart shows how Howmet Aerospace Inc's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 165 days, meaning defensive assets of $1.04 Billion can fund 165 days of operations without new revenue. For the complete balance sheet picture, see Howmet Aerospace Inc total assets.
Annual Defensive Interval Ratio for Howmet Aerospace Inc (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for Howmet Aerospace Inc from 2002 to 2025, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Howmet Aerospace Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 317 days | $1.54 Billion | $4.85 Million/day | $742.00 Million | $- | ▲ +17 days |
| 2024 | 300 days | $1.27 Billion | $4.24 Million/day | $564.00 Million | $- | ▲ +34 days |
| 2023 | 266 days | $1.30 Billion | $4.89 Million/day | $610.00 Million | $- | ▼ -61 days |
| 2022 | 327 days | $1.33 Billion | $4.06 Million/day | $791.00 Million | $- | ▼ -5 days |
| 2021 | 332 days | $1.14 Billion | $3.43 Million/day | $720.00 Million | $- | ▼ -100 days |
| 2020 | 433 days | $1.97 Billion | $4.55 Million/day | $1.61 Billion | $- | ▲ +211 days |
| 2019 | 222 days | $2.51 Billion | $11.30 Million/day | $1.58 Billion | $- | ▼ -169 days |
| 2018 | 391 days | $3.77 Billion | $9.64 Million/day | $2.28 Billion | $- | ▼ -64 days |
| 2017 | 455 days | $3.52 Billion | $7.74 Million/day | $2.15 Billion | $- | ▼ -120 days |
| 2016 | 575 days | $4.33 Billion | $7.53 Million/day | $1.86 Billion | $1.02 Billion | ▲ +363 days |
| 2015 | 213 days | $3.04 Billion | $14.28 Million/day | $- | $1.69 Billion | ▼ -7 days |
| 2014 | 220 days | $3.34 Billion | $15.18 Million/day | $- | $1.94 Billion | ▲ +33 days |
| 2013 | 187 days | $3.13 Billion | $16.73 Million/day | $- | $1.91 Billion | ▼ -34 days |
| 2012 | 221 days | $3.60 Billion | $16.28 Million/day | $- | $1.86 Billion | ▲ +81 days |
| 2011 | 140 days | $2.31 Billion | $16.47 Million/day | $- | $371.00 Million | ▼ -14 days |
| 2010 | 155 days | $2.22 Billion | $14.35 Million/day | $- | $326.00 Million | ▼ -64 days |
| 2009 | 219 days | $3.24 Billion | $14.83 Million/day | $- | $1.06 Billion | ▼ -7 days |
| 2008 | 226 days | $4.51 Billion | $19.94 Million/day | $- | $1.92 Billion | ▲ +122 days |
| 2007 | 104 days | $2.04 Billion | $19.63 Million/day | $- | $2.04 Billion | ▲ +17 days |
| 2006 | 86 days | $1.72 Billion | $19.95 Million/day | $- | $1.72 Billion | ▲ +18 days |
| 2005 | 68 days | $1.37 Billion | $20.19 Million/day | $- | $1.37 Billion | ▼ -52 days |
| 2004 | 120 days | $2.07 Billion | $17.25 Million/day | $- | $2.07 Billion | ▲ +114 days |
| 2002 | 6 days | $69.00 Million | $12.22 Million/day | $- | $69.00 Million | — |