Haynes International Inc
Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating … Read more
Haynes International Inc (HAYN) - Total Assets
Latest total assets as of June 2024: $685.76 Million USD
Based on the latest financial reports, Haynes International Inc (HAYN) holds total assets worth $685.76 Million USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Haynes International Inc - Total Assets Trend (1995–2023)
This chart illustrates how Haynes International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Haynes International Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Haynes International Inc's total assets of $685.76 Million consist of 76.3% current assets and 23.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $108.66 Million | 15.4% |
| Inventory | $414.08 Million | 58.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.66 Million | 0.8% |
| Goodwill | $4.79 Million | 0.7% |
Asset Composition Trend (1995–2023)
This chart illustrates how Haynes International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Haynes International Inc's current assets represent 76.3% of total assets in 2023, an increase from 68.3% in 1995.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2023, down from 3.3% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is inventory at 58.6% of total assets.
Haynes International Inc Competitors by Total Assets
Key competitors of Haynes International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Haynes International Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Haynes International Inc generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Haynes International Inc generates $5.94 in net profit.
Haynes International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.74 | 6.51 | 6.19 |
| Quick Ratio | 1.89 | 1.35 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $447.52 Million | $ 439.36 Million | $ 311.79 Million |
Haynes International Inc - Advanced Valuation Insights
This section examines the relationship between Haynes International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.72 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | 11.7% |
| Total Assets | $706.28 Million |
| Market Capitalization | $752.59 Million USD |
Valuation Analysis
Above Book Valuation: The market values Haynes International Inc's assets above their book value (1.07 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Haynes International Inc's assets grew by 11.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Haynes International Inc (1995–2023)
The table below shows the annual total assets of Haynes International Inc from 1995 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $706.28 Million | +11.70% |
| 2022-09-30 | $632.29 Million | +15.71% |
| 2021-09-30 | $546.46 Million | -2.54% |
| 2020-09-30 | $560.72 Million | -5.57% |
| 2019-09-30 | $593.80 Million | +0.87% |
| 2018-09-30 | $588.69 Million | -5.33% |
| 2017-09-30 | $621.82 Million | -4.28% |
| 2016-09-30 | $649.60 Million | +1.79% |
| 2015-09-30 | $638.19 Million | +4.49% |
| 2014-09-30 | $610.77 Million | +2.16% |
| 2013-09-30 | $597.85 Million | -4.64% |
| 2012-09-30 | $626.93 Million | +5.09% |
| 2011-09-30 | $596.57 Million | +8.16% |
| 2010-09-30 | $551.54 Million | +1.36% |
| 2009-09-30 | $544.15 Million | -11.89% |
| 2008-09-30 | $617.57 Million | +5.21% |
| 2007-09-30 | $586.97 Million | +31.65% |
| 2006-09-30 | $445.86 Million | +15.17% |
| 2005-09-30 | $387.12 Million | +7.31% |
| 2004-09-30 | $360.76 Million | +86.02% |
| 2003-09-30 | $193.94 Million | -17.33% |
| 2002-09-30 | $234.60 Million | -3.23% |
| 2001-09-30 | $242.44 Million | -0.38% |
| 2000-09-30 | $243.37 Million | +10.00% |
| 1999-09-30 | $221.24 Million | +6.74% |
| 1998-09-30 | $207.26 Million | -4.19% |
| 1997-09-30 | $216.32 Million | +33.95% |
| 1996-09-30 | $161.49 Million | +6.72% |
| 1995-09-30 | $151.32 Million | -- |