Howmet Aerospace
0.0 %
125.15 %
Yet to be announced
Company Overview
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.
Revenue Sources
Based on review of Howmet Aerospace's revenue sources, their income is primarily derived from aerospace components manufacturing and engineering services. The company's main revenue streams come from legitimate manufacturing activities that involve real product creation and value addition. There are no indications of revenue from prohibited sources like gambling, alcohol, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $1.83b | $1.42b | - | $6.0m | 0.00% | 0.42% |
| June 30, 2024 | $1.88b | $1.53b | - | $49.0m | 0.00% | 3.20% |
| March 31, 2024 | $1.82b | $1.5b | - | $49.0m | 0.00% | 3.26% |
| Dec. 31, 2023 | $1.73b | $1.46b | - | $53.0m | 0.00% | 3.64% |
Looking at the last four quarters, Howmet's interest expenses were relatively modest compared to total expenses. The interest expense ratios for the past four quarters have consistently remained below the 5% threshold of total expenses, indicating that interest is not a material part of their business model.
Operational Ethics
After reviewing available public information, SEC filings, and company reports, there is no evidence of significant ongoing relationships with entities involved in human rights violations. The company's global operations appear to be focused on legitimate aerospace manufacturing activities.
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