Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $64,586 | $64,470 | $62,275 | $61,525 | $75,196 |
Liabilities | $47,037 | $45,901 | $45,578 | $45,669 | $56,577 |
Equity | $17,549 | $18,569 | $16,697 | $15,856 | $18,619 |
Edwyn
Over the past 5 years, Honeywell International Inc has shown some interesting trends in its financial position. Total assets have fluctuated, starting at 64.59 billion in 2020, dropping to 61.53 billion in 2023, before experiencing a significant increase to 75.20 billion in 2024. This increase in assets in 2024 could be attributed to strategic investments or acquisitions made by the company during that period. On the other hand, total liabilities have shown a more consistent trend, decreasing slightly from 47.04 billion in 2020 to 45.67 billion in 2023, before increasing to 56.58 billion in 2024. This increase in liabilities in 2024 might indicate increased borrowing or debt obligations taken on by the company. Stockholders' equity has also varied over the years, with notable fluctuations. Starting at 17.55 billion in 2020, it increased to 18.57 billion in 2021, before dropping to 15.86 billion in 2023, and then recovering to 18.62 billion in 2024. The fluctuations in equity could be due to factors such as changes in retained earnings, stock repurchases, or fluctuations in the company's valuation. Overall, these financial indicators suggest that Honeywell has been actively managing its capital structure and making strategic financial decisions to support its growth and profitability. It would be important to further analyze the company's financial statements and industry performance to fully understand the impact of these trends on its overall financial health and competitive position.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.