Honeywell Aerospace Inc. (HONA) Balance Sheet
HONA balance sheet, 2025
December 31, 2025 · U.S. dollars$17.68B assets = $9.19B liabilities + $8.50B equity
Both columns are drawn to the same scale: what HONA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HONA financial health
Descriptive bands, not a rating. Fiscal 2025.
HONA balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $16.84B2024 | $17.68B2025 | +5.0%/yr | |
| Total liabilities | $8.02B2024 | $9.19B2025 | +14.6%/yr | |
| Shareholders’ equity | $8.74B2024 | $8.40B2025 | −3.9%/yr | |
| Cash & short-term investments | $244.0M2024 | $213.0M2025 | −12.7%/yr | |
| Working capital | $1.85B2024 | $1.81B2025 | −$38.0M | |
| Book value per share | $27.582024 | $26.512025 | −3.9%/yr | |
| Current ratio | 1.322024 | 1.282025 | −0.04 | |
| Shares outstanding | 316.8M2024 | 316.8M2025 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HONA assets
HONA liabilities and equity
HONA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HONA balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $213.0M | $244.0M |
| Cash & equivalents | $213.0M | $244.0M |
| Receivables | $3.52B | $2.02B |
| Inventory | $4.31B | $3.89B |
| Other current assets | $344.0M | $1.52B |
| Total current assets | $8.39B | $7.67B |
| Property, plant & equipment (net) | $2.35B | $2.25B |
| Goodwill & intangible assets | $5.20B | $5.16B |
| Long-term investments | $0 | $0 |
| Other non-current assets | $1.74B | $1.76B |
| Total assets | $17.68B | $16.84B |
| Liabilities | ||
| Accounts payable | $3.13B | $2.87B |
| Short-term debt | $35.0M | — |
| Deferred revenue | $1.59B | — |
| Total current liabilities | $6.58B | $5.82B |
| Long-term debt | $0 | $0 |
| Lease obligations | $271.0M | $237.0M |
| Other long-term liabilities | $2.61B | $2.20B |
| Total liabilities | $9.19B | $8.02B |
| Shareholders' equity | ||
| Common stock & paid-in capital | $8.61B | — |
| Accumulated other comprehensive income | −$210.0M | — |
| Minority interest | $97.0M | $92.0M |
| Total shareholders' equity | $8.40B | $8.74B |
| Key figures | ||
| Total debt | $271.0M | — |
| Net cash (debt) | −$58.0M | — |
| Working capital | $1.81B | $1.85B |
| Tangible book value | $3.20B | $3.57B |
| Book value per share | $26.51 | $27.58 |
| Shares outstanding | 316.8M | 316.8M |
| Current ratio | 1.28 | 1.32 |
| Quick ratio | 0.57 | 0.39 |
| Debt / equity | 0.03 | — |
| Equity / assets | 47.5% | 51.9% |
| Jun '26 | Mar '26 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $1.06B | $1.00B |
| Cash & equivalents | $1.06B | $1.00B |
| Receivables | $3.87B | $3.62B |
| Inventory | $4.47B | $4.44B |
| Other current assets | $446.0M | $336.0M |
| Total current assets | $9.84B | $9.40B |
| Property, plant & equipment (net) | $2.25B | $2.18B |
| Goodwill & intangible assets | $5.21B | $5.28B |
| Long-term investments | $0 | $0 |
| Other non-current assets | $2.06B | $4.50B |
| Total assets | $19.37B | $21.36B |
| Liabilities | ||
| Accounts payable | $3.05B | $2.63B |
| Short-term debt | $37.0M | — |
| Deferred revenue | $1.59B | $1.57B |
| Total current liabilities | $6.45B | $5.81B |
| Long-term debt | $15.85B | $15.85B |
| Lease obligations | $37.0M | — |
| Other long-term liabilities | $2.69B | $3.16B |
| Total liabilities | $24.99B | $24.82B |
| Shareholders' equity | ||
| Common stock & paid-in capital | — | $3.0M |
| Accumulated other comprehensive income | −$210.0M | −$171.0M |
| Minority interest | $74.0M | $104.0M |
| Total shareholders' equity | −$5.70B | −$3.56B |
| Key figures | ||
| Total debt | $15.89B | $15.85B |
| Net cash (debt) | −$14.83B | −$14.85B |
| Working capital | $3.39B | $3.59B |
| Tangible book value | −$10.91B | −$8.84B |
| Book value per share | −$17.98 | −$11.23 |
| Shares outstanding | 316.8M | 316.8M |
| Current ratio | 1.53 | 1.62 |
| Quick ratio | 0.76 | 0.80 |
| Equity / assets | −29.4% | −16.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
HONA financial position
At the end of fiscal 2025 (December 31, 2025), Honeywell Aerospace had total assets of $17.7 billion (up 5.0% from a year earlier), total liabilities of $9.2 billion and shareholders' equity of $8.4 billion. It held $213.0 million in cash and short-term investments against $271.0 million of debt, net debt of $58.0 million. Its current ratio was 1.28. In the latest quarter (ended June 30, 2026) total assets were $19.4 billion and equity -$5.7 billion.
Related: HONA income statement, HONA cash flow statement, HONA key metrics. See the HONA stock overview for the latest quote and news.
HONA balance sheet FAQ
What are Honeywell Aerospace's total assets?
Honeywell Aerospace reported total assets of $17.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $16.8 billion a year earlier.
How much debt does Honeywell Aerospace have?
Honeywell Aerospace had $271.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.03.
How much cash does Honeywell Aerospace have?
Honeywell Aerospace held $213.0 million in cash and short-term investments at the end of fiscal 2025; with $271.0 million of debt that is net debt of $58.0 million.
What is Honeywell Aerospace's book value?
Honeywell Aerospace's shareholders' equity (book value) was $8.4 billion at the end of fiscal 2025, or $26.51 per share.
What is Honeywell Aerospace's current ratio?
Honeywell Aerospace had current assets of $8.4 billion and current liabilities of $6.6 billion, a current ratio of 1.28 (it can cover its short-term obligations).
How much goodwill does Honeywell Aerospace have?
Honeywell Aerospace carried $5.2 billion of goodwill and intangible assets, 29.4% of total assets, at the end of fiscal 2025.