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Huntington Ingalls Industries HII Payments For Advance To Affiliate

Payments For Advance To Affiliate at other companies

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Other financials

Income statement

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Revenue$3.1B+13.4%
Operating income$155.0M-3.7%
Net income$149.0M0.0%
EPS (diluted)$3.790.0%

Balance sheet

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Cash & equivalents$216.0M+29.3%
Total debt$2.9B+1.0%
Total assets$12.5B+3.6%

Cash flow

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Operating cash flow-$390.0M+1.3%
CapEx$74.0M+10.4%
Free cash flow-$464.0M-0.4%

Valuation

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Market cap$11.25B+86.9%
Enterprise value$13.96B+64.5%
P/E18.6×+7.6×
P/S0.9×+0.4×

Profitability

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Gross margin42.2%
Operating margin5.1%+0.3pp
Net margin4.7%-0.1pp
FCF margin6.2%+5.2pp

Returns & leverage

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Current ratio1.2×+0.1×

Where this comes from

Reported directly by Huntington Ingalls Industries in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForAdvanceToAffiliate.

The official record: Huntington Ingalls Industries’s 10-Q, filed August 1, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Huntington Ingalls Industries's payments for advance to affiliate?
Huntington Ingalls Industries (HII) reported payments for advance to affiliate of $4M in Q2 2023.
How has Huntington Ingalls Industries's payments for advance to affiliate changed year-over-year?
Huntington Ingalls Industries's payments for advance to affiliate increased by 220.0% year-over-year, from $1.25M to $4M.
What does payments for advance to affiliate mean?
Cash provided as loans or financial support to affiliated business entities.
How do you interpret payments for advance to affiliate?
An increase may signal strategic support for partners or potential liquidity issues at the affiliate level.
How does payments for advance to affiliate compare across companies?
Common in companies with complex corporate structures or significant joint venture operations.