Northrop Debt to Equity Ratio vs Interest Expense Analysis

NOC Stock  USD 477.36  7.45  1.59%   
Trend analysis of Northrop Grumman balance sheet accounts such as Total Current Liabilities of 12.5 B provides information on Northrop Grumman's total assets, liabilities, and equity, which is the actual value of Northrop Grumman to its prevalent stockholders. By breaking down trends over time using Northrop Grumman balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

About Northrop Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Northrop Grumman at a specified time, usually calculated after every quarter, six months, or one year. Northrop Grumman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northrop Grumman and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northrop currently owns. An asset can also be divided into two categories, current and non-current.

Northrop Grumman Balance Sheet Chart

Northrop Grumman Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Northrop Grumman uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Northrop Grumman's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 12 B, whereas Total Assets are forecasted to decline to about 24.1 B.

Total Assets

Total assets refers to the total amount of Northrop Grumman assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northrop Grumman books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Northrop Grumman balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northrop Grumman are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Northrop Grumman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northrop Grumman current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.At present, Northrop Grumman's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 20.73, whereas Selling General Administrative is forecasted to decline to about 3 B.
 2021 2022 2023 2024 (projected)
Gross Profit7.3B7.5B39.3B41.3B
Total Revenue35.7B36.6B39.3B21.7B

Northrop Grumman fundamental ratios Correlations

0.820.790.780.80.70.710.590.30.980.860.30.82-0.050.840.610.570.060.860.880.270.92-0.19-0.740.360.12
0.820.750.890.570.880.90.560.240.780.760.240.94-0.270.930.550.68-0.040.960.760.470.77-0.43-0.610.3-0.05
0.790.750.770.770.80.740.420.080.770.680.080.82-0.180.640.480.710.380.710.69-0.10.76-0.41-0.40.050.05
0.780.890.770.760.960.880.740.040.790.870.040.96-0.030.80.790.790.170.90.630.510.77-0.29-0.670.180.15
0.80.570.770.760.670.520.730.150.80.880.150.690.190.480.730.610.410.590.680.110.760.03-0.62-0.060.18
0.70.880.80.960.670.930.59-0.110.730.77-0.110.96-0.270.730.670.780.180.840.520.420.72-0.42-0.460.050.14
0.710.90.740.880.520.930.4-0.20.770.68-0.20.96-0.380.80.490.680.070.870.480.440.76-0.51-0.450.20.05
0.590.560.420.740.730.590.40.310.560.880.310.580.360.530.860.52-0.080.630.560.440.510.13-0.810.170.41
0.30.240.080.040.15-0.11-0.20.310.090.221.0-0.030.20.310.12-0.01-0.250.230.680.040.090.15-0.360.22-0.21
0.980.780.770.790.80.730.770.560.090.850.090.84-0.070.810.610.550.090.840.760.290.95-0.21-0.730.350.2
0.860.760.680.870.880.770.680.880.220.850.220.810.060.710.810.590.020.80.740.410.82-0.06-0.790.140.29
0.30.240.080.040.15-0.11-0.20.311.00.090.22-0.030.20.310.12-0.01-0.250.230.680.040.090.15-0.360.22-0.21
0.820.940.820.960.690.960.960.58-0.030.840.81-0.03-0.190.850.620.730.160.930.630.420.85-0.4-0.60.230.08
-0.05-0.27-0.18-0.030.19-0.27-0.380.360.2-0.070.060.2-0.19-0.10.270.010.28-0.08-0.020.0-0.120.5-0.460.310.08
0.840.930.640.80.480.730.80.530.310.810.710.310.85-0.10.50.59-0.160.980.770.50.76-0.32-0.750.610.04
0.610.550.480.790.730.670.490.860.120.610.810.120.620.270.50.550.050.620.490.450.57-0.19-0.710.10.47
0.570.680.710.790.610.780.680.52-0.010.550.59-0.010.730.010.590.550.350.680.50.320.4-0.13-0.40.14-0.01
0.06-0.040.380.170.410.180.07-0.08-0.250.090.02-0.250.160.28-0.160.050.35-0.05-0.02-0.270.10.090.15-0.32-0.32
0.860.960.710.90.590.840.870.630.230.840.80.230.93-0.080.980.620.68-0.050.760.520.8-0.32-0.760.50.08
0.880.760.690.630.680.520.480.560.680.760.740.680.63-0.020.770.490.5-0.020.760.190.71-0.12-0.650.3-0.07
0.270.47-0.10.510.110.420.440.440.040.290.410.040.420.00.50.450.32-0.270.520.190.240.06-0.450.3-0.01
0.920.770.760.770.760.720.760.510.090.950.820.090.85-0.120.760.570.40.10.80.710.24-0.31-0.660.250.15
-0.19-0.43-0.41-0.290.03-0.42-0.510.130.15-0.21-0.060.15-0.40.5-0.32-0.19-0.130.09-0.32-0.120.06-0.31-0.060.080.01
-0.74-0.61-0.4-0.67-0.62-0.46-0.45-0.81-0.36-0.73-0.79-0.36-0.6-0.46-0.75-0.71-0.40.15-0.76-0.65-0.45-0.66-0.06-0.61-0.29
0.360.30.050.18-0.060.050.20.170.220.350.140.220.230.310.610.10.14-0.320.50.30.30.250.08-0.610.2
0.12-0.050.050.150.180.140.050.41-0.210.20.29-0.210.080.080.040.47-0.01-0.320.08-0.07-0.010.150.01-0.290.2
Click cells to compare fundamentals

Northrop Grumman Account Relationship Matchups

Northrop Grumman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.1B44.5B42.6B43.8B46.5B24.1B
Short Long Term Debt Total14.1B16.3B14.4B14.7B15.7B16.5B
Other Current Liab3.1B4.5B4.3B4.3B3.4B2.7B
Total Current Liabilities9.4B9.6B9.5B11.6B11.9B12.5B
Total Stockholder Equity8.8B10.6B12.9B15.3B14.8B8.4B
Property Plant And Equipment Net8.4B8.6B9.5B10.6B11.5B12.0B
Net Debt11.8B11.4B10.8B12.1B12.6B13.2B
Retained Earnings8.7B10.5B12.9B15.3B14.8B15.5B
Cash2.2B4.9B3.5B2.6B3.1B1.9B
Non Current Assets Total30.4B29.1B30.2B31.3B32.8B16.9B
Non Currrent Assets Other1.4B1.5B1.9B2.3B2.2B1.6B
Cash And Short Term Investments2.2B4.9B3.5B2.6B3.1B1.9B
Net Receivables6.7B6.6B7.0B7.5B7.1B7.5B
Common Stock Shares Outstanding170M167.6M160.9M155.6M152M210.0M
Liabilities And Stockholders Equity41.1B44.5B42.6B43.8B46.5B24.1B
Non Current Liabilities Total22.8B24.3B20.1B16.9B19.8B20.8B
Inventory783M759M811M978M1.1B969.9M
Other Current Assets997M3.0B1.1B1.4B2.3B2.5B
Other Stockholder Equity(97M)58M(143M)(153M)(137.7M)(130.8M)
Total Liab32.3B33.9B29.7B28.4B31.7B33.3B
Total Current Assets10.7B15.3B12.4B12.5B13.7B7.2B
Short Term Debt1.9B742M6M1.1B2.3B2.4B
Accounts Payable2.2B1.8B2.2B2.6B2.1B1.4B
Intangible Assets1.0B783M578M384M305M289.8M
Accumulated Other Comprehensive Income(52M)(97M)(128M)(143M)(153M)(134.4M)
Common Stock168M167M156M153M150M142.5M
Other Liab8.8B8.7B5.8B3.2B3.7B6.2B
Other Assets1.9B1.8B2.5B2.4B2.2B2.0B
Long Term Debt12.8B14.3B12.8B11.8B13.8B8.2B
Good Will18.7B17.5B17.5B17.5B17.5B15.0B
Property Plant Equipment6.9B7.1B7.9B8.8B10.1B10.6B
Current Deferred Revenue2.2B2.5B3.0B3.6B4.2B4.4B
Common Stock Total Equity168M167M156M153M137.7M130.8M
Property Plant And Equipment Gross8.4B8.6B16.4B17.9B19.4B20.4B
Net Tangible Assets(10.9B)(7.7B)12.3B(2.6B)(2.3B)(2.4B)
Retained Earnings Total Equity8.7B10.5B12.9B15.3B17.6B10.8B
Long Term Debt Total12.8B14.3B12.8B11.8B13.6B9.9B
Deferred Long Term Liab317M319M490M132M151.8M117.6M
Non Current Liabilities Other10.1B10.0B6.9B4.9B2.8B2.7B

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When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Northrop Stock analysis

When running Northrop Grumman's price analysis, check to measure Northrop Grumman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Dividend Share
7.34
Earnings Share
13.53
Revenue Per Share
259.34
Quarterly Revenue Growth
0.06
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.