Northrop Gross Profit vs Cost of Revenue Analysis
NOC Stock | USD 474.80 1.37 0.29% |
Northrop Grumman financial indicator trend analysis is infinitely more than just investigating Northrop Grumman recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northrop Grumman is a good investment. Please check the relationship between Northrop Grumman Gross Profit and its Cost Of Revenue accounts. 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.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northrop Grumman Gross Profit account and Cost of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Northrop Grumman's Gross Profit and Cost of Revenue is 0.25. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Northrop Grumman, assuming nothing else is changed. The correlation between historical values of Northrop Grumman's Gross Profit and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Northrop Grumman are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Gross Profit i.e., Northrop Grumman's Gross Profit and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Northrop Grumman minus its cost of goods sold. It is profit before Northrop Grumman operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Northrop Grumman income statement and represents the costs associated with goods and services Northrop Grumman provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Over EBITDA 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 Profit | 7.3B | 7.5B | 39.3B | 41.3B | Total Revenue | 35.7B | 36.6B | 39.3B | 21.7B |
Northrop Grumman fundamental ratios Correlations
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Northrop Grumman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northrop Grumman fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.1B | 44.5B | 42.6B | 43.8B | 46.5B | 24.1B | |
Short Long Term Debt Total | 14.1B | 16.3B | 14.4B | 14.7B | 15.7B | 16.5B | |
Other Current Liab | 3.1B | 4.5B | 4.3B | 4.3B | 3.4B | 2.7B | |
Total Current Liabilities | 9.4B | 9.6B | 9.5B | 11.6B | 11.9B | 12.5B | |
Total Stockholder Equity | 8.8B | 10.6B | 12.9B | 15.3B | 14.8B | 8.4B | |
Property Plant And Equipment Net | 8.4B | 8.6B | 9.5B | 10.6B | 11.5B | 12.0B | |
Net Debt | 11.8B | 11.4B | 10.8B | 12.1B | 12.6B | 13.2B | |
Retained Earnings | 8.7B | 10.5B | 12.9B | 15.3B | 14.8B | 15.5B | |
Cash | 2.2B | 4.9B | 3.5B | 2.6B | 3.1B | 1.9B | |
Non Current Assets Total | 30.4B | 29.1B | 30.2B | 31.3B | 32.8B | 16.9B | |
Non Currrent Assets Other | 1.4B | 1.5B | 1.9B | 2.3B | 2.2B | 1.6B | |
Cash And Short Term Investments | 2.2B | 4.9B | 3.5B | 2.6B | 3.1B | 1.9B | |
Net Receivables | 6.7B | 6.6B | 7.0B | 7.5B | 7.1B | 7.5B | |
Common Stock Shares Outstanding | 170M | 167.6M | 160.9M | 155.6M | 152M | 210.0M | |
Liabilities And Stockholders Equity | 41.1B | 44.5B | 42.6B | 43.8B | 46.5B | 24.1B | |
Non Current Liabilities Total | 22.8B | 24.3B | 20.1B | 16.9B | 19.8B | 20.8B | |
Inventory | 783M | 759M | 811M | 978M | 1.1B | 969.9M | |
Other Current Assets | 997M | 3.0B | 1.1B | 1.4B | 2.3B | 2.5B | |
Other Stockholder Equity | (97M) | 58M | (143M) | (153M) | (137.7M) | (130.8M) | |
Total Liab | 32.3B | 33.9B | 29.7B | 28.4B | 31.7B | 33.3B | |
Total Current Assets | 10.7B | 15.3B | 12.4B | 12.5B | 13.7B | 7.2B | |
Short Term Debt | 1.9B | 742M | 6M | 1.1B | 2.3B | 2.4B | |
Accounts Payable | 2.2B | 1.8B | 2.2B | 2.6B | 2.1B | 1.4B | |
Intangible Assets | 1.0B | 783M | 578M | 384M | 305M | 289.8M | |
Accumulated Other Comprehensive Income | (52M) | (97M) | (128M) | (143M) | (153M) | (134.4M) | |
Common Stock | 168M | 167M | 156M | 153M | 150M | 142.5M | |
Other Liab | 8.8B | 8.7B | 5.8B | 3.2B | 3.7B | 6.2B | |
Other Assets | 1.9B | 1.8B | 2.5B | 2.4B | 2.2B | 2.0B | |
Long Term Debt | 12.8B | 14.3B | 12.8B | 11.8B | 13.8B | 8.2B | |
Good Will | 18.7B | 17.5B | 17.5B | 17.5B | 17.5B | 15.0B | |
Property Plant Equipment | 6.9B | 7.1B | 7.9B | 8.8B | 10.1B | 10.6B | |
Current Deferred Revenue | 2.2B | 2.5B | 3.0B | 3.6B | 4.2B | 4.4B | |
Common Stock Total Equity | 168M | 167M | 156M | 153M | 137.7M | 130.8M | |
Property Plant And Equipment Gross | 8.4B | 8.6B | 16.4B | 17.9B | 19.4B | 20.4B | |
Net Tangible Assets | (10.9B) | (7.7B) | 12.3B | (2.6B) | (2.3B) | (2.4B) | |
Retained Earnings Total Equity | 8.7B | 10.5B | 12.9B | 15.3B | 17.6B | 10.8B | |
Long Term Debt Total | 12.8B | 14.3B | 12.8B | 11.8B | 13.6B | 9.9B | |
Deferred Long Term Liab | 317M | 319M | 490M | 132M | 151.8M | 117.6M | |
Non Current Liabilities Other | 10.1B | 10.0B | 6.9B | 4.9B | 2.8B | 2.7B |
Northrop Grumman Investors Sentiment
The influence of Northrop Grumman's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Northrop. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Northrop Grumman's public news can be used to forecast risks associated with an investment in Northrop. The trend in average sentiment can be used to explain how an investor holding Northrop can time the market purely based on public headlines and social activities around Northrop Grumman. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Northrop Grumman's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northrop Grumman's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Northrop Grumman's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Northrop Grumman.
Northrop Grumman Implied Volatility | 17.98 |
Northrop Grumman's implied volatility exposes the market's sentiment of Northrop Grumman stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northrop Grumman's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Northrop Grumman stock will not fluctuate a lot when Northrop Grumman's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northrop Grumman in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northrop Grumman's short interest history, or implied volatility extrapolated from Northrop Grumman options trading.
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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 0.149 | Dividend Share 7.48 | Earnings Share 14.34 | Revenue Per Share 266.459 | Quarterly Revenue Growth 0.089 |
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.