Northrop Debt Equity Ratio from 2010 to 2024
| NOC Stock | USD 496.41 4.43 0.90% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.93653261 | Current Value 0.62 | Quarterly Volatility 0.55613935 |
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop Grumman's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 572.2 M or Total Revenue of 21.7 B, as well as many indicators such as Price To Sales Ratio of 1.9, Dividend Yield of 0.0303 or PTB Ratio of 5.03. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules.
Northrop | Debt Equity Ratio |
Latest Northrop Grumman's Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Northrop Grumman over the last few years. It is Northrop Grumman's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northrop Grumman's overall financial position and show how it may be relating to other accounts over time.
| Debt Equity Ratio | 10 Years Trend |
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Debt Equity Ratio |
| Timeline |
Northrop Debt Equity Ratio Regression Statistics
| Arithmetic Mean | 0.95 | |
| Geometric Mean | 0.79 | |
| Coefficient Of Variation | 58.37 | |
| Mean Deviation | 0.43 | |
| Median | 0.94 | |
| Standard Deviation | 0.56 | |
| Sample Variance | 0.31 | |
| Range | 1.9545 | |
| R-Value | 0.25 | |
| Mean Square Error | 0.31 | |
| R-Squared | 0.06 | |
| Significance | 0.38 | |
| Slope | 0.03 | |
| Total Sum of Squares | 4.33 |
Northrop Debt Equity Ratio History
About Northrop Grumman Financial Statements
Northrop Grumman stakeholders use historical fundamental indicators, such as Northrop Grumman's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northrop Grumman's assets and liabilities are reflected in the revenues and expenses on Northrop Grumman's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt Equity Ratio | 0.94 | 0.62 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 the analysis of Northrop Grumman Correlation against competitors. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Aerospace & Defense space 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 0.133 | Dividend Share 7.86 | Earnings Share 16.23 | Revenue Per Share 276.412 | Quarterly Revenue Growth 0.023 |
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.