Northrop Debt Ratio from 2010 to 2024

NOC Stock

USD 485.27 11.60 2.33%

Northrop Grumman's Debt Ratio is increasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.18. During the period from 2010 to 2024 Northrop Grumman Debt Ratio annual values regression line had geometric mean of 0.22 and mean square error of 0.01. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.2976968

Current Value

0.18

Quarterly Volatility

0.10507622

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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.

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.

Latest Northrop Grumman's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Northrop Grumman over the last few years. It is Northrop Grumman's Debt 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 Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Northrop Debt Ratio Regression Statistics

	Arithmetic Mean	0.25
	Geometric Mean	0.22
	Coefficient Of Variation	41.51
	Mean Deviation	0.08
	Median	0.28
	Standard Deviation	0.11
	Sample Variance	0.01
	Range	0.3918
	R-Value	0.30
	Mean Square Error	0.01
	R-Squared	0.09
	Significance	0.27
	Slope	0.01
	Total Sum of Squares	0.15

Northrop Debt Ratio History

	2024	0.18
	2022	0.29
	2021	0.3
	2020	0.34
	2019	0.0454
	2018	0.38
	2017	0.44

Other Fundumenentals of Northrop Grumman

Cash Flow To Debt Ratio

Northrop Grumman Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.8	0.71	0.59	0.82	0.86	0.88	0.28	0.92	0.47	-0.74	0.88	0.92	0.7	0.63	-0.08	0.83	-0.74	0.13	0.55	0.14	0.54	0.53	-0.67	-0.23
Total Stockholder Equity	0.8		0.52	0.73	0.69	0.59	0.68	-0.08	0.76	0.17	-0.62	0.52	0.73	0.67	0.75	0.33	0.47	-0.52	-0.04	0.41	-0.09	0.7	0.61	-0.58	-0.42
Net Debt	0.71	0.52		0.4	0.96	0.87	0.48	0.14	0.76	0.66	-0.45	0.78	0.83	0.93	0.78	-0.2	0.8	-0.5	-0.36	0.76	-0.11	0.74	0.63	-0.94	-0.65
Retained Earnings	0.59	0.73	0.4		0.58	0.63	0.56	0.11	0.51	-0.22	-0.81	0.38	0.58	0.62	0.78	0.15	0.33	-0.78	-0.23	0.41	0.1	0.61	0.5	-0.33	-0.59
Net Receivables	0.82	0.69	0.96	0.58		0.93	0.63	0.14	0.85	0.58	-0.6	0.81	0.9	0.96	0.86	-0.07	0.82	-0.61	-0.3	0.77	0.0	0.77	0.65	-0.91	-0.67
Total Liab	0.86	0.59	0.87	0.63	0.93		0.76	0.31	0.8	0.5	-0.76	0.88	0.91	0.86	0.76	-0.22	0.87	-0.79	-0.2	0.75	0.22	0.6	0.55	-0.74	-0.53
Total Current Assets	0.88	0.68	0.48	0.56	0.63	0.76		0.24	0.71	0.24	-0.65	0.85	0.7	0.53	0.48	-0.05	0.81	-0.65	0.16	0.52	0.55	0.42	0.42	-0.39	-0.13
Short Term Debt	0.28	-0.08	0.14	0.11	0.14	0.31	0.24		0.32	0.31	-0.42	0.32	0.35	-0.03	-0.13	-0.79	0.29	-0.58	0.44	0.19	0.08	-0.3	-0.32	-0.12	0.3
Accounts Payable	0.92	0.76	0.76	0.51	0.85	0.8	0.71	0.32		0.56	-0.66	0.82	0.91	0.72	0.61	-0.06	0.77	-0.65	0.15	0.55	0.0	0.55	0.43	-0.8	-0.28
Intangible Assets	0.47	0.17	0.66	-0.22	0.58	0.5	0.24	0.31	0.56		-0.12	0.58	0.63	0.42	0.16	-0.34	0.61	-0.17	0.11	0.34	-0.23	0.12	0.06	-0.71	-0.02
Common Stock	-0.74	-0.62	-0.45	-0.81	-0.6	-0.76	-0.65	-0.42	-0.66	-0.12		-0.56	-0.79	-0.51	-0.56	0.1	-0.47	0.94	-0.12	-0.34	-0.11	-0.28	-0.24	0.34	0.24
Long Term Debt	0.88	0.52	0.78	0.38	0.81	0.88	0.85	0.32	0.82	0.58	-0.56		0.81	0.71	0.53	-0.27	0.98	-0.63	0.01	0.67	0.38	0.48	0.45	-0.69	-0.26
Good Will	0.92	0.73	0.83	0.58	0.9	0.91	0.7	0.35	0.91	0.63	-0.79	0.81		0.78	0.69	-0.15	0.77	-0.78	0.02	0.57	-0.08	0.52	0.46	-0.79	-0.36
Property Plant Equipment	0.7	0.67	0.93	0.62	0.96	0.86	0.53	-0.03	0.72	0.42	-0.51	0.71	0.78		0.95	0.0	0.74	-0.52	-0.54	0.81	-0.03	0.88	0.78	-0.88	-0.83
Current Deferred Revenue	0.63	0.75	0.78	0.78	0.86	0.76	0.48	-0.13	0.61	0.16	-0.56	0.53	0.69	0.95		0.15	0.54	-0.53	-0.6	0.73	-0.07	0.91	0.81	-0.75	-0.89
Net Tangible Assets	-0.08	0.33	-0.2	0.15	-0.07	-0.22	-0.05	-0.79	-0.06	-0.34	0.1	-0.27	-0.15	0.0	0.15		-0.28	0.29	-0.05	-0.35	-0.03	0.21	0.14	0.11	-0.2
Long Term Debt Total	0.83	0.47	0.8	0.33	0.82	0.87	0.81	0.29	0.77	0.61	-0.47	0.98	0.77	0.74	0.54	-0.28		-0.56	-0.09	0.72	0.4	0.52	0.47	-0.72	-0.32
Capital Surpluse	-0.74	-0.52	-0.5	-0.78	-0.61	-0.79	-0.65	-0.58	-0.65	-0.17	0.94	-0.63	-0.78	-0.52	-0.53	0.29	-0.56		-0.1	-0.38	-0.14	-0.29	-0.25	0.38	0.25
Accumulated Depreciation	0.13	-0.04	-0.36	-0.23	-0.3	-0.2	0.16	0.44	0.15	0.11	-0.12	0.01	0.02	-0.54	-0.6	-0.05	-0.09	-0.1		-0.53	0.1	-0.58	-0.63	0.33	0.81
Short Long Term Debt	0.55	0.41	0.76	0.41	0.77	0.75	0.52	0.19	0.55	0.34	-0.34	0.67	0.57	0.81	0.73	-0.35	0.72	-0.38	-0.53		0.23	0.66	0.67	-0.72	-0.64
Cash And Equivalents	0.14	-0.09	-0.11	0.1	0.0	0.22	0.55	0.08	0.0	-0.23	-0.11	0.38	-0.08	-0.03	-0.07	-0.03	0.4	-0.14	0.1	0.23		-0.08	-0.06	0.23	0.07
Net Invested Capital	0.54	0.7	0.74	0.61	0.77	0.6	0.42	-0.3	0.55	0.12	-0.28	0.48	0.52	0.88	0.91	0.21	0.52	-0.29	-0.58	0.66	-0.08		0.83	-0.71	-0.84
Long Term Investments	0.53	0.61	0.63	0.5	0.65	0.55	0.42	-0.32	0.43	0.06	-0.24	0.45	0.46	0.78	0.81	0.14	0.47	-0.25	-0.63	0.67	-0.06	0.83		-0.6	-0.7
Net Working Capital	-0.67	-0.58	-0.94	-0.33	-0.91	-0.74	-0.39	-0.12	-0.8	-0.71	0.34	-0.69	-0.79	-0.88	-0.75	0.11	-0.72	0.38	0.33	-0.72	0.23	-0.71	-0.6		0.61
Capital Stock	-0.23	-0.42	-0.65	-0.59	-0.67	-0.53	-0.13	0.3	-0.28	-0.02	0.24	-0.26	-0.36	-0.83	-0.89	-0.2	-0.32	0.25	0.81	-0.64	0.07	-0.84	-0.7	0.61

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About Northrop Grumman Financial Statements

Northrop Grumman stakeholders use historical fundamental indicators, such as Northrop Grumman's Debt 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 Ratio	0.30	0.18
Cash Flow To Debt Ratio	0.28	0.55

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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:

How To Invest In Northrop

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Is Northrop Stock a good investment?

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What is Northrop Grumman's Net Worth?

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Largest Aerospace & Defense Companies

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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 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.

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

16.2

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.

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Northrop Debt Ratio from 2010 to 2024

Latest Northrop Grumman's Debt Ratio Growth Pattern

Northrop Debt Ratio Regression Statistics

Northrop Debt Ratio History

Other Fundumenentals of Northrop Grumman

Northrop Grumman Debt Ratio component correlations

About Northrop Grumman Financial Statements

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