Northrop Historical Balance Sheet

NOC Stock

USD 485.27 11.60 2.33%

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.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Northrop Grumman latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northrop Grumman is a good buy for the upcoming year.

Northrop Grumman Inventory

969.91 Million

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 closely tied 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

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 Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Accumulated Depreciation

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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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Northrop Grumman fixed asset that has been charged to Northrop Grumman expense since that asset was acquired and made available for Northrop Grumman use. The accumulated depreciation account is Northrop Grumman asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Northrop Grumman.

Most accounts from Northrop Grumman's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 closely tied 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 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	14.4B	14.7B	15.7B	16.5B
Total Assets	42.6B	43.8B	46.5B	24.1B

Short Long Term Debt Total Total Assets

Northrop Grumman balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.81	0.81	0.78	0.8	0.7	0.71	0.59	0.3	0.98	0.84	0.3	0.82	-0.05	0.84	0.61	0.57	0.06	0.86	0.88	0.28	0.92	0.47	-0.74	0.36	0.12
Short Long Term Debt Total	0.81		0.69	0.86	0.52	0.83	0.87	0.55	0.28	0.77	0.72	0.28	0.91	-0.26	0.95	0.52	0.62	-0.13	0.96	0.76	0.3	0.77	0.51	-0.64	0.35	-0.07
Other Current Liab	0.81	0.69		0.81	0.82	0.84	0.75	0.47	0.05	0.8	0.81	0.05	0.82	-0.21	0.62	0.63	0.76	0.36	0.71	0.7	-0.25	0.74	0.39	-0.39	-0.06	0.06
Total Current Liabilities	0.78	0.86	0.81		0.76	0.96	0.88	0.74	0.04	0.79	0.89	0.04	0.96	-0.03	0.8	0.79	0.79	0.17	0.9	0.63	0.08	0.77	0.36	-0.67	0.18	0.15
Total Stockholder Equity	0.8	0.52	0.82	0.76		0.67	0.52	0.73	0.15	0.8	0.89	0.15	0.69	0.19	0.48	0.73	0.61	0.41	0.59	0.68	-0.08	0.76	0.17	-0.62	-0.06	0.18
Property Plant And Equipment Net	0.7	0.83	0.84	0.96	0.67		0.93	0.59	-0.11	0.73	0.83	-0.11	0.96	-0.27	0.73	0.67	0.78	0.18	0.84	0.52	-0.05	0.72	0.42	-0.46	0.05	0.14
Net Debt	0.71	0.87	0.75	0.88	0.52	0.93		0.4	-0.2	0.77	0.72	-0.2	0.96	-0.38	0.8	0.49	0.68	0.07	0.87	0.48	0.14	0.76	0.66	-0.45	0.2	0.05
Retained Earnings	0.59	0.55	0.47	0.74	0.73	0.59	0.4		0.31	0.56	0.84	0.31	0.58	0.36	0.53	0.86	0.52	-0.08	0.63	0.56	0.11	0.51	-0.22	-0.81	0.17	0.41
Cash	0.3	0.28	0.05	0.04	0.15	-0.11	-0.2	0.31		0.09	0.09	1.0	-0.03	0.2	0.31	0.12	-0.01	-0.25	0.23	0.68	0.22	0.09	-0.29	-0.36	0.22	-0.21
Non Current Assets Total	0.98	0.77	0.8	0.79	0.8	0.73	0.77	0.56	0.09		0.85	0.09	0.84	-0.07	0.81	0.61	0.55	0.09	0.84	0.76	0.28	0.95	0.54	-0.73	0.35	0.2
Non Currrent Assets Other	0.84	0.72	0.81	0.89	0.89	0.83	0.72	0.84	0.09	0.85		0.09	0.83	-0.01	0.66	0.82	0.66	0.06	0.77	0.67	0.05	0.8	0.18	-0.71	0.08	0.38
Cash And Short Term Investments	0.3	0.28	0.05	0.04	0.15	-0.11	-0.2	0.31	1.0	0.09	0.09		-0.03	0.2	0.31	0.12	-0.01	-0.25	0.23	0.68	0.22	0.09	-0.29	-0.36	0.22	-0.21
Net Receivables	0.82	0.91	0.82	0.96	0.69	0.96	0.96	0.58	-0.03	0.84	0.83	-0.03		-0.19	0.85	0.62	0.73	0.16	0.93	0.63	0.14	0.85	0.58	-0.6	0.23	0.08
Common Stock Shares Outstanding	-0.05	-0.26	-0.21	-0.03	0.19	-0.27	-0.38	0.36	0.2	-0.07	-0.01	0.2	-0.19		-0.1	0.27	0.01	0.28	-0.08	-0.02	0.02	-0.12	-0.31	-0.46	0.31	0.08
Non Current Liabilities Total	0.84	0.95	0.62	0.8	0.48	0.73	0.8	0.53	0.31	0.81	0.66	0.31	0.85	-0.1		0.5	0.59	-0.16	0.98	0.77	0.4	0.76	0.53	-0.75	0.61	0.04
Inventory	0.61	0.52	0.63	0.79	0.73	0.67	0.49	0.86	0.12	0.61	0.82	0.12	0.62	0.27	0.5		0.55	0.05	0.62	0.49	-0.07	0.57	-0.16	-0.71	0.1	0.47
Other Current Assets	0.57	0.62	0.76	0.79	0.61	0.78	0.68	0.52	-0.01	0.55	0.66	-0.01	0.73	0.01	0.59	0.55		0.35	0.68	0.5	-0.16	0.4	0.3	-0.4	0.14	-0.01
Other Stockholder Equity	0.06	-0.13	0.36	0.17	0.41	0.18	0.07	-0.08	-0.25	0.09	0.06	-0.25	0.16	0.28	-0.16	0.05	0.35		-0.05	-0.02	-0.43	0.1	0.27	0.15	-0.32	-0.32
Total Liab	0.86	0.96	0.71	0.9	0.59	0.84	0.87	0.63	0.23	0.84	0.77	0.23	0.93	-0.08	0.98	0.62	0.68	-0.05		0.76	0.31	0.8	0.5	-0.76	0.5	0.08
Total Current Assets	0.88	0.76	0.7	0.63	0.68	0.52	0.48	0.56	0.68	0.76	0.67	0.68	0.63	-0.02	0.77	0.49	0.5	-0.02	0.76		0.24	0.71	0.24	-0.65	0.3	-0.07
Short Term Debt	0.28	0.3	-0.25	0.08	-0.08	-0.05	0.14	0.11	0.22	0.28	0.05	0.22	0.14	0.02	0.4	-0.07	-0.16	-0.43	0.31	0.24		0.32	0.31	-0.42	0.6	-0.04
Accounts Payable	0.92	0.77	0.74	0.77	0.76	0.72	0.76	0.51	0.09	0.95	0.8	0.09	0.85	-0.12	0.76	0.57	0.4	0.1	0.8	0.71	0.32		0.56	-0.66	0.25	0.15
Intangible Assets	0.47	0.51	0.39	0.36	0.17	0.42	0.66	-0.22	-0.29	0.54	0.18	-0.29	0.58	-0.31	0.53	-0.16	0.3	0.27	0.5	0.24	0.31	0.56		-0.12	0.32	-0.37
Common Stock	-0.74	-0.64	-0.39	-0.67	-0.62	-0.46	-0.45	-0.81	-0.36	-0.73	-0.71	-0.36	-0.6	-0.46	-0.75	-0.71	-0.4	0.15	-0.76	-0.65	-0.42	-0.66	-0.12		-0.61	-0.29
Other Liab	0.36	0.35	-0.06	0.18	-0.06	0.05	0.2	0.17	0.22	0.35	0.08	0.22	0.23	0.31	0.61	0.1	0.14	-0.32	0.5	0.3	0.6	0.25	0.32	-0.61		0.2
Other Assets	0.12	-0.07	0.06	0.15	0.18	0.14	0.05	0.41	-0.21	0.2	0.38	-0.21	0.08	0.08	0.04	0.47	-0.01	-0.32	0.08	-0.07	-0.04	0.15	-0.37	-0.29	0.2

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Northrop Grumman Account Relationship Matchups

Northrop Grumman balance sheet 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	14.6B	16.3B	14.4B	14.7B	15.7B	16.5B
Other Current Liab	3.1B	4.3B	4.0B	4.0B	5.3B	2.8B
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	1.0B	290M	1.4B	370M	678.5M
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

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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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For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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 Historical Balance Sheet

Northrop Grumman Inventory

969.91 Million

About Northrop Balance Sheet Analysis

Northrop Grumman Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Accumulated Depreciation

Northrop Grumman balance sheet Correlations

Northrop Grumman Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northrop Grumman balance sheet Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Total Liab	+ 0.96	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.96	Total Current Liabilities
Net Receivables	+ 0.96	Total Current Liabilities

Common Stock	- 0.81	Retained Earnings
Common Stock	- 0.76	Total Liab
Common Stock	- 0.75	Non Current Liabilities Total
Common Stock	- 0.74	Total Assets
Common Stock	- 0.73	Non Current Assets Total
Common Stock	- 0.71	Inventory