Northrop Historical Balance Sheet
NOC Stock | USD 489.65 0.57 0.12% |
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.
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.
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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
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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.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 Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 12.5 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 |
Northrop Grumman balance sheet Correlations
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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 | 5.6B | 5.9B | |
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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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 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.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 16.21 | 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.