Northrop Grumman Stock Current Ratio
NOCG34 Stock | BRL 588.23 0.47 0.08% |
Northrop Grumman fundamentals help investors to digest information that contributes to Northrop Grumman's financial success or failures. It also enables traders to predict the movement of Northrop Stock. The fundamental analysis module provides a way to measure Northrop Grumman's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northrop Grumman stock.
Northrop |
Northrop Grumman Company Current Ratio Analysis
Northrop Grumman's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Northrop Grumman Current Ratio | 1.49 X |
Most of Northrop Grumman's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northrop Grumman is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Northrop Grumman has a Current Ratio of 1.49 times. This is 27.67% lower than that of the Industrials sector and 46.98% lower than that of the Aerospace & Defense industry. The current ratio for all Brazil stocks is 31.02% higher than that of the company.
Northrop Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northrop Grumman's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northrop Grumman could also be used in its relative valuation, which is a method of valuing Northrop Grumman by comparing valuation metrics of similar companies.Northrop Grumman is currently under evaluation in current ratio category among its peers.
Northrop Fundamentals
Return On Equity | 0.35 | |||
Return On Asset | 0.0918 | |||
Profit Margin | 0.13 % | |||
Operating Margin | 0.17 % | |||
Current Valuation | 504.47 B | |||
Shares Outstanding | 765.27 M | |||
Price To Earning | 12.53 X | |||
Price To Book | 5.76 X | |||
Price To Sales | 12.31 X | |||
Revenue | 36.6 B | |||
Gross Profit | 7.47 B | |||
EBITDA | 7.68 B | |||
Net Income | 4.9 B | |||
Cash And Equivalents | 3.94 B | |||
Cash Per Share | 4.92 X | |||
Total Debt | 11.8 B | |||
Debt To Equity | 1.27 % | |||
Current Ratio | 1.49 X | |||
Book Value Per Share | 20.00 X | |||
Cash Flow From Operations | 2.9 B | |||
Earnings Per Share | 32.74 X | |||
Price To Earnings To Growth | 10.54 X | |||
Number Of Employees | 95 K | |||
Beta | 0.5 | |||
Market Capitalization | 375.74 B | |||
Total Asset | 43.76 B | |||
Z Score | 18.6 | |||
Annual Yield | 0.01 % | |||
Net Asset | 43.76 B | |||
Last Dividend Paid | 6.76 |
About Northrop Grumman Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northrop Grumman's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northrop Grumman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northrop Grumman based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.Additional Information and Resources on Investing in Northrop Stock
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 nation. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.