L3Harris Historical Balance Sheet

LHX Stock  USD 246.25  0.92  0.38%   
Trend analysis of L3Harris Technologies balance sheet accounts such as Total Current Liabilities of 8.4 B provides information on L3Harris Technologies' total assets, liabilities, and equity, which is the actual value of L3Harris Technologies to its prevalent stockholders. By breaking down trends over time using L3Harris Technologies 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.
 
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Financial Statement Analysis is much more than just reviewing and examining L3Harris Technologies 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 L3Harris Technologies is a good buy for the upcoming year.

L3Harris Technologies Inventory

1.55 Billion

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

About L3Harris Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of L3Harris Technologies at a specified time, usually calculated after every quarter, six months, or one year. L3Harris Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of L3Harris Technologies 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 L3Harris currently owns. An asset can also be divided into two categories, current and non-current.

L3Harris Technologies Balance Sheet Chart

At this time, L3Harris Technologies' Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 43.8 B in 2024, whereas Cash is likely to drop slightly above 376.4 M in 2024.

Total Assets

Total assets refers to the total amount of L3Harris Technologies 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 L3Harris Technologies 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 L3Harris Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of L3Harris Technologies 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.

Capital Lease Obligations

L3Harris Technologies capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to L3Harris Technologies asset purchases. For example, L3Harris Technologies can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as L3Harris Technologies control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from L3Harris Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into L3Harris Technologies 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 L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.At this time, L3Harris Technologies' Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 43.8 B in 2024, whereas Cash is likely to drop slightly above 376.4 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.8B7.8B14.0B14.6B
Total Assets34.7B33.5B41.7B43.8B

L3Harris Technologies balance sheet Correlations

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L3Harris Technologies Account Relationship Matchups

L3Harris Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets38.3B37.0B34.7B33.5B41.7B43.8B
Short Long Term Debt Total7.9B7.7B7.8B7.8B14.0B14.6B
Other Current Liab1.1B1.5B1.4B1.2B1.8B1.9B
Total Current Liabilities4.0B4.2B4.6B5.8B8.0B8.4B
Total Stockholder Equity22.6B20.7B19.2B18.5B18.8B19.7B
Property Plant And Equipment Net3.0B2.9B2.9B2.9B3.6B3.8B
Net Debt7.0B6.4B6.9B6.9B13.4B14.1B
Retained Earnings2.2B2.3B2.9B2.9B3.2B3.4B
Cash824M1.3B941M880M560M376.4M
Non Current Assets Total32.0B30.3B28.4B26.8B33.6B35.3B
Non Currrent Assets Other507M519M565M552M1.4B1.5B
Cash And Short Term Investments824M1.3B941M880M560M402.6M
Net Receivables3.9B4.1B4.2B1.3B4.4B4.6B
Common Stock Shares Outstanding223.7M215.9M203.2M193.5M190.6M164.6M
Liabilities And Stockholders Equity38.3B37.0B34.7B33.5B41.7B43.8B
Non Current Liabilities Total11.6B11.9B10.8B9.1B14.9B15.6B
Inventory1.2B973M982M1.3B1.5B1.5B
Other Current Assets392M342M272M3.3B1.6B1.7B
Other Stockholder Equity20.7B19.0B16.2B15.7B15.6B16.3B
Total Liab15.6B16.1B15.4B14.9B22.9B24.0B
Total Current Assets6.3B6.7B6.4B6.8B8.1B8.5B
Short Term Debt389M126M13M820M2.1B2.2B
Intangible Assets8.5B7.9B6.6B6.0B8.5B9.0B
Accounts Payable1.3B1.4B1.8B1.9B2.1B2.2B
Property Plant And Equipment Gross894M2.9B2.9B5.1B5.3B5.6B
Accumulated Other Comprehensive Income(508M)(839M)(146M)(288M)(198M)(207.9M)
Common Stock Total Equity120M118M119M208M239.2M251.2M
Common Stock218M208M194M191M190M135.4M
Good Will20.0B18.9B18.2B17.3B20.0B21.0B
Current Deferred Revenue1.2B1.2B1.3B1.4B1.9B2.0B
Net Tangible Assets(3.1B)(2.8B)(6.1B)(5.6B)(5.1B)(4.8B)
Retained Earnings Total Equity1.3B1.7B2.2B2.3B2.7B1.7B
Long Term Debt Total3.4B2.8B6.9B7.0B8.1B8.5B
Capital Surpluse1.7B1.8B19.0B16.2B18.7B19.6B
Deferred Long Term Liab90M12M1.2B26M29.9M28.4M
Non Current Liabilities Other537M3.7B1.1B1.2B2.9B3.0B
Property Plant Equipment900M894M2.1B2.9B3.3B3.5B
Other Liab1.3B1.7B5.4B3.0B3.5B2.9B

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Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.