Lockheed Other Current Assets vs Accounts Payable Analysis

LMT Stock

USD 461.73 3.20 0.69%

Lockheed Martin financial indicator trend analysis is infinitely more than just investigating Lockheed Martin recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lockheed Martin is a good investment. Please check the relationship between Lockheed Martin Other Current Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lockheed Martin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lockheed Martin Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Lockheed Martin's Other Current Assets and Accounts Payable is -0.23. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lockheed Martin, assuming nothing else is changed. The correlation between historical values of Lockheed Martin's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Lockheed Martin are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Lockheed Martin's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Lockheed Martin obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lockheed Martin are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Lockheed Martin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lockheed Martin current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Lockheed Martin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.Selling General Administrative is likely to gain to about 734.2 M in 2024, despite the fact that Discontinued Operations is likely to grow to (47 M).

	2021	2022	2023	2024 (projected)
Interest Expense	569M	623M	916M	540.7M
Depreciation And Amortization	1.4B	1.4B	1.4B	1.1B

Interest Expense Depreciation And Amortization

Lockheed Martin fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		-0.91	-0.82	-0.76	-0.92	-0.35	-0.91	-0.89	-0.7	-0.75	-0.1	-0.28	-0.86	-0.3	-0.28	-0.87	-0.65	-0.71	-0.26	-0.13	-0.44	-0.8	-0.94	0.26	0.44	0.03
Total Assets	-0.91		0.85	0.69	0.94	0.24	0.84	0.94	0.61	0.8	0.1	0.37	0.98	0.45	0.37	0.68	0.81	0.87	0.46	0.15	0.17	0.94	0.95	-0.14	-0.34	0.19
Short Long Term Debt Total	-0.82	0.85		0.72	0.8	0.18	0.79	0.7	0.85	0.45	0.23	-0.02	0.83	0.29	-0.02	0.69	0.55	0.75	0.6	-0.05	0.38	0.8	0.8	-0.2	-0.67	-0.2
Other Current Liab	-0.76	0.69	0.72		0.69	0.51	0.86	0.59	0.63	0.59	-0.05	0.08	0.59	-0.18	0.08	0.79	0.3	0.42	0.17	0.11	0.66	0.52	0.8	-0.7	-0.72	-0.4
Total Current Liabilities	-0.92	0.94	0.8	0.69		0.23	0.84	0.96	0.61	0.74	0.33	0.28	0.91	0.44	0.27	0.74	0.79	0.78	0.26	0.07	0.18	0.88	0.93	-0.15	-0.25	0.18
Total Stockholder Equity	-0.35	0.24	0.18	0.51	0.23		0.6	0.27	0.12	0.44	-0.36	0.22	0.13	-0.41	0.22	0.47	-0.08	-0.24	-0.3	-0.29	0.46	-0.11	0.41	-0.5	-0.42	-0.48
Property Plant And Equipment Net	-0.91	0.84	0.79	0.86	0.84	0.6		0.81	0.57	0.74	-0.01	0.28	0.75	0.03	0.28	0.81	0.43	0.54	0.11	0.0	0.55	0.65	0.94	-0.42	-0.58	-0.26
Current Deferred Revenue	-0.89	0.94	0.7	0.59	0.96	0.27	0.81		0.45	0.79	0.19	0.47	0.9	0.5	0.47	0.65	0.82	0.78	0.24	0.19	0.06	0.87	0.93	-0.12	-0.11	0.3
Net Debt	-0.7	0.61	0.85	0.63	0.61	0.12	0.57	0.45		0.21	0.29	-0.24	0.61	0.17	-0.23	0.79	0.41	0.5	0.53	-0.11	0.45	0.55	0.55	-0.29	-0.69	-0.33
Retained Earnings	-0.75	0.8	0.45	0.59	0.74	0.44	0.74	0.79	0.21		-0.27	0.47	0.76	0.19	0.47	0.53	0.66	0.59	0.09	0.12	0.17	0.66	0.79	-0.07	-0.13	0.28
Accounts Payable	-0.1	0.1	0.23	-0.05	0.33	-0.36	-0.01	0.19	0.29	-0.27		-0.3	0.12	0.43	-0.3	0.14	0.24	0.17	-0.08	-0.23	-0.26	0.23	0.05	0.13	0.18	0.15
Cash	-0.28	0.37	-0.02	0.08	0.28	0.22	0.28	0.47	-0.24	0.47	-0.3		0.29	0.2	1.0	0.15	0.32	0.29	-0.09	0.47	0.0	0.3	0.46	-0.09	0.19	0.37
Non Current Assets Total	-0.86	0.98	0.83	0.59	0.91	0.13	0.75	0.9	0.61	0.76	0.12	0.29		0.54	0.29	0.6	0.86	0.92	0.56	0.11	0.04	0.96	0.88	-0.01	-0.27	0.28
Non Currrent Assets Other	-0.3	0.45	0.29	-0.18	0.44	-0.41	0.03	0.5	0.17	0.19	0.43	0.2	0.54		0.2	0.0	0.75	0.63	0.4	0.24	-0.55	0.61	0.27	0.42	0.42	0.71
Cash And Short Term Investments	-0.28	0.37	-0.02	0.08	0.27	0.22	0.28	0.47	-0.23	0.47	-0.3	1.0	0.29	0.2		0.15	0.32	0.28	-0.09	0.47	0.0	0.29	0.46	-0.09	0.19	0.37
Net Receivables	-0.87	0.68	0.69	0.79	0.74	0.47	0.81	0.65	0.79	0.53	0.14	0.15	0.6	0.0	0.15		0.39	0.38	0.06	-0.03	0.62	0.5	0.76	-0.49	-0.59	-0.32
Good Will	-0.65	0.81	0.55	0.3	0.79	-0.08	0.43	0.82	0.41	0.66	0.24	0.32	0.86	0.75	0.32	0.39		0.83	0.49	0.24	-0.28	0.85	0.66	0.19	0.14	0.65
Non Current Liabilities Total	-0.71	0.87	0.75	0.42	0.78	-0.24	0.54	0.78	0.5	0.59	0.17	0.29	0.92	0.63	0.28	0.38	0.83		0.66	0.3	-0.07	0.98	0.74	0.13	-0.15	0.42
Inventory	-0.26	0.46	0.6	0.17	0.26	-0.3	0.11	0.24	0.53	0.09	-0.08	-0.09	0.56	0.4	-0.09	0.06	0.49	0.66		0.19	-0.13	0.58	0.26	0.12	-0.32	0.14
Other Current Assets	-0.13	0.15	-0.05	0.11	0.07	-0.29	0.0	0.19	-0.11	0.12	-0.23	0.47	0.11	0.24	0.47	-0.03	0.24	0.3	0.19		0.01	0.25	0.2	-0.26	0.21	0.32
Other Stockholder Equity	-0.44	0.17	0.38	0.66	0.18	0.46	0.55	0.06	0.45	0.17	-0.26	0.0	0.04	-0.55	0.0	0.62	-0.28	-0.07	-0.13	0.01		0.0	0.37	-0.54	-0.79	-0.75
Total Liab	-0.8	0.94	0.8	0.52	0.88	-0.11	0.65	0.87	0.55	0.66	0.23	0.3	0.96	0.61	0.29	0.5	0.85	0.98	0.58	0.25	0.0		0.83	0.05	-0.18	0.37
Total Current Assets	-0.94	0.95	0.8	0.8	0.93	0.41	0.94	0.93	0.55	0.79	0.05	0.46	0.88	0.27	0.46	0.76	0.66	0.74	0.26	0.2	0.37	0.83		-0.33	-0.41	0.02
Short Term Debt	0.26	-0.14	-0.2	-0.7	-0.15	-0.5	-0.42	-0.12	-0.29	-0.07	0.13	-0.09	-0.01	0.42	-0.09	-0.49	0.19	0.13	0.12	-0.26	-0.54	0.05	-0.33		0.53	0.58
Intangible Assets	0.44	-0.34	-0.67	-0.72	-0.25	-0.42	-0.58	-0.11	-0.69	-0.13	0.18	0.19	-0.27	0.42	0.19	-0.59	0.14	-0.15	-0.32	0.21	-0.79	-0.18	-0.41	0.53		0.79
Common Stock	0.03	0.19	-0.2	-0.4	0.18	-0.48	-0.26	0.3	-0.33	0.28	0.15	0.37	0.28	0.71	0.37	-0.32	0.65	0.42	0.14	0.32	-0.75	0.37	0.02	0.58	0.79

Click cells to compare fundamentals

Lockheed Martin Account Relationship Matchups

Lockheed Martin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	283.8M	281.2M	277.4M	264.6M	251.2M	295.6M
Total Assets	47.5B	50.7B	50.9B	52.9B	52.5B	38.5B
Short Long Term Debt Total	12.7B	12.2B	11.7B	15.4B	17.5B	9.7B
Other Current Liab	4.4B	5.0B	5.1B	5.2B	5.3B	3.8B
Total Current Liabilities	14.0B	13.9B	14.0B	15.9B	16.9B	11.9B
Total Stockholder Equity	3.1B	6.0B	11.0B	9.3B	6.8B	4.2B
Property Plant And Equipment Net	6.6B	7.2B	7.6B	8.0B	8.4B	5.2B
Current Deferred Revenue	7.1B	7.5B	8.1B	8.5B	9.2B	5.8B
Net Debt	11.1B	9.0B	8.1B	12.9B	16.0B	16.8B
Retained Earnings	18.4B	21.6B	21.6B	16.9B	15.4B	11.6B
Accounts Payable	1.3B	880M	780M	2.1B	2.3B	1.8B
Cash	1.5B	3.2B	3.6B	2.5B	1.4B	2.0B
Non Current Assets Total	30.4B	31.3B	31.1B	31.9B	31.9B	24.4B
Non Currrent Assets Other	3.0B	3.4B	4.2B	4.0B	4.5B	4.0B
Cash And Short Term Investments	1.5B	3.2B	3.6B	2.5B	1.4B	2.0B
Net Receivables	11.4B	11.5B	12.5B	14.8B	15.3B	16.1B
Good Will	10.6B	10.8B	10.8B	10.8B	10.8B	10.1B
Liabilities And Stockholders Equity	47.5B	50.7B	50.9B	52.9B	52.5B	38.5B
Non Current Liabilities Total	30.4B	30.7B	25.9B	27.7B	28.7B	20.8B
Inventory	3.6B	3.5B	3.0B	3.1B	3.1B	3.3B
Other Current Assets	531M	1.2B	688M	533M	632M	805.3M
Other Stockholder Equity	44M	221M	94M	92M	82.8M	86.9M
Total Liab	44.4B	44.7B	39.9B	43.6B	45.6B	32.8B
Total Current Assets	17.1B	19.4B	19.8B	21.0B	20.5B	14.2B
Short Term Debt	1.3B	500M	6M	118M	168M	159.6M
Intangible Assets	3.2B	3.0B	2.7B	2.5B	2.2B	3.5B
Common Stock	280M	279M	271M	254M	240M	261.0M
Common Stock Total Equity	280M	279M	271M	254M	228.6M	270.8M
Property Plant And Equipment Gross	6.6B	7.2B	19.1B	20.1B	21.2B	22.2B
Accumulated Other Comprehensive Income	(15.6B)	(16.1B)	(11.0B)	(8.0B)	(8.8B)	(9.2B)
Other Liab	18.1B	19.1B	13.1B	11.4B	13.1B	13.9B
Other Assets	7.3B	10.3B	7.2B	10.7B	12.3B	7.1B
Long Term Debt	11.4B	11.7B	11.7B	15.4B	17.3B	9.5B
Property Plant Equipment	6.6B	7.2B	7.6B	8.0B	9.2B	5.4B
Net Tangible Assets	(10.7B)	(7.8B)	(2.6B)	(4.0B)	(4.6B)	(4.8B)
Noncontrolling Interest In Consolidated Entity	74M	55M	44M	23M	26.5M	26.7M
Retained Earnings Total Equity	18.4B	21.6B	21.6B	16.9B	19.5B	16.7B
Long Term Debt Total	11.4B	11.7B	11.7B	15.4B	17.7B	11.0B
Non Current Liabilities Other	19.0B	19.1B	14.2B	12.3B	5.2B	5.0B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Lockheed Martin is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lockheed Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lockheed Martin Stock. Highlighted below are key reports to facilitate an investment decision about Lockheed Martin Stock:

How To Invest In Lockheed

Details

Is Lockheed Stock a good investment?

Details

What is Lockheed Martin's Net Worth?

Details

Largest Aerospace & Defense Companies

View

Largest Industrials Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lockheed Martin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Lockheed Stock analysis

When running Lockheed Martin's price analysis, check to measure Lockheed Martin's 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 Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.

	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Bonds Directory Find actively traded corporate debentures issued by US companies

Is Lockheed Martin's industry 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 Lockheed Martin. If investors know Lockheed 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 Lockheed Martin 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

(0.03)

Dividend Share

12.3

Earnings Share

27.34

Revenue Per Share

282.172

Quarterly Revenue Growth

0.137

The market value of Lockheed Martin is measured differently than its book value, which is the value of Lockheed that is recorded on the company's balance sheet. Investors also form their own opinion of Lockheed Martin's value that differs from its market value or its book value, called intrinsic value, which is Lockheed Martin'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 Lockheed Martin's market value can be influenced by many factors that don't directly affect Lockheed Martin'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 Lockheed Martin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lockheed Martin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lockheed Martin'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lockheed Other Current Assets vs Accounts Payable Analysis

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Assets

Accounts Payable

Lockheed Martin fundamental ratios Correlations

Lockheed Martin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lockheed Martin fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Lockheed Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Current Deferred Revenue	+ 0.96	Total Current Liabilities
Total Liab	+ 0.96	Non Current Assets Total
Total Current Assets	+ 0.95	Total Assets

Total Current Assets	- 0.94	Common Stock Shares Outstanding
Total Current Liabilities	- 0.92	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.91	Common Stock Shares Outstanding
Total Assets	- 0.91	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.89	Common Stock Shares Outstanding
Net Receivables	- 0.87	Common Stock Shares Outstanding