Northrop Operating Income vs Ebitda Analysis

NOC Stock

USD 469.54 2.41 0.52%

Northrop Grumman financial indicator trend analysis is infinitely more than just investigating Northrop Grumman recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northrop Grumman is a good investment. Please check the relationship between Northrop Grumman Operating Income and its Ebitda accounts. 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.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northrop Grumman Operating Income account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Northrop Grumman's Operating Income and Ebitda is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Northrop Grumman, assuming nothing else is changed. The correlation between historical values of Northrop Grumman's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Northrop Grumman are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Northrop Grumman's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Northrop Grumman operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northrop Grumman is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from Northrop Grumman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 20.73, whereas Selling General Administrative is forecasted to decline to about 3 B.

	2021	2022	2023	2024 (projected)
Gross Profit	7.3B	7.5B	39.3B	41.3B
Total Revenue	35.7B	36.6B	39.3B	21.7B

Gross Profit Total Revenue

Northrop Grumman fundamental ratios 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	0.58	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		0.72	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	0.58	0.72		0.91	0.66	0.94	0.8	0.57	-0.05	0.58	0.75	-0.05	0.85	-0.12	0.62	0.7	0.86	0.33	0.74	0.49	-0.3	0.54	0.28	-0.38	-0.05	0.05
Total Current Liabilities	0.78	0.86	0.91		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	0.66	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	0.94	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	0.8	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	0.57	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	0.58	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	0.75	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	0.85	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	-0.12	-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	0.7	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	0.86	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	0.33	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	0.74	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	0.49	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	-0.3	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	0.54	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	0.28	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	-0.38	-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	-0.05	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	0.05	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 fundamental ratios 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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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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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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 Operating Income vs Ebitda Analysis

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

Northrop Grumman fundamental ratios Correlations

Northrop Grumman Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northrop Grumman fundamental ratios Accounts

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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
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