Northrop Short Term Debt vs Other Stockholder Equity 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 Short Term Debt and its Other Stockholder Equity 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.
Short Term Debt vs Other Stockholder Equity
Short Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northrop Grumman Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Northrop Grumman's Short Term Debt and Other Stockholder Equity is -0.43. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity 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 Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Northrop Grumman are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Northrop Grumman's Short Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Other Stockholder Equity
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 |
Northrop Grumman fundamental ratios Correlations
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Northrop Grumman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.