Northrop Grumman CorporationNOCNYSE
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Current Ratio Over Time
Trending lower, below historical average.
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Current ratio (current assets / current liabilities)
Latest
1.01
↓ 23% below average
Average (9y)
1.32
Historical baseline
Range
High:2.35
Low:1.01
CAGR
-1.5%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 1.01 | -12.0% |
| 2023 | 1.15 | +6.5% |
| 2022 | 1.08 | -17.3% |
| 2021 | 1.30 | -18.6% |
| 2020 | 1.60 | +41.4% |
| 2019 | 1.13 | -3.2% |
| 2018 | 1.17 | -50.2% |
| 2017 | 2.35 | +92.8% |
| 2016 | 1.22 | +4.9% |
| 2015 | 1.16 | - |