Northrop Grumman Quick Ratio 2010-2024 | NOC

Northrop Grumman quick ratio for the quarter ending September 30, 2024 was 0.97.

  • Northrop Grumman average quick ratio for 2023 was 1.1, a 0.9% decline from 2022.
  • Northrop Grumman average quick ratio for 2022 was 1.11, a 17.16% decline from 2021.
  • Northrop Grumman average quick ratio for 2021 was 1.34, a 0% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Northrop Grumman Quick Ratio 2010-2024 | NOC

  • Northrop Grumman average quick ratio for 2023 was 1.1, a 0.9% decline from 2022.
  • Northrop Grumman average quick ratio for 2022 was 1.11, a 17.16% decline from 2021.
  • Northrop Grumman average quick ratio for 2021 was 1.34, a 0% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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