SELECT * FROM `stock_list` where symbol='0K92' AND exchange = 'LTS' limit 0,1
SELECT * FROM `stock_list` where symbol='0K92' AND exchange = 'LTS' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "0K92" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Northrop Grumman (LTS:0K92) Total Assets
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Northrop Grumman (LTS:0K92) Total Assets : $47,818 Mil (As of Mar. 2024)


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What is Northrop Grumman Total Assets?

Northrop Grumman's Total Assets for the quarter that ended in Mar. 2024 was $47,818 Mil.

During the past 12 months, Northrop Grumman's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 3.20% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year. During the past 10 years, the average Total Assets Growth Rate was 8.80% per year.

During the past 13 years, Northrop Grumman's highest 3-Year average Total Assets Growth Rate was 64.80%. The lowest was -8.50%. And the median was 2.00%.

Total Assets is connected with ROA %. Northrop Grumman's annualized ROA % for the quarter that ended in Mar. 2024 was 8.00%. Total Assets is also linked to Revenue through Asset Turnover. Northrop Grumman's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.


Northrop Grumman Total Assets Historical Data

The historical data trend for Northrop Grumman's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northrop Grumman Total Assets Chart

Northrop Grumman Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,089.00 44,469.00 42,579.00 43,755.00 46,544.00

Northrop Grumman Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44,244.00 45,609.00 44,896.00 46,544.00 47,818.00

Northrop Grumman Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Northrop Grumman's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=14795+31749
=46,544

Northrop Grumman's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=14223+33595
=47,818

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrop Grumman  (LTS:0K92) Total Assets Explanation

Total Assets is connected with ROA %.

Northrop Grumman's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3776/( (46544+47818)/ 2 )
=3776/47181
=8.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Northrop Grumman's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=10133/( (46544+47818)/ 2 )
=10133/47181
=0.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Northrop Grumman Total Assets Related Terms

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Northrop Grumman (LTS:0K92) Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Northrop Grumman (LTS:0K92) Headlines

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