Balance Sheet Data

Northrop Grumman Corporation (NOC)

$540.21

+8.40 (+1.58%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 11,2251,5792,2454,9073,5306,095.066,624.507,199.937,825.358,505.09
Total Cash (%)
Account Receivables 3,9766,4746,6606,6416,9597,300.187,934.308,623.519,372.5810,186.72
Account Receivables (%)
Inventories 780654783759811918.44998.221,084.921,179.171,281.59
Inventories (%)
Accounts Payable 1,6612,1822,2261,8062,1972,429.252,640.272,869.613,118.883,389.80
Accounts Payable (%)
Capital Expenditure -928-1,249-1,264-1,420-1,415-1,496.94-1,626.97-1,768.30-1,921.90-2,088.85
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.