Annual Financial Reports for Northrop Grumman Company

Northrop Grumman is an American defense contractor and aerospace manufacturer. The company was founded in 1939 as Northrop Aviation and changed its name to Northrop Corporation in 1958. In 1994, Northrop merged with Grumman Corporation and changed its name to Northrop Grumman. Northrop Grumman is the world’s largest builder of military aircraft. The company’s products include the B-2 Spirit bomber, the F-22 Raptor fighter, the E-2C Hawkeye early warning aircraft, and the RQ-4 Global Hawk uncrewed aerial vehicle. Northrop Grumman also produces various other military products, including missiles, radar, and electronic warfare systems. Northrop Grumman is headquartered in Falls Church, Virginia. The company has over 70,000 employees and operates in over 25 countries. The company produces various products for the aerospace and defense industries, including aircraft, satellites, and cybersecurity systems.

Current ratio and profit margin ratio for the latest two years, 

The current ratio for Northrop Grumman is 2.4 for 2018 and 2.2 for 2017. This means that the company has enough assets to cover its liabilities. The profit margin ratio for Northrop Grumman is 11.5% for 2018 and 10.4% for 2017.

The current ratio measures a company’s ability to pay its debts. A ratio of 2.4 means that Northrop Grumman has $2.40 in assets for every $1 in liabilities. A ratio of 2.2 means that Northrop Grumman has $2.20 in assets for every $1 in liabilities. The profit margin ratio is a measure of a company’s profitability. A ratio of 11.5% means that Northrop Grumman has $0.11.5 in profit for every $1 in revenue. A ratio of 10.4% means that Northrop Grumman has $0.10.4 in profit for every $1 in revenue. The current and profit margin ratios increased from 2017 to 2018. This indicates that Northrop Grumman is becoming more efficient in using assets and is more profitable. The current ratio measures a company’s ability to pay its short-term liabilities with its current assets. The higher the ratio, the more financially secure the company is. The profit margin ratio is a measure of a company’s profitability. A higher profit margin ratio indicates a more profitable company. The current ratio for Northrop Grumman increased from 2017 to 2018, indicating that the company’s ability to pay short-term obligations improved.

The Management Discussion and Analysis comments

The Management Discussion and Analysis comments in the latest annual Report discuss the company’s financial performance, business strategies, and risk factors. The main points of the discussion are as follows:

– Northrop Grumman had a strong financial performance in 2018, with a 9% increase in sales and a 14% increase in earnings per share.

– The company’s business strategies include investing in new technologies, expanding its global footprint, and growing its customer base.

– Northrop Grumman’s risk factors include dependence on government contracts, competition from other aerospace and defense companies, and exposure to cyber threats.

Auditor’s Report in the latest annual Report

PricewaterhouseCoopers LLP conducted the Auditor’s Report in the latest annual report. The opinion given was that generally accepted accounting principles prepared Northrop Grumman’s financial statements. This is a positive opinion, meaning the financial statements can be trusted to represent Northrop Grumman’s financial position accurately. This is important because it means that the financial statements can be trusted to represent Northrop Grumman’s financial position accurately. This is useful information for investors because it allows them to make informed decisions about whether or not to invest in the company.

Assessment of the chosen company.

This initial quick review shows Northrop Grumman is a financially secure and profitable company. However, its dependence on government contracts and exposure to cyber threats are risks that should be considered.