NOCNEUTRAL

NOC Current Ratio Analysis

1.17x

Updated 417h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.17x means NOC has $1.17 in current assets for every $1 of short-term liabilities, a basic check on whether it can cover obligations due within a year.

Sector Performance

45th percentile

NOC

1.17x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

1.15x(Jul 2026)

↑ Improving

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Deep Analysis

The current ratio of 1.17x means NOC has $1.17 in current assets for every $1 of short-term liabilities, a basic check on whether it can cover obligations due within a year.

That level sits just below the sector median of 1.21x, placing NOC at the 46th percentile among sector peers, so it is roughly in line with the typical company. The year-over-year change is not available (N/A), but the quarter-over-quarter change is an increase of 1.7%, from 1.15x to 1.17x. With liquidity at about the sector average and a slight recent improvement, the metric shows neither a pressing short-term solvency problem nor a clear competitive edge. This combination supports a neutral risk stance: adequate, but not exceptional, liquidity. The current ratio aligns with the overall NEUTRAL verdict because the level and modest uptick do not point to either a major red flag or a distinct advantage.

Frequently Asked Questions

What does the Current Ratio tell investors about NOC?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

Who are NOC's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.