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Lockheed Martin Corporation  (LMT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Lockheed Martin's Quick Ratio

LMT's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.19 below Lockheed Martin's average Quick Ratio.

Within Aerospace & Defense industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 72, from total ranking in the third quarter 2023 at 2517.

Explain Quick Ratio?
How much Cash & cash equivalents LMTīs has?
What are LMTīs Current Liabilities?


LMT Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 4.7 % 11.69 % 13.31 % 6.15 % 25.62 %
Y / Y Cash & cash equivalent Change -43.38 % 46.13 % 106.93 % 29.58 % -29.33 %
Quick Ratio MRQ 0.19 0.38 0.39 0.28 0.34
LMT's Total Ranking # 72 # 2517 # 113 # 66 # 2057
Seq. Current Liabilities Change -16.31 % -2.76 % 10.11 % 16.85 % -10.73 %
Seq. Cash & cash equivalent Change -59.39 % -3.32 % 50.53 % -4.2 % 4.81 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Aerospace & Defense Industry # 2
Capital Goods Sector # 10
Overall Market # 72


Quick Ratio Statistics
High Average Low
0.61 0.26 0.08
(Dec 31 2021)   (Dec 31 2015)




Financial Statements
Lockheed Martin's Current Liabilities $ 7,747 Millions Visit LMT's Balance sheet
Lockheed Martin's Cash & cash equivalent $ 1,442 Millions Visit LMT's Balance sheet
Source of LMT's Sales Visit LMT's Sales by Geography


Cumulative Lockheed Martin's Quick Ratio

LMT's Quick Ratio for the trailling 12 Months

LMT Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 4.7 % 11.69 % 13.31 % 6.15 % 25.62 %
Y / Y Cash & cash equivalent TTM Growth -43.38 % 46.13 % 106.93 % 29.58 % -29.33 %
Quick Ratio TTM 0.32 0.35 0.33 0.28 0.27
Total Ranking TTM # 1433 # 3801 # 3802 # 2690 # 1516
Seq. Current Liabilities TTM Growth -16.31 % -2.76 % 10.11 % 16.85 % -10.73 %
Seq. Cash & cash equivalent TTM Growth -59.39 % -3.32 % 50.53 % -4.2 % 4.81 %


On the trailing twelve months basis Due to decline in Current Liabilities in the IV Quarter 2023 to $7,747.00 millions, cumulative Quick Ratio decreased to 0.32 above the LMT average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry 13 other companies have achieved higher Quick Ratio than Lockheed Martin. While Quick Ratio overall ranking has improved so far to 1433, from total ranking during the twelve months ending third quarter 2023 at 3801.

Explain Quick Ratio?
How much Cash & cash equivalents LMTīs has?
What are LMTīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 14
Capital Goods Sector # 118
Within the Market # 1433


trailing twelve months Quick Ratio Statistics
High Average Low
0.34 0.22 0.06
(Dec. 31, 2005)   (Jun 30 2019)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Aerospace & Defense Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Nextracker Inc   0.48 $ 367.818  Millions$ 759.437  Millions
Northrop Grumman Corp  0.40 $ 3,109.000  Millions$ 7,749.000  Millions
Spirit Aerosystems Holdings inc   0.37 $ 823.500  Millions$ 2,198.300  Millions
Teledyne Technologies Inc  0.37 $ 648.300  Millions$ 1,766.100  Millions
Lilium N v   0.32 $ 84.259  Millions$ 260.016  Millions
Kratos Defense and Security Solutions inc   0.25 $ 72.800  Millions$ 292.500  Millions
Ducommun Incorporated  0.23 $ 42.863  Millions$ 183.703  Millions
Aar Corp  0.20 $ 75.500  Millions$ 380.100  Millions
Lockheed Martin Corporation  0.19 $ 1,442.000  Millions$ 7,747.000  Millions
Boeing Co  0.17 $ 15,965.000  Millions$ 95,827.000  Millions
Vista Outdoor inc   0.13 $ 57.028  Millions$ 440.032  Millions
Kaman Corporation  0.10 $ 35.183  Millions$ 342.800  Millions
L3harris Technologies Inc   0.07 $ 560.000  Millions$ 8,004.000  Millions

Date modified: 2024-01-25T21:12:55+00:00



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