L3Harris Technologies, Inc.

L3Harris Technologies, Inc.verified

LHX

Price:

$231.04

Market Cap:

$43.82B

L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other ...[Read more]

Industry

Aerospace & Defense

IPO Date

1981-12-31

Stock Exchange

NYSE

Ticker

LHX

The Current Ratio as of July 2024 (TTM) for L3Harris Technologies, Inc. (LHX) is 0.96

According to L3Harris Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of -1.86% compared to the average of 0.98 of the last 4 quarters.

L3Harris Technologies, Inc. (LHX) Historical Current Ratio (quarterly & annually)

How has LHX Current Ratio performed in the past?

The mean historical Current Ratio of L3Harris Technologies, Inc. over the last ten years is 1.28. The current 0.96 Current Ratio has changed 7.39% with respect to the historical average. Over the past ten years (40 quarters), LHX's Current Ratio was at its highest in in the April 2015 quarter at 1.93. The Current Ratio was at its lowest in in the September 2023 quarter at 0.88.

Quarterly (TTM)
Annual

Average

1.28

Median

1.26

Minimum

0.99

Maximum

1.57

L3Harris Technologies, Inc. (LHX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of L3Harris Technologies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 38.51%

Maximum Annual Current Ratio = 1.57

Minimum Annual Increase = -21.61%

Minimum Annual Current Ratio = 0.99

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.99-15.46%
20221.17-16.31%
20211.40-11.14%
20211.57-0.13%
20191.5738.51%
20191.14-5.45%
20181.2011.69%
20171.08-18.74%
20161.32-5.37%
20151.40-21.61%

L3Harris Technologies, Inc. (LHX) Average Current Ratio

How has LHX Current Ratio performed in the past?

The current Current Ratio of L3Harris Technologies, Inc. (LHX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.19

5-year avg

1.34

10-year avg

1.28

L3Harris Technologies, Inc. (LHX) Current Ratio vs. Peers

How is LHX’s Current Ratio compared to its peers?

L3Harris Technologies, Inc.’s Current Ratio is less than Lockheed Martin Corporation (1.30), less than General Dynamics Corporation (1.44), less than Raytheon Technologies Corporation (1.07), greater than Huntington Ingalls Industries, Inc. (0.96), less than Northrop Grumman Corporation (1.11), less than The Boeing Company (1.14), less than Curtiss-Wright Corporation (2.02), less than Hexcel Corporation (2.74),

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