General Dynamics Corporation

NYSE GD

Download Data

General Dynamics Corporation Quick Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -7.62%

General Dynamics Corporation Quick Ratio 1 year YoY Change (%) is -7.62% for the quarter ending March 31, 2024, a 42.70% change year over year. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • General Dynamics Corporation Quick Ratio for the quarter ending March 31, 2023 was 0.94, a -13.30% change year over year.
  • General Dynamics Corporation Quick Ratio for the quarter ending March 31, 2022 was 1.09, a 11.82% change year over year.
  • General Dynamics Corporation Quick Ratio for the quarter ending March 31, 2021 was 0.97, a 0.13% change year over year.
  • General Dynamics Corporation Quick Ratio for the quarter ending March 31, 2020 was 0.97, a 17.67% change year over year.
NYSE: GD

General Dynamics Corporation

CEO Ms. Phebe N. Novakovic
IPO Date Jan. 3, 1977
Location United States
Headquarters 11011 Sunset Hills Road, Reston, VA, United States, 20190
Employees 111,600
Sector Industrials
Industry Aerospace & defense
Description

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

Similar companies

RTX

Raytheon Technologies Corp

NA

NA

LHX

L3Harris Technologies Inc

NA

NA

NOC

Northrop Grumman Corporation

NA

NA

BA

The Boeing Company

NA

NA

CW

Curtiss-Wright Corporation

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email