L3Harris Technologies Inc

NYSE LHX

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L3Harris Technologies Inc Cash Ratio 1 year YoY Change (%) for the year ending June 30, 2023: -26.32%

L3Harris Technologies Inc Cash Ratio 1 year YoY Change (%) is -26.32% for the year ending June 30, 2023, a 15.91% change year over year. The cash ratio measures a company's ability to cover its current liabilities with its available cash. It is calculated by dividing cash by current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate obligations using its cash reserves. A higher cash ratio suggests a stronger ability to cover short-term liabilities. 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.
  • L3Harris Technologies Inc Cash Ratio for the year ending June 30, 2022 was 0.21, a -31.29% change year over year.
  • L3Harris Technologies Inc Cash Ratio for the year ending June 30, 2021 was 0.30, a 46.42% change year over year.
  • L3Harris Technologies Inc Cash Ratio for the year ending June 30, 2020 was 0.21, a -12.05% change year over year.
  • L3Harris Technologies Inc Cash Ratio for the year ending June 30, 2019 was 0.23.
NYSE: LHX

L3Harris Technologies Inc

CEO Mr. Christopher E. Kubasik CPA, CPA
IPO Date Dec. 31, 1981
Location United States
Headquarters 1025 West NASA Boulevard, Melbourne, FL, United States, 32919
Employees 50,000
Sector Industrials
Industry Aerospace & defense
Description

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

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StockViz Staff

September 19, 2024

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