Current Assets

Other current assets

Northrop Grumman Other current assets increased by 12.8% to $1.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.2%, from $1.34B to $1.87B. Over 5 years (FY 2020 to FY 2025), Other current assets shows an upward trend with a 3.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Large, unexpected increases may warrant investigation into potential accounting adjustments or non-recurring items.

Detailed definition

This is a catch-all category for current assets that do not fit into standard classifications like cash, receivables, or...

Peer comparison

Standard across all industries; usually a minor component of the balance sheet.

Metric ID: current_assets_other_assets_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$630.00M$737.00M$1.13B$713.00M$961.00M$1.28B$1.44B$924.00M$1.23B$1.68B$2.34B$2.08B$1.36B$1.23B$1.29B$1.34B$1.25B$1.52B$1.66B$1.87B
QoQ Change+17.0%+52.8%-36.7%+34.8%+32.9%+12.7%-35.8%+33.3%+36.3%+39.4%-11.0%-34.6%-9.5%+4.3%+4.4%-7.2%+22.1%+8.9%+12.8%
YoY Change+52.5%+73.3%+27.8%+29.6%+28.2%+31.5%+62.7%+125.4%+10.6%-26.6%-45.1%-35.6%-8.7%+23.3%+28.8%+39.2%
Range$630.00M$2.34B
CAGR+25.7%
Avg YoY Growth+26.1%
Median YoY Growth+28.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Northrop Grumman's other current assets?
Northrop Grumman (NOC) reported other current assets of $1.87B in Q1 2026.
How has Northrop Grumman's other current assets changed year-over-year?
Northrop Grumman's other current assets increased by 39.2% year-over-year, from $1.34B to $1.87B.
What is the long-term trend for Northrop Grumman's other current assets?
Over 5 years (2020 to 2025), Northrop Grumman's other current assets has grown at a 3.4% compound annual growth rate (CAGR), from $1.40B to $1.66B.
What does other current assets mean?
Miscellaneous current assets that do not fall into standard categories like cash or inventory.