Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company has been moved to the archive! The financial data has not been updated since October 28, 2020.

Analysis of Liquidity Ratios 
Quarterly Data

Microsoft Excel

Liquidity Ratios (Summary)

General Dynamics Corp., liquidity ratios (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Current ratio 1.29 1.27 1.34 1.18 1.11 1.09 1.23 1.23 1.27 1.20 1.34 1.40 1.37 1.27 1.26 1.20 1.29 1.19 1.14 1.17 1.16 1.24 1.25
Quick ratio 0.84 0.81 0.91 0.73 0.69 0.66 0.76 0.77 0.78 0.78 0.92 0.90 0.89 0.78 0.78 0.87 0.93 0.86 0.83 0.85 0.86 0.94 0.95
Cash ratio 0.09 0.14 0.29 0.05 0.05 0.04 0.04 0.07 0.06 0.11 0.28 0.23 0.21 0.14 0.16 0.18 0.19 0.16 0.15 0.22 0.26 0.32 0.34

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. General Dynamics Corp. current ratio deteriorated from Q1 2020 to Q2 2020 but then slightly improved from Q2 2020 to Q3 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. General Dynamics Corp. quick ratio deteriorated from Q1 2020 to Q2 2020 but then slightly improved from Q2 2020 to Q3 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. General Dynamics Corp. cash ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Current Ratio

General Dynamics Corp., current ratio calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Current assets 20,865 21,135 24,741 19,780 20,151 19,557 18,867 18,189 19,958 19,827 20,464 18,328 18,080 17,126 16,614 15,447 15,297 14,386 14,188 14,571 15,288 15,773 16,352
Current liabilities 16,120 16,606 18,440 16,801 18,227 18,014 15,382 14,739 15,689 16,573 15,242 13,099 13,209 13,503 13,165 12,846 11,893 12,135 12,423 12,445 13,178 12,708 13,112
Liquidity Ratio
Current ratio1 1.29 1.27 1.34 1.18 1.11 1.09 1.23 1.23 1.27 1.20 1.34 1.40 1.37 1.27 1.26 1.20 1.29 1.19 1.14 1.17 1.16 1.24 1.25
Benchmarks
Current Ratio, Competitors2
Boeing Co. 1.42 1.41 1.17 1.05 1.11 1.03 1.07
Caterpillar Inc. 1.54 1.50 1.42 1.47 1.44 1.43 1.43
Eaton Corp. plc 1.49 1.50 1.75 1.70 1.72 1.83 1.47
GE Aerospace 1.27 1.22 1.14 0.99 1.07 1.11 1.13
Honeywell International Inc. 1.64 1.63 1.30 1.34 1.31 1.19 1.24
Lockheed Martin Corp. 1.33 1.31 1.23 1.22 1.28 1.20 1.17
RTX Corp. 1.22 1.20 1.23 1.08 1.06 1.05 1.13

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 20,865 ÷ 16,120 = 1.29

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. General Dynamics Corp. current ratio deteriorated from Q1 2020 to Q2 2020 but then slightly improved from Q2 2020 to Q3 2020.

Quick Ratio

General Dynamics Corp., quick ratio calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Cash and equivalents 1,469 2,300 5,330 902 974 702 673 963 1,010 1,862 4,332 2,983 2,722 1,856 2,168 2,334 2,303 1,899 1,907 2,785 3,372 4,032 4,412
Accounts receivable 3,863 3,515 3,547 3,544 3,489 3,673 3,718 3,759 3,736 3,874 3,769 3,617 3,391 3,690 3,483 3,611 3,502 3,539 3,654 3,446 3,796 3,595 3,661
Unbilled receivables 8,143 7,715 7,938 7,857 8,077 7,554 7,367 6,576 7,564 7,125 5,865 5,240 5,609 5,045 4,557 5,282 5,213 4,996 4,705 4,357 4,215 4,273 4,444
Total quick assets 13,475 13,530 16,815 12,303 12,540 11,929 11,758 11,298 12,310 12,861 13,966 11,840 11,722 10,591 10,208 11,227 11,018 10,434 10,266 10,588 11,383 11,900 12,517
 
Current liabilities 16,120 16,606 18,440 16,801 18,227 18,014 15,382 14,739 15,689 16,573 15,242 13,099 13,209 13,503 13,165 12,846 11,893 12,135 12,423 12,445 13,178 12,708 13,112
Liquidity Ratio
Quick ratio1 0.84 0.81 0.91 0.73 0.69 0.66 0.76 0.77 0.78 0.78 0.92 0.90 0.89 0.78 0.78 0.87 0.93 0.86 0.83 0.85 0.86 0.94 0.95
Benchmarks
Quick Ratio, Competitors2
Boeing Co. 0.42 0.47 0.30 0.23 0.28 0.25 0.26
Caterpillar Inc. 1.01 0.98 0.91 0.98 0.93 0.94 0.91
Eaton Corp. plc 0.63 0.57 0.68 0.78 0.99 1.07 0.82
GE Aerospace 1.01 0.97 0.91 0.69 0.65 0.71 0.73
Honeywell International Inc. 1.27 1.26 0.93 0.99 1.00 0.87 0.92
Lockheed Martin Corp. 1.08 1.04 0.96 0.93 1.03 0.93 0.93
RTX Corp. 0.84 0.75 0.81 0.73 0.71 0.70 0.75

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 13,475 ÷ 16,120 = 0.84

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. General Dynamics Corp. quick ratio deteriorated from Q1 2020 to Q2 2020 but then slightly improved from Q2 2020 to Q3 2020.

Cash Ratio

General Dynamics Corp., cash ratio calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Cash and equivalents 1,469 2,300 5,330 902 974 702 673 963 1,010 1,862 4,332 2,983 2,722 1,856 2,168 2,334 2,303 1,899 1,907 2,785 3,372 4,032 4,412
Total cash assets 1,469 2,300 5,330 902 974 702 673 963 1,010 1,862 4,332 2,983 2,722 1,856 2,168 2,334 2,303 1,899 1,907 2,785 3,372 4,032 4,412
 
Current liabilities 16,120 16,606 18,440 16,801 18,227 18,014 15,382 14,739 15,689 16,573 15,242 13,099 13,209 13,503 13,165 12,846 11,893 12,135 12,423 12,445 13,178 12,708 13,112
Liquidity Ratio
Cash ratio1 0.09 0.14 0.29 0.05 0.05 0.04 0.04 0.07 0.06 0.11 0.28 0.23 0.21 0.14 0.16 0.18 0.19 0.16 0.15 0.22 0.26 0.32 0.34
Benchmarks
Cash Ratio, Competitors2
Boeing Co. 0.29 0.35 0.16 0.10 0.12 0.10 0.09
Caterpillar Inc. 0.37 0.35 0.27 0.31 0.29 0.27 0.26
Eaton Corp. plc 0.13 0.09 0.08 0.12 0.18 0.18 0.08
GE Aerospace 0.70 0.70 0.67 0.47 0.41 0.44 0.47
Honeywell International Inc. 0.87 0.87 0.51 0.58 0.62 0.50 0.55
Lockheed Martin Corp. 0.24 0.19 0.13 0.11 0.16 0.08 0.06
RTX Corp. 0.28 0.20 0.25 0.21 0.21 0.19 0.20

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,469 ÷ 16,120 = 0.09

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. General Dynamics Corp. cash ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.