L3Harris Technologies, Inc. company logo
L3Harris Technologies, Inc. logo

L3Harris Technologies, Inc. (LHX) Quick Ratio

Annual Quick Ratio

0.870.07+8.75%

Summary

Current Value
As of today, LHX annual quick ratio is 0.87, up +8.75% on
Historical Performance
LHX annual quick ratio is down -26.27% over the past 3 years, and down -31.50% over the past 5 years
All-Time High Comparison
LHX annual quick ratio is currently -64.63% below its historical high of 2.46 set on
3-Year Low Comparison
LHX annual quick ratio is +8.75% above its 3-year low of 0.80 reached on
Sector Comparison
LHX annual quick ratio is higher than 24.46% of companies in Industrials sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

LHX Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.87+8.8%-26.3%-31.5%-34.1%
Quarterly Quick Ratio0.95+9.2%+9.2%-19.5%+6.7%
Price$325.74+57.3%+58.0%+80.3%+602.6%
Annual Current Assets$7.96B+0.6%+25.4%+26.1%+298.8%
Annual Inventory$1.33B-9.7%+35.4%+9.1%+116.2%
Annual Current Liabilities$7.63B-4.6%+67.7%+90.4%+631.9%
Annual Current Ratio1.04+5.0%-25.2%-33.8%-45.5%
Annual Debt To Equity0.67-9.5%+63.4%+91.4%+21.8%
Piotroski F-Score9+28.6%+50.0%+28.6%+28.6%
Altman Z-Score2.43+30.6%-1.2%+8.0%-35.4%

Quick Ratio Highs

LHX Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.94N/A-7.5%
5Y1.34N/A-35.1%
All2.46-64.6%

Quick Ratio Lows

LHX Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.80+8.8%
5Y0.80+8.8%
All0.64+35.9%

Quick Ratio History

YearValueChange
0.87+8.8%
0.80-14.9%
0.94-20.3%
1.18-11.9%
1.34+5.5%
1.27+74.0%
YearValueChange
0.73+14.1%
0.64-28.1%
0.89-19.1%
1.10-10.6%
1.23-

FAQ

  • What is the current annual quick ratio of LHX?

    As of today, LHX annual quick ratio is 0.87

  • What is 1-year change in LHX annual quick ratio?

    LHX annual quick ratio is up +8.75% year-over-year

  • What is 3-year change in LHX annual quick ratio?

    LHX annual quick ratio is down -26.27% over the past 3 years

  • How far is LHX annual quick ratio from its all-time high?

    LHX annual quick ratio is currently -64.63% below its historical high of 2.46 set on June 1, 2004

  • How does LHX annual quick ratio rank versus sector peers?

    LHX annual quick ratio is higher than 24.46% of companies in Industrials sector

  • When is LHX next annual earnings release?

    The next annual earnings release for LHX is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. LHX Official Website www.l3harris.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/202058/000020205825000023/0000202058-25-000023-index.htm
  3. LHX Profile on Yahoo Finance finance.yahoo.com/quote/LHX
  4. LHX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/lhx