Northrop Grumman Corp

NOC
Failed

Company Overview

Northrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.

Country
US
Market Cap
$68.21B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% failed
5% Threshold
0.0%
Liabilities Compliance
22.99% passed
33% Threshold
23.0%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Northrop Grumman Corp
Ticker NOC
Main Business Aerospace & Defense
Type Common Stock
Industry Aerospace & Defense
Country US
Market Cap $68.21 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Space Systems $12,280.0 $0.0 -
Aeronautics Systems $10,530.0 $0.0 -
Mission Systems $10,400.0 $0.0 -
Defense Systems $5,580.0 $0.0 -
Intersegment eliminations $-2,180.0 $0.0 -
Interest income $0.0 $0.0 -
Total $36,610.0 $0.0 0.00% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
long term debt and capital lease obligation $15,680,000,000.0 22.99%
Total Interest-Bearing Debt $15,680,000,000.0 22.99%
Market Capitalization $68,207,998,000.0 100.00%
Compliance Status Threshold: 33% passed