Analysis of Long-term (Investment) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
General Dynamics Corp., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | General Dynamics Corp.’s net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | General Dynamics Corp.’s total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020. |
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | General Dynamics Corp.’s equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Net Fixed Asset Turnover
General Dynamics Corp., net fixed asset turnover calculation (quarterly data)
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) | ||||||||||||||||||||||||||||||
Revenue | 9,431 | 9,264 | 8,749 | 10,773 | 9,761 | 9,555 | 9,261 | 10,378 | 9,094 | 9,186 | 7,535 | 8,277 | 7,580 | 7,675 | 7,441 | 8,233 | 7,731 | 7,665 | 7,724 | 7,809 | 7,994 | 7,882 | 7,784 | |||||||
Property, plant and equipment, net | 4,863 | 4,721 | 4,537 | 4,475 | 4,217 | 4,091 | 4,054 | 4,348 | 4,244 | 4,179 | 3,533 | 3,517 | 3,461 | 3,424 | 3,412 | 3,467 | 3,445 | 3,440 | 3,477 | 3,466 | 3,370 | 3,329 | 3,323 | |||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||
Net fixed asset turnover1 | 7.86 | 8.17 | 8.56 | 8.79 | 9.24 | 9.36 | 9.35 | 8.32 | 8.03 | 7.80 | 8.79 | 8.81 | 8.94 | 9.08 | 9.11 | 9.04 | 8.98 | 9.07 | 9.03 | 9.08 | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||
Boeing Co. | 5.08 | 5.47 | 5.69 | 6.12 | 6.94 | 7.31 | 7.99 | 8.00 | 7.81 | 7.72 | 7.59 | 7.37 | 7.18 | 7.09 | 7.24 | 7.38 | — | — | — | — | — | — | — | |||||||
Lockheed Martin Corp. | 9.44 | 9.44 | 9.25 | 9.07 | 9.35 | 9.32 | 9.20 | 8.78 | 9.23 | 9.05 | 8.98 | 8.84 | 9.01 | 8.87 | 8.75 | 8.51 | — | — | — | — | — | — | — | |||||||
Northrop Grumman Corp. | 4.91 | 4.91 | 4.93 | 4.90 | 5.03 | 5.04 | 4.91 | 4.72 | 4.74 | 4.61 | 6.13 | 6.11 | 6.51 | 6.63 | 6.79 | 6.83 | — | — | — | — | — | — | — | |||||||
Raytheon Technologies Corp. | 4.52 | 4.82 | 6.16 | 6.04 | 6.19 | 5.90 | 5.70 | 5.41 | 6.27 | 6.20 | 5.96 | 5.87 | 6.02 | 6.13 | 6.23 | 6.25 | — | — | — | — | — | — | — |
Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).
1 Q3 2020 Calculation
Net fixed asset turnover
= (RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020
+ RevenueQ4 2019)
÷ Property, plant and equipment, net
= (9,431 + 9,264 + 8,749 + 10,773)
÷ 4,863 = 7.86
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | General Dynamics Corp.’s net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Total Asset Turnover
General Dynamics Corp., total asset turnover calculation (quarterly data)
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) | ||||||||||||||||||||||||||||||
Revenue | 9,431 | 9,264 | 8,749 | 10,773 | 9,761 | 9,555 | 9,261 | 10,378 | 9,094 | 9,186 | 7,535 | 8,277 | 7,580 | 7,675 | 7,441 | 8,233 | 7,731 | 7,665 | 7,724 | 7,809 | 7,994 | 7,882 | 7,784 | |||||||
Total assets | 50,258 | 50,222 | 53,710 | 48,841 | 48,788 | 48,074 | 47,466 | 45,408 | 46,963 | 47,152 | 37,219 | 35,046 | 34,914 | 33,793 | 33,211 | 32,872 | 32,668 | 31,769 | 31,702 | 31,997 | 32,980 | 33,654 | 34,385 | |||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||
Total asset turnover1 | 0.76 | 0.77 | 0.72 | 0.81 | 0.80 | 0.80 | 0.80 | 0.80 | 0.73 | 0.69 | 0.83 | 0.88 | 0.89 | 0.92 | 0.94 | 0.95 | 0.95 | 0.98 | 0.99 | 0.98 | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||
Boeing Co. | 0.38 | 0.41 | 0.49 | 0.57 | 0.66 | 0.73 | 0.84 | 0.86 | 0.86 | 0.86 | 0.84 | 1.01 | 1.00 | 1.01 | 1.04 | 1.05 | — | — | — | — | — | — | — | |||||||
Lockheed Martin Corp. | 1.27 | 1.27 | 1.24 | 1.26 | 1.18 | 1.20 | 1.18 | 1.20 | 1.20 | 1.16 | 1.11 | 1.10 | 1.01 | 1.01 | 0.98 | 0.99 | — | — | — | — | — | — | — | |||||||
Northrop Grumman Corp. | 0.79 | 0.80 | 0.79 | 0.82 | 0.82 | 0.83 | 0.79 | 0.80 | 0.75 | 0.72 | 0.76 | 0.74 | 0.96 | 0.98 | 0.98 | 0.96 | — | — | — | — | — | — | — | |||||||
Raytheon Technologies Corp. | 0.41 | 0.44 | 0.55 | 0.55 | 0.54 | 0.52 | 0.51 | 0.50 | 0.56 | 0.62 | 0.62 | 0.62 | 0.61 | 0.61 | 0.64 | 0.64 | — | — | — | — | — | — | — |
Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).
1 Q3 2020 Calculation
Total asset turnover
= (RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020
+ RevenueQ4 2019)
÷ Total assets
= (9,431 + 9,264 + 8,749 + 10,773)
÷ 50,258 = 0.76
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | General Dynamics Corp.’s total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020. |
Equity Turnover
General Dynamics Corp., equity turnover calculation (quarterly data)
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) | ||||||||||||||||||||||||||||||
Revenue | 9,431 | 9,264 | 8,749 | 10,773 | 9,761 | 9,555 | 9,261 | 10,378 | 9,094 | 9,186 | 7,535 | 8,277 | 7,580 | 7,675 | 7,441 | 8,233 | 7,731 | 7,665 | 7,724 | 7,809 | 7,994 | 7,882 | 7,784 | |||||||
Shareholders’ equity | 14,716 | 13,890 | 13,200 | 13,577 | 13,513 | 12,877 | 12,234 | 11,732 | 12,755 | 11,994 | 11,774 | 11,435 | 11,564 | 10,952 | 10,583 | 10,976 | 11,317 | 10,995 | 10,582 | 10,738 | 10,734 | 11,276 | 11,520 | |||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||
Equity turnover1 | 2.60 | 2.78 | 2.94 | 2.90 | 2.88 | 2.97 | 3.10 | 3.08 | 2.67 | 2.72 | 2.64 | 2.71 | 2.67 | 2.84 | 2.94 | 2.86 | 2.73 | 2.84 | 2.97 | 2.93 | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Equity Turnover, Competitors2 | ||||||||||||||||||||||||||||||
Boeing Co. | — | — | — | — | — | — | 805.30 | 298.31 | — | — | 78.39 | 263.08 | 84.08 | — | 978.05 | 115.75 | — | — | — | — | — | — | — | |||||||
Lockheed Martin Corp. | 12.97 | 16.77 | 17.74 | 19.13 | 14.99 | 20.17 | 22.91 | 38.57 | 57.78 | 125.81 | — | — | 23.67 | 38.77 | 32.32 | 31.27 | — | — | — | — | — | — | — | |||||||
Northrop Grumman Corp. | 3.37 | 3.57 | 3.78 | 3.84 | 3.42 | 3.57 | 3.61 | 3.68 | 3.14 | 3.28 | 3.42 | 3.66 | 3.94 | 4.26 | 4.47 | 4.66 | — | — | — | — | — | — | — | |||||||
Raytheon Technologies Corp. | 0.97 | 1.06 | 1.95 | 1.84 | 1.87 | 1.78 | 1.75 | 1.73 | 2.00 | 2.00 | 2.01 | 2.02 | 1.97 | 2.04 | 2.09 | 2.08 | — | — | — | — | — | — | — |
Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).
1 Q3 2020 Calculation
Equity turnover
= (RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020
+ RevenueQ4 2019)
÷ Shareholders’ equity
= (9,431 + 9,264 + 8,749 + 10,773)
÷ 14,716 = 2.60
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | General Dynamics Corp.’s equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |