Financial ratios can be used to evaluate the shares of Lockheed Martin. According to a significant body
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Financial ratios can be used to evaluate the shares of Lockheed Martin. According to a significant body of research, they are classified into liquidity, financial leverage, and profitability ratios. Lockheed Martin's current ratio hit its 5-year low in December 2023 of 1.2. Lockheed Martin's current ratio decreased in 2022 (1.3) and 2023 (1.2). This method allows management to save expenses by keeping a considerable part of liquid assets, which has high opportunity costs. As a result, the company has devised an excellent plan to assure long-term corporate success, and it is prudent to purchase the shares.
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