Please access the $10-$k$$s for Lockheed Martin for the last $2$ years. Calculate ratios for the two most recent years. $$

$1.$ Calculate Lockheed$$s z$-$score for the same time period and comment on what the score tells you.

$2.$ Overall what is your assessment of Lockheed$$s risk.

$3.$ Also do the $2-$minute drill for Lockheed and approximate their credit rating for the current year. Lockheed Martin Corporation

Consolidated Balance Sheets $($in millions, except par value$)$

December $31,$

$\backslash$begin$\{$tabular$\}\{$cr$\}$

December $31,\backslash \backslash$

$\backslash$hline $2023$ & $2022\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{5\}\{|$l$|\}\{$Assets$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{5\}\{|$l$|\}\{$Current assets$\}\backslash \backslash$

$\backslash$hline Cash and cash equivalents & $\backslash$$ & $1,442$ & $\backslash$$ & $2,547\backslash \backslash$

$\backslash$hline Receivables, net & & $2,132$ & & $2,505\backslash \backslash$

$\backslash$hline Contract assets & & $13,183$ & & $12,318\backslash \backslash$

$\backslash$hline Inventories & & $3,132$ & & $3,088\backslash \backslash$

$\backslash$hline Other current assets & & $632$ & & $533\backslash \backslash$

$\backslash$hline Total current assets & & $20,521$ & & $20,991\backslash \backslash$

$\backslash$hline Property, plant and equipment, net & & $8,370$ & & $7,975\backslash \backslash$

$\backslash$hline Goodwill & & $10,799$ & & $10,780\backslash \backslash$

$\backslash$hline Intangible assets, net & & $2,212$ & & $2,459\backslash \backslash$

$\backslash$hline Deferred income taxes & & $2,953$ & & $3,744\backslash \backslash$

$\backslash$hline Other noncurrent assets & & $7,601$ & & $6,931\backslash \backslash$

$\backslash$hline Total assets & S & $52,456$ & $\backslash$$ & $52,880\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{5\}\{|$l$|\}\{$Liabilities and equity$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{5\}\{|$l$|\}\{$Current liabilities$\}\backslash \backslash$

$\backslash$hline Accounts payable & $\backslash$$ & $2,312$ & $\backslash$$ & $2,117\backslash \backslash$

$\backslash$hline Salaries, benefits and payroll taxes & & $3,133$ & & $3,075\backslash \backslash$

$\backslash$hline Contract liabilities & & $9,190$ & & $8,488\backslash \backslash$

$\backslash$hline Current maturities of long$-$term debt & & $168$ & & $118\backslash \backslash$

$\backslash$hline Other current liabilities & & $2,134$ & & $2,089\backslash \backslash$

$\backslash$hline Total current liabilities & & $16,937$ & & $15,887\backslash \backslash$

$\backslash$hline Long$-$term debt, net & & $17,291$ & & $15,429\backslash \backslash$

$\backslash$hline Accrued pension liabilities & & $6,162$ & & $5,472\backslash \backslash$

$\backslash$hline Other noncurrent liabilities & & $5,231$ & & $6,826\backslash \backslash$

$\backslash$hline Total liabilities & & $45,621$ & & $43,614\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{5\}\{|$l$|\}\{$Stockholders$\text{'}$ equity$\}\backslash \backslash$

$\backslash$hline Common stock, $\backslash$$$1$ par value per share & & $240$ & & $254\backslash \backslash$

$\backslash$hline Additional paid$-$in capital & & $$ & & $92\backslash \backslash$

$\backslash$hline Retained carnings & & $15,398$ & & $16,943\backslash \backslash$

$\backslash$hline Accumulated other comprehensive loss & & $(8,803)$ & & $\backslash ((8,023)\backslash )\backslash \backslash$

$\backslash$hline Total stockholders' equity & & $6,835$ & & $9\mathrm{.}266\backslash \backslash$

$\backslash$hline Total liabilities and equity & $\backslash$$ & $52,456$ & $\backslash$$ & $52,880\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

The accompanying notes are an integral part of these consolidated financial statements. Lockheed Martin Corporation Consolidated Statements of Cash Flows $($in millions$)$

Years Ended December $31,$ Lockheed Martin Corporation Consolidated Statements of Earnings

$($in millions, except per share data$)$

Years Ended December $31,$

The accompanying notes are an integral part of these consolidated financial statements.