L3Harris Technologies Inc (LHX) - Total Assets
Based on the latest financial reports, L3Harris Technologies Inc (LHX) holds total assets worth $41.01 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See LHX net assets for net asset value and shareholders' equity analysis.
L3Harris Technologies Inc - Total Assets Trend (1985–2024)
This chart illustrates how L3Harris Technologies Inc's total assets have evolved over time, based on quarterly financial data.
L3Harris Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
L3Harris Technologies Inc's total assets of $41.01 Billion consist of 19.6% current assets and 80.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $615.00 Million | 1.5% |
| Accounts Receivable | $4.68 Billion | 11.1% |
| Inventory | $1.33 Billion | 3.2% |
| Property, Plant & Equipment | $3.46 Billion | 8.3% |
| Intangible Assets | $7.64 Billion | 18.2% |
| Goodwill | $20.32 Billion | 48.4% |
Asset Composition Trend (1985–2024)
This chart illustrates how L3Harris Technologies Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see LHX company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: L3Harris Technologies Inc's current assets represent 19.6% of total assets in 2024, a decrease from 58.1% in 1985.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2024, down from 6.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 66.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 48.4% of total assets.
L3Harris Technologies Inc Competitors by Total Assets
Key competitors of L3Harris Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
VSE Corporation
NASDAQ:VSEC
|
USA | $1.56 Billion |
|
Howmet Aerospace Inc
NYSE:HWM
|
USA | $11.18 Billion |
|
Avic Shenyang Aircraft Co Ltd
SHG:600760
|
China | CN¥64.18 Billion |
|
Bombardier Inc
TO:BBD-B
|
Canada | CA$13.33 Billion |
|
CAE Inc.
TO:CAE
|
Canada | CA$11.03 Billion |
|
Sigma Advanced Systems Limited
NSE:MEGASOFT
|
India | Rs3.05 Billion |
|
V2X Inc
NYSE:VVX
|
USA | $3.18 Billion |
|
Guanglian Aviation Industry Co Ltd
SHE:300900
|
China | CN¥5.05 Billion |
L3Harris Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.14 | 1.04 | 1.57 |
| Quick Ratio | 0.95 | 0.87 | 1.34 |
| Cash Ratio | 0.00 | 0.07 | 0.00 |
| Working Capital | $955.00 Million | $329.00 Million | $2.43 Billion |
L3Harris Technologies Inc - Advanced Valuation Insights
This section examines the relationship between L3Harris Technologies Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.66 |
| Latest Market Cap to Assets Ratio | 1.23 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | $42.00 Billion |
| Market Capitalization | $51.53 Billion USD |
Valuation Analysis
Above Book Valuation: The market values L3Harris Technologies Inc's assets above their book value (1.23x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: L3Harris Technologies Inc's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for L3Harris Technologies Inc (1985–2024)
The table below shows the annual total assets of L3Harris Technologies Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $42.00 Billion | +0.75% |
| 2023-12-31 | $41.69 Billion | +24.35% |
| 2022-12-31 | $33.52 Billion | -3.41% |
| 2021-12-31 | $34.71 Billion | -6.09% |
| 2020-12-31 | $36.96 Billion | -3.59% |
| 2019-12-31 | $38.34 Billion | +288.96% |
| 2018-12-31 | $9.86 Billion | -2.32% |
| 2017-12-31 | $10.09 Billion | -15.98% |
| 2016-12-31 | $12.01 Billion | -8.52% |
| 2015-12-31 | $13.13 Billion | +166.86% |
| 2014-12-31 | $4.92 Billion | +1.25% |
| 2013-12-31 | $4.86 Billion | -13.13% |
| 2012-12-31 | $5.59 Billion | -9.40% |
| 2011-12-31 | $6.17 Billion | +30.13% |
| 2010-12-31 | $4.74 Billion | +6.24% |
| 2009-12-31 | $4.47 Billion | -3.51% |
| 2008-12-31 | $4.63 Billion | +5.03% |
| 2007-12-31 | $4.41 Billion | +40.22% |
| 2006-12-31 | $3.14 Billion | +27.87% |
| 2005-12-31 | $2.46 Billion | +10.41% |
| 2004-12-31 | $2.23 Billion | +7.25% |
| 2003-12-31 | $2.08 Billion | +11.25% |
| 2002-12-31 | $1.87 Billion | -4.93% |
| 2001-12-31 | $1.96 Billion | -15.67% |
| 2000-12-31 | $2.33 Billion | -21.35% |
| 1999-12-31 | $2.96 Billion | -8.41% |
| 1998-12-31 | $3.23 Billion | -11.20% |
| 1997-12-31 | $3.64 Billion | +13.45% |
| 1996-12-31 | $3.21 Billion | +13.07% |
| 1995-12-31 | $2.84 Billion | +5.94% |
| 1994-12-31 | $2.68 Billion | +5.31% |
| 1992-12-31 | $2.54 Billion | +2.34% |
| 1991-12-31 | $2.48 Billion | -0.08% |
| 1990-12-31 | $2.49 Billion | -5.31% |
| 1989-12-31 | $2.63 Billion | +2.63% |
| 1988-12-31 | $2.56 Billion | +55.61% |
| 1987-12-31 | $1.64 Billion | -8.50% |
| 1986-12-31 | $1.80 Billion | +0.18% |
| 1985-12-31 | $1.79 Billion | -- |
About L3Harris Technologies Inc
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne … Read more